ADVERTISEMENT: products from our partners

Standout CD rates

CDs are an excellent way to earn money for doing virtually nothing. They often pay more in interest than your average savings account — sometimes as much as 5 times more. And thankfully, it only takes minutes to find the best one for you. Check out the offers from our partners and start earning more interest today.

Standout CD rates From Our Partners

Hmm, we didn’t find any CDs that fits your selection.

Try tweaking your filters to see some CDs OR see our picks below.

Why online banks dominate the list

The most important factor for virtually every CD-shopper is the APY. And, as it happens, online banks are offering massive APYs — as much as 5x the average APY* — plus, they also offer rock-bottom maintenance fees.

___________________________________________________________________________________________

*5x more interest based on the national average annual percentage yield ("APY") of 0.06% (as reported by the Federal Deposit Insurance Corporation as of May 27, 2020) as compared to online banks with interest-bearing CD account APYs of 0.40% or more. Estimated annual earnings result assumes principal and interest remain on deposit for one year and interest rates and APY do not change. Estimated annual earnings are for informational purposes only. Interest rates and APY are subject to change and specific results cannot be guaranteed.

1 The national average annual percentage yield ("APY") is listed as 0.06% as reported by the Federal Deposit Insurance Corporation as of May 27, 2020.

EXAMPLE OF POTENTIAL SAVINGS

If your money is in an account that earns a high interest rate, your balance will grow faster without any additional effort on your part. After one year, a balance of $10,000 would earn about $10 in an account with a 0.10% APY. That same balance would earn about $150 in an account with a 1.50% APY.