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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 40 times more. And thankfully, it only takes minutes to find the best one for you. Check out the offers, some of which are from our partners, and start earning more interest today.

The key difference between CDs and savings accounts

CDs typically have a higher APY – though nowadays the differences are slim – but require you to leave your money untouched for the length of the CD term. Savings accounts, on the other hand, offer you access to your cash whenever you want. If you want instant access to your money, a savings account might be the better option.

Get personalized rates

CD rates hinge on a few basic inputs, so be sure to enter your info below.

Deposit amount

Length of CD

Zip code

NerdWallet Rating

Bank

Terms

APY

CTA

NerdWallet rating

View Details

1 year
$500 minimum balance

APY

2.20%

At Nationwide, Member, NON_MEMBER_FDIC

View Details

How we rate banks and credit unions

View all CDs

Standout Savings Accounts

Savings accounts offer you access to your cash whenever you want. If you want instant access to your money, a savings account might be the better option than a CD.

BankAPYMonthly FeeDetails
Citizens Access Online Savings Account's logo

at Citizens Access,

Member, FDIC

2.20%

With $5000 minimum balance

$0

Pros

  • Customer service available 7 days/week

Cons

  • No checking account, ATM access or mobile app
  • $5,000 minimum deposit
  • No physical branches
Goldman Sachs Bank USA Online Savings's logo

at Goldman Sachs Bank USA,

Member, FDIC

2.15%

With $0 minimum balance

$0

Pros

  • Access to customer service 6 days/week
  • No monthly fees

Cons

  • No checking account, mobile app or ATM access
  • No physical branches

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 the ones offering highly-competitive APYs and rock-bottom maintenance fees.

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