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 12 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.
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 12 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.
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People often identify opening a savings account as their next money move.
Marcus by Goldman Sachs Online Savings Account
APY
3.65%
With $0 min. balance for APY
Bonus
N/A
American Express® High Yield Savings Account
APY
3.60%
With $0 min. balance for APY
Bonus
N/A
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 12x the average APY* — plus, they also offer rock-bottom maintenance fees.
*12x more interest based on the national average annual percentage yield ("APY") of 0.05% (as reported by the Federal Deposit Insurance Corporation as of September 1, 2020) as compared to online banks with interest-bearing CD account APYs of 0.60% 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 0.05% as reported by the Federal Deposit Insurance Corporation as of September 1, 2020.