Best CD rates reaching up to 4.4% APY, above national average, good for savers

From Yahoo Finance: 2025-05-26 06:00:00

Today’s CD rates are still above the national average, with the highest rate at 4.4% APY for a 1-year CD from NexBank. Online banks and credit unions typically offer more competitive rates compared to traditional banks. The average national interest rate for a 1-year CD is 1.77%, but current rates are some of the highest in nearly two decades due to the Federal Reserve’s efforts to combat inflation. When opening a CD, consider the APY, term length, and minimum deposit requirements. Shopping around and checking account terms and conditions can help you find the best CD rates and accounts.



Read more at Yahoo Finance: Best CD rates today, May 26, 2025 (Lock in up to 4.4% APY)