Summary: Find the best CD rates today with Gainbridge® offering 5.5% APY on a 5-year CD. Analysis: Neutral.

From Yahoo Finance: 2025-06-28 06:00:00

Lock in a high CD rate now before rates fall further. Find the best offers on shorter terms. Gainbridge® offers the highest CD rate at 5.5% APY on a 5-year CD with a $1000 minimum deposit. Your earnings depend on the APY and how often interest compounds.

Invest $1,000 in a one-year CD with 1.81% APY and monthly compounding to earn $18.25 in interest. Opt for a 4% APY one-year CD to earn $40.74 in interest. The more you deposit, the more you earn – a $10,000 deposit at 4% APY could yield $407.42 in interest.

Consider different types of CDs beyond traditional ones for added benefits. Bump-up CDs let you request a higher rate once, while no-penalty CDs allow early withdrawals. Jumbo CDs require higher deposits for potentially higher rates. Brokered CDs offer higher rates but come with more risk and no FDIC insurance.

Read more: Best CD rates today, June 28, 2025 (best account provides 5.5% APY)