Today’s CD rates remain above the national average after the Federal Reserve cut interest rates three times in 2024. Lock in high rates with a certificate of deposit (CD) now before they drop. Gainbridge offers a 5.5% APY on a 5-year CD with a $1000 minimum deposit.

Online banks and credit unions typically offer higher CD rates than traditional banks. Shop around and compare rates to find the best CD for your financial goals. Consider factors like minimum deposit requirements and account terms before opening a CD.

The national average interest rate for a 1-year CD is 1.77%, but today’s rates are among the highest in nearly two decades. Evaluate your options and choose a CD with a high APY that aligns with your financial needs. Look for accounts with favorable terms like no-penalty CDs for flexibility.

Read more at Yahoo Finance: Best CD rates today, July 14, 2025 (Lock in up to 5.5% APY)