Lock in a high CD rate today to grow your savings. Compare rates to ensure the best offer. Longer-term CDs no longer guarantee higher rates in today’s economy. Gainbridge® offers the highest rate at 5.5% APY on a 5-year CD with a $1000 minimum deposit. APY determines interest earnings, with compounding frequency affecting growth.

Investing $1,000 in a 1-year CD with 1.81% APY and monthly compounding yields $18.25 in interest. Choosing a 4% APY CD would result in $40.74 in interest. Depositing more, like $10,000, could earn $407.42 in interest. Beyond traditional CDs, consider Bump-up, No-penalty, Jumbo, or Brokered CDs for unique benefits.

Read more at Yahoo Finance: Best CD rates today, July 20, 2025 (lock in up to 5.5% APY)