When choosing a certificate of deposit (CD), you have to compare a few figures to make the right call for your needs — any minimum balance requirements or the amount of interest earned ...

With three back-to-back Fed rate cuts behind us last year and two more expected in 2025, CD rates have been gradually declining. But you haven't missed your chance to lock in solid returns.

Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

Business Insider's personal finance team checks the best nationwide financial institutions daily to help you find the right 5-year CD for you. The best 5-year CD rates are far higher than the ...

Online financial institutions tend to have the best 2-year CD rates. These banks and credit unions can offer rates far above the average APY (Annual Percentage Yield) on a 2-year CD, which is 1.45 ...

So is a 6-month certificate of deposit (CD) a good idea? Right now, the annual percentage yields (APYs) on the best 6-month CDs hover around 4.00% to 4.50%. These rates definitely seem attractive ...

Currently, the best 1-year CD rates are some of the best rates you can get on CDs in general. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human Federal Credit Union.

The Federal Reserve chose to keep interest rates steady at the last Fed meeting. CD rates are likely to stay stable until the next Fed meeting since Fed rates can impact CD interest rates.

Education: Washington University in St. Louis, A.B. in political science and international development Laura Meckler is national education writer at the Washington Post, where she covers news ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with ...

Business Insider's personal finance team compared Fidelity CDs to the best CD rates and discovered it was a standard offering. Its CD rates are generally strong, but they change often, and ...

Edward Jones CD rates are competitive with several of the best CD rates out there. If you're looking to use CDs as part of your savings strategy, Edward Jones' brokered CDs may be worth considering.