Skip to Main Content

Certificates Of Deposit

Bankrate provides comparison tools, educational content, and the latest rate news to help you find the best CD offer.

CD Rates Icon
Best CD Rates
Calculator Icon
CD Calculator
Rates Icon
Jumbo CD Rates
Savings Icon
CD Ladder Calculator
Bank With Star Icon
Bank Reviews

Explore CD basics

Man at laptop, deep in thought

The pros and cons of CD investing

Certificates of deposit offer peace of mind, but they’re not without some drawbacks.
By Libby Wells
IRS building

Tax considerations for certificate of deposit (CD) investors

Taxes on CD interest aren’t always clear-cut. Here’s what you need to know.
By Karen Bennett
4 min read
stacks of coin with dollar bill

CD ladder: What it is and how to build one

A CD ladder lets savers benefit from higher rates without locking up all your money in long-term CDs.
By René Bennett
5 min read

Stay updated on CD rate trends

DAILY

Today's CD rate news

Explore the highest CD rates by term every weekday and learn how economic trends can affect your rate.

Arrow Right Icon
CDS

CD rates forecast for 2024

CD investors continue to benefit from strong yields, while inflation gradually slows. Here's what you need to know before the year ends.

CDS

Historical rate trends

Discover how CD interest rates have changed from 1984 to present and what we can learn from analyzing historical economic data.

Image for Current CD interest rates
WEEKLY

Current CD interest rates

Read up on top available rates and national average trends over time from Bankrate’s weekly survey of banks and credit unions.

Arrow Right Icon
Bankrate logo

Weekly CD Rates

Bankrate consistently has offers well above the national average to help you earn more on your savings.

Bankrate Partner Average

4.07%APY
VS

National Average

2.02%APY

Experts in all things banking

Our expert writers and editors bring you timely news and reliable information - backed by data and first-hand experience.

About Bankrate's team
Greg McBride

Greg McBride, CFA Arrow Right Icon

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right Icon

Senior Economic Analyst

Calculate your estimated CD earnings

Enter your deposit amount along with the term and APY of the CD you are considering. See how much you could save when your CD reaches maturity.

Years
$ 11,677.40
Your total balance
    012345Year 1Year 2Year 3Year 4Year 5Your EarningsNational Ave...
    Interest earned by year month 5:
    		Your earnings $1677.40
    		 National Average $481.52
    Total interest earned = $1677.40

    Our partners regularly offer APYs that are 2-4x higher than the national average – so you can grow your savings faster.

    Learn more
    A collection of assorted items: old analog alarm clock, padlock, keys, a check, a hand holding cash

    What is a CD (certificate of deposit)?

    CDs often pay better interest than savings accounts and can amp up your nest egg.
    A young man researches in the library.

    How do CDs work? Learn about rates and terms

    CDs hold your funds for a set period. In exchange, you get a reliable return.
    A father multi-tasks with his young son.

    How to invest with CDs

    Savers, here are strategies to invest in CDs.
    woman working on her laptop at the kitchen table

    12 types of CDs: Which one is best for you?

    CDs come in many varieties, making it easy to find one that meets your needs.
    Middle aged woman on laptop

    How to open a certificate of deposit (CD)

    Everything you need to know about opening an account.
    woman using laptop in the kitchen

    Top 18 tips for CD savers

    These tips can help maximize your savings using certificates of deposit.
    A woman ponders

    What to do when a CD matures

    Find out what happens to CDs that are set to mature.
    Placeholder image

    Best CD Rates

    Latest articles

    A graph showing an upward trend from 2025 to 2026. The trendline is made of cash

    Here’s how much investing $10,000 in a CD right now could earn you in 1 year

    If you have $10,000 to invest in a CD right now, here’s how much you could earn.
    Jul 14, 2025
    Woman watering plants.

    Current CD rates for July 2025

    Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
    Jul 10, 2025
    A large pile of cash next to a padlock

    Here’s how much $100,000 in a CD could earn you in 1 year

    A one-year CD can be a safe and worthwhile option, especially turning to high-yielding online banks or credit unions.
    Jul 08, 2025
    A young female researches on her phone.

    No-penalty CDs: What they are and how they work

    Here’s the lowdown on no-penalty CDs, and how they differ from regular CDs.
    Jul 07, 2025

    Is there still such a thing as a 5% CD?

    Currently, you can lock in annual percentage yields (APYs) on certificates of deposit (CDs) above 4 percent on many nationally available CDs, while a select few financial institutions offer promotional [...]
    Jun 30, 2025
    woman working on a laptop

    6 top tips for choosing the best CD for your money

    CDs can be a useful tool to save, but make sure to shop around for the right kind and bank for you.
    Jun 24, 2025
    Man working on laptop and cellphone simultaneously

    Why long-term CDs can be a smart choice in any rate environment

    If you’ve been thinking of getting a longer-term CD, you may want to make a move.
    Jun 20, 2025
    Coworkers discussing project and having work meeting

    CDs vs. share certificates: What’s the difference?

    Here are differences between CDs and share certificates, and which one to choose.
    Jun 16, 2025
    Federal Reserve Chair Jerome Powell speaking behind a podium.

    Survey: Market pros reveal their grades for Jerome Powell’s tenure as head of the Federal Reserve

    Here’s what investing pros said about Fed Chair Jerome Powell’s performance while heading up the Federal Reserve.
    Jul 09, 2025
    A Black couple talk to a salesperson at a car dealership.

    When will car interest rates start dropping?

    Auto rates will likely not decrease this year. Consider how to still save.
    Jun 30, 2025
    New Friends Walking on University Campus

    How the Fed rate changes impact student loan interest rates

    The Federal Reserve’s actions can influence student loan interest rates.
    Jun 30, 2025
    Design element with Jerome Powell

    June Fed meeting recap: Fed leaves rates alone, continues to see two cuts in 2025

    Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
    Jun 18, 2025
    Home decorated for autumn

    Fed holds rates steady: Is it time to tap your home equity?

    It just might be. But don’t forget the fundamentals of how home equity loans work.
    Jun 18, 2025
    US-ECONOMY-FEDERAL RESERVE-RATE-POWELL

    How the Federal Reserve affects business loans

    The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
    Jun 18, 2025

    How the Federal Reserve affects HELOCs and home equity loans

    If you’re looking at HE Loans or have a variable-rate line of credit, pay attention to the Fed.
    Jun 18, 2025
    Banking_How-the-Fed-Rate-Affects-Housing_

    What the Fed’s continued rate pause means for homebuyers and sellers

    The Fed has hit the pause button on rates. How will it affect the housing market?
    Jun 18, 2025
    Watering the plants

    Savings accounts are still an important part of your financial plan, even in a low-rate environment

    The savings account has always been a time-tested standby. Here’s why it still matters.
    May 21, 2021
    Woman working on her laptop from home

    Facing long-term joblessness? Try these 7 things if you’re struggling to find work

    The longer an individual is out of a job, the more likely they are to lose skills, face discrimination from employers and see lower wages.
    May 18, 2021
    Internal Revenue Service federal building Washington DC

    Fourth stimulus check update: Latest White House comments, California governor’s proposal

    Millions of Americans support another round of relief payments.
    May 16, 2021
    Post-pandemic financial checklist

    Your post-pandemic financial checklist: 7 steps to manage your money for long-term success

    Before making this your own version of the roaring ’20s, here’s what you may want to consider.
    May 12, 2021
    Federal Reserve Chairman Jerome Powell speaks at a press conference after an FOMC meeting.

    Fed sticks with zero interest rates, even as inflation concerns mount

    The Fed’s patience could be challenged as the U.S. economy comes roaring back to life.
    Apr 28, 2021
    Woman reading folder at desk in living room

    3 strategies for savers in a low interest rate environment

    Here’s how to respond to lower rates if you’re in the market for a CD or savings account.
    Apr 27, 2021
    Close up of Treasury Department stimulus check

    Still missing your coronavirus stimulus check? Here’s what you should do

    Those taxpayers could potentially see thousands of extra dollars when they file for the Recovery Rebate Credit.
    Apr 26, 2021
    Illustration of Capitol Hill rotunda and coronavirus stimulus checks

    Survey: More than 6 in 10 Americans say $1,400 stimulus checks won’t last three full months

    Most plan to spend their stimulus funds on necessities, not on shopping, dining or traveling.
    Apr 14, 2021
    The trusted provider of accurate rates and financial information
    Wall Street Journal
    Usa Today
    New York Times
    Cnn
    Bloomberg
    Abc