Top CDs Today, March 25, 2024: Top CD Rates Unchanged Since Last Friday

new google-game March 27, 2024 3:00 pm 17views 0comments

KEY TAKEAWAYS

  • Newtek Bank is still the national leader for standard CDs, offering 5.55% APY for a 6-month term.
  • Several other institutions offer yields above 5.00%, including 5.42% from TotalDirectBank (3-month term), 5.40% from Apple Federal Credit Union (12-month term), and 5.35% from Fortera Credit Union (18-month term).
  • For some time now, the best jumbo CD has been 5.65% APY for a 17-month term, offered by Hughes Federal Credit Union; the minimum deposit is $99,000.
  • Five days ago, the Federal Reserve announced its fifth consecutive interest-rate hold as it waits for inflation to get more firmly under control.
  • The best CD rates have generally been inching lower for the past few months. But they’ll likely start falling faster once the Fed appears ready to make a rate cut.

Below you’ll find featured rates available from our partners, followed by details from our ranking of the best CDs available nationwide.

Open a New AccountAdvertiser Disclosure
MARCUS BY GOLDMAN SACHS14 months CDFDIC Insured
5.00% APYRate as of 03/26/2024
$500Min to Earn APY
LEARN MORE
View Details +
DISCOVER®12 months CDFDIC Insured
4.70% APYRate as of 03/26/2024
$2,500Min to Earn APY
LEARN MORE
View Details +
BARCLAYS6 months CDFDIC Insured
5.30% APYRate as of 03/26/2024
$0Min to Earn APY
LEARN MORE
View Details +
US BANK7 months CDFDIC Insured
4.75% APYRate as of 03/26/2024
$1,000Min to Earn APY
LEARN MORE
View Details +
DISCOVER®5 years CDFDIC Insured
3.75% APYRate as of 03/26/2024
$2,500Min to Earn APY
LEARN MORE
View Details +

Leading CD Rates Haven’t Budged for Several Days

The leading rates on standard 3-month to 5-year CDs haven’t changed since last Friday. The highest APY is still 5.55%, offered by Newtek Bank for a 6-month term. It requires a minimum deposit of $2,500. The second-best rate is 5.42%, for a 3-month term from TotalDirectBank.

The best short-term CDs are currently better than the best long-term CDs, as you can see from the chart below, but you can still lock in a decent rate for several years. You can get a 3-year CD at 5.00% APY from either DollarSavingsDirect or Transportation Federal Credit Union; each requires a $1,000 minimum deposit. Pelican State Credit Union still offers the best 4-year CD at 4.80%. Its minimum deposit is just $500, so it may be more attainable than some CDs with better rates.

You’ll find all of the banks mentioned above in our daily ranking of the best nationwide CDs.

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