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1. People also ask

   What is a CD rate?

   • A CD rate is an interest rate that shows what a bank or credit union will pay you for depositing your money with them for a certain time in a certificate of deposit (CD). For example, if the rate is 5.50% for a 1-year CD, the bank or credit union will pay you 5.50% in interest on your money for keeping it in the account, untouched, for 12 months.

   Best CD Rates for May 2024: Up to 5.65% - Investopedia

   www.investopedia.com/best-cd-rates-4770214

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   What are the top-yielding CD rates?

   • Bankrate’s list of top-yielding CD rates are much higher than today's national average yield of 1.77 percent for a one-year CD. Note: Annual percentage yields (APYs) shown were updated between May 8 and May 14. All other information is current as of May 13. Bankrate's editorial team validates this information regularly, typically biweekly.

   Best CD Rates For May 2024 - Up to 5.36% | Bankrate

   www.bankrate.com/banking/cds/cd-rates/

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   What banks offer CD early withdrawal penalties?

   • CD early withdrawal penalty: What to know. CD early withdrawal penalty calculator. Ally Bank CD rates. Bank of America® CD rates. Capital One CD rates. Chase CD rates. Citibank CD rates. Discover® Bank CD rates. Fidelity CD rates. Marcus CD rates. Synchrony Bank CD rates. Wells Fargo CD rates.

   13 Best CD Rates for May 8, 2024: Up to 5.27% - NerdWallet

   www.nerdwallet.com/best/banking/cd-rates

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   How much money can you make investing in a CD?

   • If you invest $10,000 in a CD for one year, you could earn $540—that's based on the best 1-year CD rate offered right now (5.40% APY). CD rates can change, so locking in a high interest rate today could guarantee you the maximum earnings, especially if CD rates drop by next year.

   Best CD Rates for May 2024: Up to 5.65% - Investopedia

   www.investopedia.com/best-cd-rates-4770214

   See all results for this question

2. Top Stories

   • 
     CBS News on MSN.com

     How much interest would a 6-month CD earn now?

     Interest rates are cyclical, meaning they will rise and fall. Locking in your six-month CD now may be a wise idea because "it's likely the last iteration in this interest rate cycle where you can lock in the rate levels that you are seeing today," says Willer. "I'd suspect in 6 months bank rates of return on CDs are lower."

     2 hours ago

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     Business Insider on MSN.com

     Best 6-Month CD Rates for May 2024 (Up to 5.51%)

     4 hours ago

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     Business Insider on MSN.com

     Fidelity CD Rates Today: A Wide Selection for Investors

     4 hours ago

   • 

     The Motley Fool

     Opening a CD at 5.15% APY Could Be Better for Your Money Than These Bank Sign-Up Bonuses

     23 hours ago

   • The Motley Fool

     Want to Beat the Best CD Rates (5.15% APY)? This Wealthfront Account Could Do It

     2 days ago

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3. www.bankrate.com › banking › cdsBest CD Rates For May 2024 - Up to 5.36% | Bankrate

   www.bankrate.com › banking › cds

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   1 day ago · Here are Bankrate's top picks for banks with the best CD rates. Popular Direct — 3 months - 5 years, 4.25% – 5.30% APY, $10,000 minimum deposit America First Credit Union — 3 months - 5 ...

4. www.nerdwallet.com › best › banking13 Best CD Rates for May 17, 2024: Up to 5.27% - NerdWallet

   www.nerdwallet.com › best › banking

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   4 days ago · Best for CD Rates. $500. Member FDIC. 1-year APY 4.50%You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. 3-year APY 4.40%You...

5. www.bankrate.com › banking › cdsTop CD rates today: May 17, 2024 - Bankrate

   www.bankrate.com › banking › cds

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   4 days ago · First Internet Bank of Indiana. 4.50%. 1.42%. $1,231. Note: Annual percentage yields (APYs) shown are as of May 17, 2024. APYs for some products may vary by region. N/A: Not available; Bankrate ...

6. Videos

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     Best CD Interest Rates 2024 | What is Certificate of Deposit - How To Get Best CD Return Brokered CD

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     Highest Bank CD Rates and Certificate of Deposit explained

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     What Are Brokered CDs? Should You Invest in One? Bank vs. Broker CD Pros and Cons

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7. www.forbes.com › advisor › bankingCD Rates Today: May 20, 2024—Earn 4.75% And Up - Forbes

   www.forbes.com › advisor › banking

   • Cached

   1 day ago · The best interest rates on CDs (certificates of deposit) currently top out at 5.40%, depending on the term. ... Best CD Rates Offered by Banks in May 2024. CD rates largely depend on a bank’s ...

8. www.forbes.com › advisor › bankingBest CD Rates Of May 2024: Up To 5.30% – Forbes Advisor

   www.forbes.com › advisor › banking

   • Cached

   • Bread Savings Certificate of Deposit: 4.15% to 5.35%
   • CommunityWide Federal Credit Union CW Certificate Account: 4.00% to 5.30%
   • Marcus by Goldman Sachs High-Yield Certificates of Deposit: 4.00% to 5.15%
   • EverBank Basic CD: 3.95% to 5.15%

9. www.bankrate.com › cds › current-cd-interest-ratesCurrent CD Rates For May 2024 | Bankrate

   www.bankrate.com › cds › current-cd-interest-rates

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   5 days ago · 1-year CD yield: 1.8 percent APY. 3-year CD yield: 1.39 percent APY. 5-year CD yield: 1.42 percent APY. The national average rate for one-year and five-year CDs started to increase in...

10. www.investopedia.com › best-cd-rates-4770214Best CD Rates for May 2024: Up to 5.65% - Investopedia

    www.investopedia.com › best-cd-rates-4770214

    • Cached

    1 day ago · The best CD rate from a nationally available institution is currently 5.65% APY, available from MutualOne Bank for 3 months. That's more than three times the FDIC's national average rate of 1.65%...