CD Rates

1-Year CD Rates

Find the best CD rates for certificates of deposit with one-year term lengths. These accounts have higher interest rates than savings accounts without the risks of investing.

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Stocks

Before you invest in the stock market, there’s a lot to learn. Read expert advice on investing and discover how make your dollars go further. GOBankingRates can help you get started.

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Best CD Rates

Before sticking your money in a certificate of deposit that you can’t access for months or years, make sure you’re getting the best CD rate out there. GOBankingRates compares the best CDs in its rate tables.

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Investing

To grow your money over time, you can’t just save it; you need to invest it. Investing requires taking on some risk, which could lead to greater reward as well as loss. Learn the basics today.

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Finding the Best CD Rates

A certificate of deposit (CD) is a deposit account that works much like a savings account, with a few exceptions. In fact, taking advantage of current CD rates with a certificate of deposit account can help you grow your savings faster, while keeping funds safe and secure.

The best CD rates tend to be higher than savings rates in order to provide incentive for account holders to keep their money on deposit longer. While you can usually withdraw your money from a savings account whenever you want, certificates of deposit require you to agree to a fixed term – anywhere from six months to several years – during which you aren't supposed to withdraw your money. In return for agreeing to the term, you are rewarded with the best CD rates. Certificate of deposit rates can vary widely, from practically nothing at all to highly competitive. Learn more about how to choose the right CD to meet your financial goals.

Different certificate of deposit terms will be associated with different CD interest rates, so it's important to know what type of CD account suits you best before you begin to compare CD rates.

Generally, the most popular CD interest rates are 6-month CD rates, 12-month CD rates, 2-year CD rates and 5-year CD rates. The current CD rate on a 2-year CD will almost always be higher than that on a six-month CD. However, it’s important to note that the highest CD rates aren’t always the best interest rates on certificate of deposits. Additionally, if you have an exceptionally large amount of money you want to invest in a high interest CD, you may be able to take advantage of jumbo CD rates, which tend to be slightly higher than regular bank or credit union CD rates.

We developed our CD interest rates table, which collects the best CD interest rates from local, national and online financial institutions across the nation, making the best CD rates easy to find no matter where you live.