As of February 18, 2025, the weighted average interest rate for a 12-month CD was 1.80%, compared with 0.41% for a savings account and 0.64% for a money market account, according to the Federal ...

A certificate of deposit (CD), is a type of time-bound savings account that offers the opportunity to earn a higher rate of interest that’s guaranteed, based on a lump-sum deposit.

A certificate of deposit, or CD, is a type of bank account. It pays a fixed APY, which means you'll earn the same interest rate during the entire term. In other words, ...

With promotional 6- and 8-month CD terms currently available, customers in Boca Raton, Fla. are eligible for Ocean Bank’s highest available CD rate for a 6-month term at 4.80% APY. There is a $2,500 ...

Certificate of deposit rates. Interest rates for CDs vary depending on the financial institution. Meanwhile, the real rate of return earned on a given investment, or APY, ...

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.

A certificate of deposit (CD) is a savings product that earns interest on a lump-sum deposit that’s untouched for a predetermined period of time.

Learn more On average, short-term, 6-month certificate of deposit yields are down 29 basis points in the past year to just 1.52% APY, according to the latest government data. But banks and credit ...

That said, banks and credit unions offering the best available yields for 3-year maturity terms are promising more than three ...