As of January 12, 2026, leading online banks are still offering interest rates up to 5.00% APY, but these top APYs are ...

A CD is a specific type of savings account (known as a time deposit account) that comes with a fixed interest rate and a ...

Today's CDs are paying up to 4.27% APY. It's a good time to secure a strong return before yields decline further.

If saving more money is one of your financial goals for the new year, you're not alone. According to Fidelity, 44% of Americans share that goal. And for the second year in a row, more than half of ...

Certificates of deposit (CD) accounts are a popular investment vehicle, providing the safety of a savings account with increased returns. They require you to lock up your money for a certain period — ...

Emma Woodward is a personal finance writer with a passion for simplifying tricky financial concepts. She has covered loans, budgeting and credit cards for Bankrate, The Financial Diet, Finch, Gusto ...

Most CDs come with early withdrawal penalties that can wipe out some or all of your earnings. Financial emergencies and better opportunities can justify cashing in your CD early. Don't sleep on ...

Savers looking for signs about where certificate of deposit (CD) interest rates are going likely have an eye on May's scheduled Federal Reserve meeting, where the Fed could provide hints about its ...

Only one in five Americans has more emergency savings now than at the start of 2024, according to Bankrate’s most recent Emergency Savings Survey. If you’re one of those savers looking for ways to ...

Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, ...

Interest earned in a certificate of deposit is taxed as ordinary income. A CD’s interest is reportable when it’s credited to your account. It’s possible to minimize CD taxes within a retirement plan.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...