As the Federal Reserve raised rates throughout 2022 and into 2023, the high-rate environment led certificates of deposit (CDs) to be one of the most obvious and beneficial choices for earning more on ...

-0.40 percentage point (40 basis points). See methodology details Medians, or midpoints, consist of APYs of CDs or share certificates collected from the websites of the following 21 financial ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

If you want to boost your savings while keeping your financial portfolio safe, a brokered CD might be worth considering. A brokered CD is bought through a brokerage firm rather than a bank. It offers ...

The best short-term CD rates can help you reach your savings goals faster Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side.

A jumbo CD is the same as a standard CD, except that it pays a higher APY in exchange for a significantly larger opening deposit, typically around $100,000. Like standard CDs, jumbo CDs offer fixed ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with accurate ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Spencer Tierney is a consumer banking writer at NerdWallet. He has covered personal finance since 2013, with a focus on certificates of deposit and other banking-related topics. His work has been ...