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Top CD rates today, May 14, 2025

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  We've rounded up today's highest available CD rates, many of which are above 4%

The article from Fortune discusses the current state of CD (Certificate of Deposit) rates as of the latest update, highlighting that the highest rate available for a 1-year CD is 5.14% APY offered by CIBC Bank USA, while the top rate for a 5-year CD stands at 4.50% APY from Popular Direct. It notes a slight decrease in the highest rate for a 1-year CD from 5.15% APY the previous week, and emphasizes the importance of shopping around for the best rates due to variations among banks. The article also provides a list of the top rates for different CD terms, ranging from 6 months to 5 years, and advises readers to consider the trade-offs between higher rates and the flexibility of shorter terms, as well as the potential for rate changes in the future.

Read the Full Fortune Article at:
[ https://fortune.com/article/cd-rates-5-14-25/ ]