Best CD rates today, May 26, 2025

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Best CD rates today, May 26, 2025

//media-entertainment.news-articles.net/content/2025/05/26/best-cd-rates-today-may-26-2025.html

Published in Media and Entertainment on Monday, May 26th 2025 at 7:04 GMT by Fortune

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

The article from Fortune, published on May 26, discusses the current state of CD (Certificate of Deposit) rates, highlighting that the national average for a 12-month CD has risen to 1.72%, while high-yield savings accounts are averaging around 0.58%. It points out that some financial institutions are offering significantly higher rates, with the top 12-month CD rate reaching 5.25% APY. The article advises consumers to shop around for the best rates, as they can vary widely between banks and credit unions. It also mentions that while CDs offer higher interest rates than traditional savings accounts, they require the money to be locked in for a set term, which may not be suitable for everyone's financial needs.

Read the Full Fortune Article at:
[ https://fortune.com/article/cd-rates-5-26-25/ ]