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[ Mon, May 26th 2025 ]: Fortune
Best CD rates today, May 26, 2025
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Sat, May 24, 2025

Best CD rates today, May 26, 2025

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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/ ]


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