Although we’ve lost five of the six CD offers paying 6.00% or more in the past few weeks, you can still earn 6.18% with the top-paying nationwide CD. Not only that, but we gained a contender today in the elite tier of CDs offering at least 5.75%, raising the number in that club to 16.
Bayer Heritage Federal Credit Union continues to wear the market-leading crown, with its 1-year certificate paying 6.18% APY. New today to our ranking of the top-paying nationwide CDs is Dow Credit Union, which unveiled a 13-month offer of 5.76% APY.
- The top nationwide CD rate remains 6.18% APY from Bayer Heritage Federal Credit Union.
- You can find 15 more offers in our daily ranking of the best CDs that pay at least 5.75%.
- The top rate on a jumbo CD is 5.85% on a 1-year certificate from All In Credit Union.
- Based on encouraging inflation data released yesterday, markets now anticipate that the Fed will maintain current interest rates rather than raise them, suggesting CD rates may not climb higher than current levels.
Below you’ll find featured rates available from our partners, followed by details from our complete ranking of the best CDs available nationwide.
If you’re looking for a nationwide CD paying a top rate of at least 5.75%, the longest term available is 18 months. But if you want to secure one of today’s historically high rates for longer, you can lock in 5.60% APY for 2 years, or 5.50% APY for 3 years. Still not long enough? You can get a 4-year CD with a rate of 5.20% or a 5-year CD that pays 5.25% APY.
If you have enough to make a jumbo deposit of at least $100,000, you can stretch your rate a bit in the 2-year term, earning 5.68% APY. Or in the 3-year term, you can lock up a rate of 5.52% APY for 30 months.
When asked if they were choosing more or less of certain investments during recent market events in November, 28% of Investopedia readers said they were choosing CDs. This is slightly down from what readers told us in October, when 29% of investors said they were choosing CDs over stocks. CDs and money market funds were at the top of their list, followed by government bonds, ETFs, and stocks. However, only 14% of readers said they would open a CD if they had an extra $10,000 to invest.