We may have lost a passing national leader earlier this week, but your list of opportunities to earn an elite CD rate is still going strong. A whopping 27 certifications in our daily ranking of the best CDs nationwide pay a Standard Leaders average of 5.50% APY — or more.
Still the highest rate today across all CD terms is 5.75% APY, available with a standard one-year certificate from MapleMark Bank.
- The number of Benchmark Leader CDs in our rankings – which pay at least 5.50% APY – were held today at 27. That’s up from 22 a week ago.
- Today’s highest rate for a locally available Certificate of Deposit (CD) is 5.75% APY for one year, or 5.76% APY for one year if you can manage a minimum deposit of $100,000.
- For anyone in the market for a jumbo CD, the 18-month lead rose today, to 5.65% from 5.58% APY.
- The longest you can lock in at a rate of at least 5.00% remains three years, at a rate of 5.13% APY, or four years at a rate of 5.12% APY if you can deposit at least $100,000.
- The Fed will not meet again on rates until mid-September, and it is currently uncertain whether it will raise interest rates again higher, or choose to keep them steady.
To help you earn as much as possible, here are the best CD prices available from our partners, followed by more information about the most profitable CDs available to US customers everywhere.
Jumbo CD shoppers have a new, higher-paying option in an 18-month period. You can now earn 5.65% APY on a 15-month supply in our Best Jumbo CDs ranking, up from yesterday’s leading rate of 5.58% APY.
For anyone who wants one of today’s standard rates for more than 2 years, you can get 5.13% APY from a credit union top ranking 3-year CD, or 5.00% from one of three bank CDs at the time. Or if you can manage a minimum deposit of $100,000, you can extend your term to four years with a jumbo APY certificate of 5.12%.
CD Shopper Tip
Do you think you need to hold on to a bank CD because joining a credit union is too much of a hassle? Think again. The credit unions that we include in our rankings are open to anyone nationwide and easy to join. Although some require a donation to an affiliated nonprofit organization, the amount required is generally modest, and some require no donation or cost at all. The process for opening an account with a credit union is also the same as opening an account with a new bank.