After more bad news than good on CD rates over the past two weeks, it’s nice to announce that the leading nationwide rate has bumped back into 6% territory. Although six different CDs at or above that historic threshold had graced our rankings over the past two months, all had been pulled from the market, leaving our top nationally available return at 5.80% on Friday.
Today’s new industry leader comes from Securityplus Federal Credit Union, which is paying 6.00% APY on an 8-month term. But it’s a limited-time offer, advertised as available through Nov. 30. If you’re shopping for a longer term, you may prefer one of the runners-up: either a 13-month CD from Dow Credit Union offering 5.76% APY or the 18-month certificate from Seattle Bank that pays 5.80% APY. You can also earn 5.76% APY on a 6-month certificate from TotalDirectBank.
- The top nationwide CD rate jumped back up to 6.00% today, with an 8-month offer that’s available through Nov. 30.
- There are 11 additional offers in our daily ranking of the best CDs that pay at least 5.75%.
- The top Jumbo CDs currently pay 5.85% APY, available on a 1-year certificate from either State Bank of Texas or All In Credit Union.
- Based on encouraging inflation data released last week, markets anticipate the Fed to maintain interest rates rather than raise them, suggesting that CD rates may not climb any higher—and could actually start declining.
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 $50,000 or $100,000, you can stretch your rate in the 1-year term—earning 5.85% from two different contenders—and the 2-year term, with a top rate of 5.68% APY.
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. Additionally, 14% of readers said they would open a CD if they had an extra $10,000 to invest, which was just behind the 15% who said they’d put it in individual stocks.