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Key Takeaways
- You can earn up to 5.10 APY% with today’s best CDs.
- CD rates are falling fast since the Fed cut rates earlier this month.
- Opening a CD now allows you to lock in a high APY and protect your earnings from additional rate cuts.
Certificate of deposit rates remain high despite the recent Federal Reserve rate cut. However, they’ve been falling for months, and the pace has picked up since the Fed’s decision. That means now’s the time to open a CD and lock in a high annual percentage yield, or APY, before rates fall further.
Today’s best CDs offer APYs as high as 5.10% — more than double the national average for some terms. And your APY is…
