CD, Checking, and Savings Rates Today: Start Earning More Interest
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, and CD accounts to help you maximize your earnings.
You can earn up to 4.65% APY. Check out the best CD rates today, February 4, 2025
You can still earn a great return on a certificate of deposit, just don’t wait to deposit your money. As the Federal Reserve cut interest rates three times in 2024, average CD yields fell lower. They have stabilized in 2025 as the Fed has held off on more rate changes—for now.
The Fed Paused Rates. Here's What That Means for CD and Savings Account APYs
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks use to lend and borrow money. While the Fed's decision to change rates doesn't directly affect savings rates, changes in APYs typically follow. The changes can take several weeks or even months to take effect.
Top CD Rates Today: February 4 — Earn Up To 4.65% APY
Today’s featured pick is the 3-month CD account offered by Brilliant Bank. This account has an APY of 4.60%. With a required minimum opening deposit of $1,000, this CD is an excellent choice for those looking to grow their money securely.
You can earn up to 4.65% APY on the top CD rate this week
Certificates of deposit still offer one of the best ways to earn a high yield for a guaranteed term, just don’t wait as rates could fall further soon. The Federal Reserve has held its key rate steady since last September as inflation cools down,
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Current CD Account Interest Rates Of January 2025
you'd earn nearly $260 in interest when the CD matured. In times of less volatile interest rates, the longer the CD term, the higher the rate. During the Fed's hawkish monetary policy, ...
Did you know you can use CDs for your emergency fund? Here’s how (Part 2)
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