The good news train keeps delivering for CD shoppers, especially if you can stretch to a mini-sized jumbo deposit. Two new jumbo CDs requiring a lower $50,000 deposit were unveiled today at a near-record rate of 5.80% APY, both from Finworth and offering a term as long as 18 months.
We also welcome another entry to our elite tier of standard CDs paying at least 5.50% APY, giving you almost 40 options in that group. The highest nationwide rate on a standard CD continues to be 5.75% APY, offered by three different institutions: BluPeak Credit Union for 9 months, Abound Credit Union for 10 months, and MapleMark Bank for 12 months.
- Our list of CDs paying at least 5.50% APY climbed to 39 today, up from 15 at the start of August.
- The leading rate among the best nationwide CDs is still 5.75%, available on three different options ranging from terms of nine to 12 months.
- If you can manage a jumbo CD deposit of at least $100,000, the highest nationwide CD rate is 5.85% APY, or 5.80% APY with a $50,000 deposit.
- It’s still possible CD rates could go even higher this year, as the Fed could raise its benchmark interest rate again if inflation does not cool down enough in the coming months.
To help you earn as much as possible, here are the top CD rates available from our partners, followed by more information on the best-paying CDs that are available to U.S. customers everywhere.
Looking to secure one of today’s record rates for longer than two years? You can score 5.13% APY from the leader of our best 3-year CDs ranking, or 5.00% from one of four other contenders in that term.
If you can swing a jumbo-sized deposit, you can lock in the highest nationwide rate across all terms and all CD types. One American Bank is paying 5.85% APY with a deposit of at least $100,000—but the term is a little under six months. If you want a longer term, you can stretch to four years with a 5.12% APY jumbo certificate.