CDs are an ideal option if you’d like to grow your money but don’t want to deal with fluctuations of the stock market.
We update our guide daily to find the best rates for CD terms ranging from 3 months to 5 years. If you are interested in no-penalty CDs or if you don’t have a lot of money to deposit, we’ve also included picks for these circumstances as well.
Best CD Rates of May 2023Alliant 3 Month Certificate – Product Name Only: Alliant 3 Month Certificate – APY APYBask Bank 6 Month CD – Product Name Only: Bask Bank 6 Month CD – APY APYBrioDirect 12 Month High-Yield CD – Product Name Only: BrioDirect 12 Month High-Yield CD – APY APYCFG Bank 18 Month CD – Product Name Only: CFG Bank 18 Month CD – APY APYSignature Federal Credit Union 2 Year Certificate – Product Name Only: Signature Federal Credit Union 2 Year Certificate – APY APYQFCU 3 Year Term Savings – Product Name Only: QFCU 3 Year Term Savings – APY APYFirst Internet Bank of Indiana 4 Year CD – Product Name Only: First…
This article was written by Sophia Acevedo, CEPF,Evelyn He and originally published on www.businessinsider.com