Forbes Advisor analyzed 458 certificates of deposit at 148 institutions to rank the best CD rates based on criteria such as APY, minimum deposit requirements, terms, and customer ratings.
The top accounts for various CD terms include Vanguard's one-month brokered CD offering 4.40% APY, Service Credit Union's six-month CD with 4.15% APY, and Consumers Credit Union's nine-month CD at 4.25% APY.
All winners of the best CD rates list received a five-star rating for their performance.
Forbes Advisor ensures unbiased ratings by using data-driven methodologies to evaluate financial products and companies, with editorial guidelines in place to maintain fairness and equality in ratings.