menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

CD Rates T...
source image

Forbes

1M

read

176

img
dot

Image Credit: Forbes

CD Rates Today: March 6, 2025 – Earn As Much As 5.06%

  • CD rates are currently at a peak of 5.06% depending on the term, with different maturities offering varying interest rates.
  • CDs provide fixed interest rates for a set duration, with higher yields than high-yield savings accounts.
  • Short-term, three-month CDs have an average rate of 1.3% and a top rate of 4.72%.
  • For six-month CDs, the best rate is 4.94% with an average APR of 1.79%.
  • The highest rate available for 12-month CDs is 5.02% with an average APY of 1.87%.
  • Two-year CDs offer rates as high as 4.52% with an average APY of 1.68%.
  • The best three-year CD rate is 4.65% with an average APY of 1.59%.
  • Five-year CDs have a top rate of 4.43% with average APY around 1.59%.
  • Jumbo CDs require significant minimum deposits, often starting at $100,000, with a current best rate of 4.94% for a 6-month term.
  • It is essential to understand withdrawal penalties before committing to a CD investment.

Read Full Article

like

10 Likes

For uninterrupted reading, download the app