<ul><li>CD rates are currently up to 5.02%, but the longer the term, the more you earn.</li><li>For short-term goals, consider three-month CDs with rates around 4.67%.</li><li>Six-month CDs offer good yields, with the best rate at 4.94%.</li><li>One-year CDs have a high rate of 5.02%, making them popular choices.</li><li>Two-year CDs offer rates up to 4.52%, while three-year CDs are at 4.27%.</li><li>The highest rate for a five-year CD is 4.26%, with potential penalties for early withdrawal.</li><li>Jumbo CDs offer rates of 4.94% for six-month terms with a deposit minimum of $100,000.</li><li>Digital banks like Chase, Capital One, and Synchrony Bank may offer competitive rates.</li><li>Opening a CD requires a minimum deposit, and early withdrawals can incur penalties.</li><li>CDs provide security with FDIC and NCUA insurance, offering up to $250,000 in coverage.</li><li>CDs are ideal for stable savings, balancing riskier investments like stocks and bonds.</li><li>Federal agencies insure CDs, providing protection in case of bank or credit union failure.</li></ul>

CD Rates Today: May 28, 2025 – Rates Down

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