Top 3-Year CDs Now Offering 5%+ Returns - But Come With Deposit Minimums and Early Withdrawal Fees

CD rates are high right now, with some 3-year CDs offering APYs over 5%.

Locking in a high rate for 3 years protects your returns if rates decline later.

Top 3-year CDs require minimum deposits of $500-$2,500 to open.

You'll pay early withdrawal penalties if accessing funds before maturity.

Opening a long-term CD now locks in a high rate for the next 3 years.