Top CD Rates Today: One 6% Leader and Four Runners-Up Paying 5.75%
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The top CD rate remains 6.00% APY on a 1-year term, with four other top contenders at 5.75% APY.
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There are now 46 CDs nationwide paying at least 5.50% APY, up from 30 just two weeks ago.
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The best 3-year CD rate available is 5.23% APY.
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The Fed is expected to hold rates steady at its next meeting but may hike again in November.
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Jumbo CD rates over $100k deposit can earn slightly higher returns in some terms.