CD shoppers still 🎃have one ဣlast nationwide option to score a certificate paying over 6.00%. continues to wear the rate crown in our ranking of the best CD rates, offering 6.18% APY on a 1-year certificate.

There are also plenty of other record-rate options, even if they are under 🌱that top rate. Another 14 CDs pay🉐 at least 5.75% APY, with two CDs offering 5.80% APY: on a take-your-pick term of 12-17 months or for 18 months.

Below you'll find featured rates available from our partners, followed by details from our complete ranking of the best CDs available nationwide.

If you're looking for a nationwide CD paying a top rate of at least 5.75%, the longest term available is 18 months. But if you want to secure one of today's historically high rates for longer, you can lock in 澳洲幸运5官方开奖结果体彩网:5.60% APY for 2 years, o🧸r 5.50% APY for 3 years. Still not lon♎g enough? You can get a 4-year CD with a rate of 5.20% or a 5-year CD that pays 5.25% APY.

If you have enough to make a 澳洲幸运5官方开奖结果体彩网:jumbo deposit of at least $100,000, you could earn up to 5.85% APY on a 1-year CD, 5.77% 🌞on a 6-month CD, or 5.75% on an 18-mon✱th CD.

How High Will CD Rates Go This Year?

The Federal Reserve has been aggressively combating decades-high inflation since March of last year, raising the 澳洲幸运5官方开奖结果体彩网:federal funds rate with fast and furious hikes in 2022 and then more moderate increases in 2023. This has created historically favorable conditions for CD shoppers, as well as for anyone holding cash in a 澳洲幸运5官方开奖结果体彩网:high-yield savings or 澳洲幸运5官方开奖结果体彩网:money market account.

The Fed opted to 澳洲幸运5官方开奖结果体彩网:hold rates steady on Nov. 1, its second such move in a row. That maintains the central bank's benchmark rate at its highest level since 2001. But in his post-announcement press conference, Fed Chair 澳洲幸运5官方开奖结果体彩网:Jerome Powell made it clear that holding rate🌠s in place right now does not necessarily mean the committee 🎐is finished with increases.

"Inflation has moderated since the middle of last year and readings over the summer were quite favorable," Powell said. "But a few months of good data are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal."

The Fed chair also reiter✱ated what he has indicated in many past press conferences about the current announcement only represen♏ting a decision for today.

"We haven't made any decisions about future meetings," Powell said. "We're going meeting by meeting."

Multiple Fed board members have publicly spoken since the meeting, but 澳洲幸运5官方开奖结果体彩网:they have offered dif🎶fering perspectives on whether the committee is finished with rate hikes or may still implement another increase. While two members signaled that they believe the 澳洲幸运5官方开奖结果体彩网:fed funds rate has peaked and the question should shift to how long the Fed s✅hould keep rates where they are, two other committee members stated that they still see the possibility of anot🍸her hike.

As we always caution, trying to predict Fed rate moves is an unreliable exercise. For now, it seems CD rates will roughly stabilize at their elevated levels. But if it appears likely that the Fed will make another rate increase in December or January, we could still see CD rates inch a bit higher.

Rate Collection Methodology Disclosure

Every business day, Investopedia tracks the rate data of more than 200 banks and credit unions that offer CDs to customers nationwide and determines daily rankings of the top-paying certificates in every major term. To qualify for our lists, the institution must be federally insured (FDIC for banks, NCUA for credit unions), and the CD's minimum initial d𓃲eposit must n🅺ot exceed $25,000.

Banks must be available in at least 40 states. And while some credit unions require you to donate to a specific charity or association to become a member if you don't meet other eligibility criteria (e.g., you don't live in a certain area or work in a certain kind of job), we exclude credit unions whose donation requirement is $40 or more. For more about how we choose the best rates, 澳洲幸运5官方开奖结果体彩网:read our full methodology.