What state has the highest CD rates?

CD Rates, from State to State As of July 2018, the highest average CD rate in the country for a 12-month CD is in Alaska, where depositors can find a 1.99% APY. One of the next highest current CD rates in the country is a 1.53% APY in Vermont for a 12-month CD.

Are CD rates going up in 2022?

Interest rates are unlikely to go up much for at least another year due to the fact that the Federal Reserve has pledged to keep rates low through the end of 2022. But rates could still creep upward slightly at any time, so you’ll need to be careful about not locking yourself into too long a CD right now.

Which banks offer the highest CD rates?

First Internet Bank

  • Marcus by Goldman Sachs GS -1.3%
  • Presidential Bank
  • Sallie Mae Bank
  • Ally Bank
  • Synchrony
  • 2.5%
  • TIAA Bank
  • Barclays
  • VirtualBank
  • What is the best CD rate?

    Summary of Best CD Rates for March 2021 TIAA Bank Basic CD. NerdWallet’s ratings are determined by our editorial team. Consumers Credit Union CD. NerdWallet’s ratings are determined by our editorial team. Alliant Credit Union CD. Discover Bank CD. Comenity Direct CD. TAB Bank CD. Synchrony Bank CD. Ally Bank High Yield CD. Connexus Credit Union CD. Marcus by Goldman Sachs High-Yield CD.

    What is the best CD rate for 12 months?

    6 Responses to “The Best 12 Month CD Rates of 2019” Synchrony Bank tops our interest rate list with a 2.80% APY for a 12 month CD. Pure Point is paying 2.8% for 12 month cd $10,000 minimum PenFed offers 2.80% (1-year). Discover has 2.60 APY as I got a card in the mail today. My “CD Ladder” has become as level as a balancing beam.

    What is United Bank CD rate?

    People’s United Bank CD Rates. CDs are a certificate issued by a bank to a person depositing money for a specified length of time and usually the longer of a term is, the higher APY rate you make. However, People’s United is offering a 2.00% for the 6-month term only and has pretty low rates for the other term lengths. With as little as $2,500,…