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Best CD rates today: May Day, May Day! Leading rates top 5% and higher on CD terms of 12+ months — May 1, 2024
Best CD rates for May 22, 2024. The best rates of return are found at FDIC-insured digital banks and online accounts, with the highest yields of up to 5.40% APY at NexBank on a 12-month term with ...
Capital One. Why it stands out: The Capital One CD Account offers annual percentage yields of 0.80% for a 60-month CD and 0.20% for a 12-month CD. Capital One also offers branch locations if you ...
Discover Financial Services. Discover Financial Services is an American financial services company that owns and operates Discover Bank, an online bank that offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards.
Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%).
CD rates strongly correlate with the key interest rate set by the Federal Reserve, the U.S.'s central bank. This Fed rate is the benchmark that affects rates on deposit accounts, loans, mortgages ...
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