Who is paying the highest interest rate on CDs?

The highest yield CDs currently offer Annual Percentage Yields (APYs) around 4.15% to 4.30% for shorter terms (6-12 months), with institutions like Climate First Bank, Genisys Credit Union, and Mountain America Credit Union leading the offers, but rates vary by term, deposit amount, and financial institution, so always check comparison sites like Investopedia, NerdWallet, and Bankrate for the most current rates. Look for special offers, credit union rates, and no-penalty CDs for potentially higher yields.

What bank has the highest CD rate right now?

As of early January 2026, top CD rates are around 4.1% to 4.2% APY, with Climate First Bank (4.27% no-penalty CD) and OMB Bank (4.25%) often leading, alongside credit unions like Veridian CU. ETRADE/Morgan Stanley* and Marcus by Goldman Sachs offer competitive rates (around 4.1-4.2% for shorter terms) with low minimums, while some banks like CIT Bank offer higher rates (around 5%) but might need larger deposits or specific terms. 

Where can I get 7% on a CD?

The hunt for CDs offering 7% APY

To open the certificate, you must deposit money that hasn't been stored in the credit union before, and put between $500 and $3,000 in the account. The Credit Union of Southern California offers the Credit Union of Southern California 7 Month Certificate, which gives 7.00% APY.

Are there any 6% CDs?

Are there really CDs offering 6% interest? There is one credit union paying 6% APY on a CD: Financial Partners Credit Union. You'll have to meet certain eligibility requirements to join each of this credit union, though.

Who has a 9.5% apy CD?

California Coast Credit Union is currently offering a 5-month CD with a rate of 9.50% annual percentage yield (APY).

What Bank Is Paying The Highest Interest Rate On A CD? - AssetsandOpportunity.org

How much does a $10,000 CD make in 6 months?

A $10,000 CD in 6 months earns roughly $200 to $290, depending on the Annual Percentage Yield (APY) you lock in, with top rates currently around 4% to over 5.7% APY. For example, at 4.65% APY, you'd earn about $232.50; at a higher 5.76% APY, you'd earn $288 in interest over six months. 

Where can I get 10% interest on my money?

To get 10% interest, you'll need to move beyond basic savings accounts into riskier investments like growth stocks, real estate, junk bonds, or private lending, as standard high-yield savings accounts typically offer much less (around 4-5%). Achieving 10% generally involves higher risk, but you can diversify across options like index funds, REITs, or even starting a business for potential returns, though actual results vary and aren't guaranteed. 

How much will a $100,000 CD make in one year?

A $100,000 CD can earn anywhere from around $4,000 to over $4,400 in a year, depending on the Annual Percentage Yield (APY) or interest rate; for example, at a competitive 4.4% APY, you'd earn $4,400, while a lower rate like 2% would yield $2,000, and large banks might offer as little as $30. 

Which bank gives 9.5% interest?

Unity Bank continues to offer 9.5% interest to senior citizens on a tenure of 1001 days. The customer can start the deposit with even ₹1,000. Monthly, quarterly, or cumulative payment of interest is available.

What is the smartest thing to do with a lump sum of money?

Making the Most of Your Lump Sum Payment

• Pay Off High-Interest Debt. ...
• Start an Emergency Fund. ...
• Begin Making Regular Contributions to an Investment. ...
• Invest in Yourself – Increase Your Earning Potential. ...
• Consider Seeking Guidance From a Licensed, Registered Investment Professional.

Are CD rates going down in 2025?

Alongside three Federal Reserve cuts to the federal funds rate in 2025, many financial institutions reduced their CD and savings rates.

Is it better to open a CD at a bank or credit union?

Higher interest rates

Credit unions typically offer higher CD rates compared to traditional banks. As of June 2024, CDs at credit unions had a 2.04% rate advantage over banks, leading to $9.5 billion in member benefits (America's Credit Union, 2024).

What replaced CDs?

CDs were largely replaced by digital music formats, first through MP3s and digital downloads (like iTunes), and then overwhelmingly by streaming services (Spotify, Apple Music), offering vast libraries on demand, making physical ownership less necessary for most people, though they still exist as niche products for collectors and audiophiles. 

Is it smart to put $100,000 in a CD?

The Bottom Line. A $100,000 CD can be a powerful, low-risk way to grow your savings—especially when rates are as high as they are in 2025. That said, CDs aren't the most flexible option. Once your money is in, it's generally locked up until the CD matures.

What is better than a CD?

Taxes. Treasuries can offer tax benefits that CDs do not. Income from Treasuries are exempt from state income taxes, whereas CDs are subject to both federal and state income taxes.

What does Dave Ramsey say about credit unions?

A lot of banks don't like credit unions and say they have an unfair advantage because of their nonprofit status. This really isn't true. Credit unions, with whatever “profits” are made, put that money right back into creating cheaper checking accounts, better interest rates on loans or higher interest rates on savings.

Which 5 banks have the highest rate of interest?

Best High-Yield Savings Account Rates for January 2026

• Climate First Bank – 4.21% APY.
• Openbank – 4.20% APY.
• Vio Bank – 4.16% APY.
• Ivy Bank – 4.10% APY.
• OMB Bank – 4.08% APY.
• MutualOne Bank – 4.07% APY.
• Jenius Bank – 4.05% APY.
• Bread Savings – 4.05% APY.

What banks are paying the highest interest right now?

Best online high-yield savings account rates

• Peak Bank — 4.20% APY, $100 minimum deposit.
• Openbank — 4.20% APY, $500 minimum deposit.
• Vio Bank — 4.16% APY, $100 minimum deposit.
• Jenius Bank — 4.05% APY, No minimum deposit.
• Bread Savings — 4.05% APY, $100 minimum deposit.
• LendingClub — 4.00% APY, No minimum deposit.

Can I live off the interest of $100,000?

If you only have $100,000, it is not likely you will be able to live off interest by itself. Even with a well-diversified portfolio and minimal living expenses, this amount is not high enough to provide for most people.

How much money do I need to invest to make $3,000 a month?

To make $3,000 a month ($36,000/year) from investments, you might need $300,000 to over $700,000, depending on your investment's annual return, with $300k potentially working at a 12% yield or $720k for reliable dividend aristocrats, or even needing significant capital like $250k down payment for property generating that cash flow after expenses. The required amount hinges on your investment's dividend yield (e.g., 4-10%) or interest rate, with higher yields needing less capital but often carrying more risk. 

What is the best time to buy a CD?

Generally, longer CD terms deliver higher interest rates. Interest rates fluctuate, however, and the best time to buy a CD is typically when interest rates are higher. If you anticipate rates dropping, locking in a higher rate for a longer-term CD can help stabilize your yield earnings over time.

What is the $27.40 rule?

The $27.40 Rule is a personal finance strategy to save $10,000 in one year by consistently setting aside $27.40 every single day ($27.40 x 365 days = $10,001). It's a simple way to reach a large financial goal by breaking it down into small, manageable daily habits, making saving feel less intimidating and more achievable by cutting small, unnecessary expenses like daily coffees or lunches.
 

How to turn $10,000 into $100,000 quickly?

To turn $10k into $100k fast, focus on high-growth active strategies like e-commerce, flipping, or starting an online business (courses, digital products), as traditional investing takes years; these methods demand significant time, skill, and risk, but offer quicker scaling by leveraging your work and capital for exponential growth, though get-rich-quick schemes are scams, and realistic timelines often involve years even with aggressive strategies. 

What is the safest investment with the highest return?

There's no single "safest investment with the highest return" because higher returns usually come with more risk; however, strong options balancing safety and yield include High-Yield Savings Accounts (HYSAs) and CDs for FDIC-insured stability, U.S. Treasuries & I-Bonds for inflation protection, and Investment-Grade Corporate Bonds or REITs (Real Estate Investment Trusts) for higher income potential with slightly more risk, alongside Dividend Stocks/ETFs for growth and income, all depending on your time horizon and risk tolerance.