Current CD Rates, Dec. 2024: APYs Are Falling - NerdWallet

Dec 18, 2024 · The falling-rate environment is in full swing. The best CD rates have largely dropped from around 5% to 4% annual percentage yields for six-month through one-year …

5%
OFF

Current CD Rates, Dec. 2024: APYs Are Falling - NerdWallet

4 weeks from now

Dec 18, 2024 · The falling-rate environment is in full swing. The best CD rates have largely dropped from around 5% to 4% annual percentage yields for six-month through one-year …

nerdwallet.com

65%
OFF

Top CD Rates Today: December 31, 2024 - Bankrate

4 weeks from now

17 hours ago · Top CD rates today: December 31, 2024 | Ring in the new year with up to 4.65% APY ... (APYs) shown are as of December 31, 2024. APYs for some products may vary by …

bankrate.com

70%
OFF

CD APYs Stay High, But Could Drop Later This Month. Today's CD …

4 weeks from now

Today's CD Rates, Dec. 2, 2024 ... You can earn up to 4.70% APY with a CD. CD APYs have been falling all year, and may fall again in December if the Fed cuts rates. ... The current …

cnet.com

92%
OFF

High APYs May Not Be Around Much Longer Following Fed Rate …

4 weeks from now

Dec 19, 2024 · Since then, CD and savings rates have fallen faster. At the start of 2024, the average APY on a six-month CD was 4.92%, but following September's rate cut, it was down …

cnet.com

5%
OFF

5 Best Savings Accounts Of December 2024: Up To 5% - NerdWallet

4 weeks from now

Dec 19, 2024 · APYs shown are current as of Dec. 19, 2024. All other information is current as of Nov. 27, 2024. ... Saving in a high-yield account means you can still earn some of the best …

nerdwallet.com

5%
OFF

That 9.5% APY CD Is Still Available — And 8 More Of The Best CD …

4 weeks from now

Dec 18, 2024 · That 9.5% APY CD is still available — and 8 more of the best CD APYs of December 2024 Plus, 5 of the best rates for certificates of deposit that are easier to qualify for …

marketwatch.com

4%
OFF

High-Yield Savings APYs Still Over 4% Despite The Fed's Rate Cut …

4 weeks from now

*APYs as of Dec. 20, 2024, based on the banks we track at CNET. Weekly percentage increase/decrease from Dec. 9, 2024, to Dec. 16, 2024. **Varo offers 5% APY only on …

cnet.com

25%
OFF

Best CD Rates Today, December 31, 2024 (Lock In Up To 4.25% APY)

4 weeks from now

As of December 2024, the best short-term CDs (six to 12 months) generally offer rates around 4.00% to 4.50% APY. ... The trend of falling CD rates continued into the 2010s, especially …

yahoo.com

75%
OFF

Thought The Fed’s Cut Would Push CD Rates Down ... - Investopedia

4 weeks from now

Dec 21, 2024 · Top CD Rates Today, Dec. 23, 2024 - 10 Very Merry Offers Promise 4.75% or More Top CD Rates Today, Dec. 20, 2024 - Surprise Boost to 2- and 3-Year APYs Top CDs …

investopedia.com

70%
OFF

Now's The Time To Lock In A High APY. Today's CD Rates, Dec. 23, …

4 weeks from now

Dec 23, 2024 · Today's CD Rates, Dec. 23, 2024 ... You can earn up to 4.70% APY with today's best CDs. APYs have been falling for months, and they're likely to keep falling after the Fed's …

cnet.com

00%
OFF

Best CD Rates In New Jersey December 2024 - Newsweek

4 weeks from now

5 days ago · Best CD Rates in New Jersey December 2024. By . ... this month’s best long-term CD rates fall around 4.00% APY. Even though rates are usually lower when the term is longer, …

newsweek.com

65%
OFF

Top CD Rates Today: December 20, 2024 | Lock In Up To 4.65% APY

4 weeks from now

Dec 20, 2024 · The Fed’s recent December rate cut could spur further decreases in CD APYs. Prior to the September 2024 rate cut, the Fed had held rates steady since July 2023.

bankrate.com

92%
OFF

Don't Sleep On High APYs. Today's CD Rates, Dec. 12, 2024

4 weeks from now

Dec 12, 2024 · At the start of 2024, the average APY on a six-month CD was 4.92%, but following September's rate cut, it was down to 4.38%. This week, it's 4.14%. Here's where CD rates …

cnet.com

65%
OFF

12 Best CD Rates Of December 2024: Up To 4.65% - Forbes

4 weeks from now

Dec 20, 2024 · Compare the Best CD Rates of December 2024 ... for instance, expect CD yields to fall. CD Rates Today. TERM HIGHEST APY ... CD accounts with higher APYs rose to the …

forbes.com

27%
OFF

Best CD Rates Today, December 24, 2024 (Lock In Up To 4.27% APY)

4 weeks from now

As of December 2024, the best short-term CDs (six to 12 months) generally offer rates around 4.00% to 4.50% APY. Today, the highest CD rate 4.27% APY, offered by NexBank on its 1 …

yahoo.com

54%
OFF

Best CD Rates For January 2025: Up To 4.54% - NerdWallet

4 weeks from now

Check out the best CD rates today at top online banks and credit unions. The highest certificate of deposit rates are above 4%.

nerdwallet.com

FAQs about Current CD Rates, Dec. 2024: APYs Are Falling - NerdWallet Coupon?

What happened to CD apys before the September 2024 rate cut?

Prior to the September 2024 rate cut, the Fed had held rates steady since July 2023. Meanwhile, top CD APYs peaked in late 2023 and have since been decreasing gradually, as illustrated below. Here are some terms you’ll likely come across when choosing a CD. ...

When did CDs come out in 2024?

Dates of collection were Jan. 26, 2024, and Aug. 26, 2024. The trend of shorter-term CD rates being higher than longer-term CD rates continues, both for national averages and among high-yield CDs. While seeing CD rates around 4% can be nice, the term length is also important. ...

Why did CD rates rise in 2022 & 2023?

CD rates surged in 2022 and 2023 due to the Federal Reserve’s interest rate hikes aimed at curbing inflation. But rates plateaued in early 2024 as the Fed paused further increases. With the Fed lowering the federal funds rate since September 2024, CD rates are expected to decline for the rest of the year. ...

Will FED rate cuts affect CD apys?

As such, many banks increase their yields when the Fed raises rates, and they lower yields when the federal funds rate drops. The Fed’s recent December rate cut could spur further decreases in CD APYs. Prior to the September 2024 rate cut, the Fed had held rates steady since July 2023. ...

What is the APY rate in 2024?

Today's CD Rates, Dec. 12, 2024 The clock is ticking on APYs up to 4.70%. Kelly is an editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. ...

Why are CD rates dropping faster in 2024?

Online-only banks and credit unions continue to have the most competitive interest rates on certificates of deposit, but these high-yield CD rates are now dropping faster than they did during the first half of 2024 thanks to the Fed cutting the federal funds rate. See where rates are going in our CD rate forecast. ...