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Travel & leisure industry

Top CD rates today, April 17, 2025

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
We've rounded up today's highest available CD rates, many of which are above 4% APY.
The article from Fortune, published on April 17, discusses the current state of CD (Certificate of Deposit) rates, highlighting that the average rate for a 1-year CD has reached 1.47%, the highest since 2008, driven by the Federal Reserve's interest rate hikes aimed at combating inflation. It notes that while the national average remains low, some online banks and credit unions are offering rates as high as 5% APY for certain terms, making it an attractive time for savers to lock in higher yields. The piece also provides a list of the top-yielding CDs across various terms, from 3 months to 5 years, and advises consumers to compare rates and consider the trade-offs between higher rates and longer lock-in periods, especially in light of potential future rate changes.

Read the Full Fortune Article at:
[ https://fortune.com/article/cd-rates-4-17-25/ ]