The best 1-year CD rates for November 2020
Summary List Placement The best 1-year CD rates for November 2020 Editor's rating (Out of 5) APY Opening deposit 4.62 0.65% $0 Ally Ally High Yield Certificate of Deposit 4.19 0.65% $500 Marcus by Goldman Sachs Marcus by Goldman Sachs High-Yield CD 4.06 0.60% $2,000 Synchrony Synchrony CD 3.89 0.65% $1,000 First Internet Bank of Indiana First Internet Bank of Indiana Certificate of Deposit 3.78 0.60% $2,500 Discover Discover CD 3.69 0.60% $1,500 Comenity Direct Comenity Direct Certificate of Deposit 3.63 0.75% $1,000 First National Bank of America First National Bank of America Certificate of Deposit 3.36 0.80% $2,500 Live Oak Bank Live Oak Bank Certificate of Deposit If you want to grow your money but keep it safe from the turbulence of the stock market, a certificate of deposit (CD) may be a good option . Right now, the best 1-year CD rates are at least 0.60%. You can snag a higher APY with longer CD terms, but 1-year CDs have their perks. You can renew a 1-year CD for a higher APY if rates are up in a year, whereas you could miss out on higher rates if you lock in an APY for longer with a 3-year or 5-year term.
The best 1-year CD rates for November 2020
Summary List Placement The best 1-year CD rates for November 2020 Editor's rating (Out of 5) APY Opening deposit 4.62 0.65% $0 Ally Ally High Yield Certificate of Deposit 4.19 0.65% $500 Marcus by Goldman Sachs Marcus by Goldman Sachs High-Yield CD 4.06 0.60% $2,000 Synchrony Synchrony CD 3.89 0.65% $1,000 First Internet Bank of Indiana First Internet Bank of Indiana Certificate of Deposit 3.78 0.60% $2,500 Discover Discover CD 3.69 0.60% $1,500 Comenity Direct Comenity Direct Certificate of Deposit 3.63 0.75% $1,000 First National Bank of America First National Bank of America Certificate of Deposit 3.36 0.80% $2,500 Live Oak Bank Live Oak Bank Certificate of Deposit If you want to grow your money but keep it safe from the turbulence of the stock market, a certificate of deposit (CD) may be a good option . Right now, the best 1-year CD rates are at least 0.60%. You can snag a higher APY with longer CD terms, but 1-year CDs have their perks. You can renew a 1-year CD for a higher APY if rates are up in a year, whereas you could miss out on higher rates if you lock in an APY for longer with a 3-year or 5-year term.