Best Certificates of Deposit Rates 2023: Top CD Rates Explained

Table of Contents Key Takeaways CD rates in 2023 range from 4.29% to 5.25% APY, depending on the term and financial institution. Short-term CDs, like 3-month and 6-month CDs, currently offer the highest rates, around 5% APY. Types of CDs include traditional, jumbo, no-penalty, bump-up, and brokered CDs. Factors like APY, minimum deposit requirements, and … Read more