High APY lock before the Federal Reserve meeting this week. CDs prices today, January 28, 2025

Bad news: Inflation is declining. Good news: which gives savers more time to lock a high deposit price certificate.

The prices of CDs have decreased since the interest rates of the Federal Reserve in their last three meetings. But with inflation on the rise again, experts expect that the Federal Reserve will stop at its meeting this week. As a result, CD rates are likely to be fixed at the present time as well.

today Best CDs Earn up to 4.65 % annual percentage, or APY. By locking your APY now, you can make sure that your returns remain the same even when the Federal Reserve reduces its standard price again, probably in late spring or early summer.

Here are some of the highest prices for CDs and the amount that you can earn by depositing $ 5,000.

The best compressed disk rates today

condition	The highest APY*	Bank	Size profits
6 months	4.65 %	Federal Credit Union at the community level	114.93 dollars
1 year	4.45 %	Federal Credit Union at the community level	222.50 dollars
3 years	4.15 %	The First Credit Union, America	648.69 dollars
5 years	4.25 %	The First Credit Union, America	1,156.73 dollars

Experts recommend comparing rates before opening a CD account to get the best APY as possible. Enter your information below for the best CNET partners for your area.

What is the relationship of the Federal Reserve to CD rates?

APYS on CDs and Savings accounts It has been dropped since Reducing interest rates in the federal reserve In its last three meetings. But with The high inflation againExperts believe that the Federal Reserve will retain fixed rates at its meeting on January 29. The banks turn their bets by maintaining relatively pressing tablets at the present time, especially given the uncertainty about the policies of the new management.

Chad Olivier, the accredited financial plan and executive director of Olivier Group.

Olivier said that while the federal reserve is still expected to reduce prices later this year, “the markets, in some respects, are waiting to know what is happening with the new administration before they really interfere and become aggressive on low interest rates.”

By now high APY insurance, you can increase your savings to the maximum. Your APY is closed when you open a compressed disk, which means that your rate of return remains as it is regardless of where its standard price shines.

💰You can earn up to 5 % APY on the best high -return savings accounts. Payment Today’s rates.

How compressed tablets changed during the past week

condition	Last week CNET APY	Average CNET this week APY	Weekly change
6 months	4.11 %	4.10 %	-0.24 %
1 year	4.05 %	4.06 %	+0.25 %
3 years	3.53 %	3.54 %	+0.28 %
5 years	3.52 %	3.55 %	+0.85 %

How to choose the best compressed disk for you

APY is an important competitive, but it is not the only thing you should consider.

To find the right disk right for you, weigh these factors as well:

• When you need your money: Early withdrawal penalties On the CDs you can eat in your interest profits if you need your money before the time is over, so choose a logical time schedule. Instead, you can determine a A pressing disk does not regretAlthough APY may not be high as you will get a traditional compressed disk of the same term.
• Minimum deposit requirements: Some CDs require a minimum to open an account, usually between 500 to 1,000 dollars. Knowing the amount of money that must be set aside you can help you narrow your options.
• expenses: Maintenance and other fees can cut your savings. a lot Banks online Do not charge fees because they have less general costs than banks with material branches. Read the fine printing of any account you evaluate.
• Safety and Security: Check the bank or Credit Union You are thinking If the bank fails.
• Customer classifications and reviews: Visit sites like TrustPilot to find out what customers say about the bank. You want a bank that responds, professionally and easy to work with.

methodology

CNET reviews the compressed tablet prices based on the latest APY information from the exported web sites. We evaluated the compressed tablet rates from more than 50 banks, credit federations and financial companies. We evaluate the CDs based on APYS, product offers, access and customer service.

The current banks included in the average weekly CNET CREDIT Union, ALY Bank, American Express National Bank, Barclays, Bask Bank, BREAD SAVINGS, Capital One, CFG Bank, Cit, Fulbright and Marcus By Goldman SACHS, MySB Direct and Quontic , RISING Bank, Synchrony, Everbank, Popular Bank, First Internet Bank of Indiana, Unible First Federal Credit Union, Communitywide Feder CREDIT Union, Discover, Bethpage, BMO Alto, Limelight Ban K, First Bank of America Credit Union.

*APYS as of January 28, 2025, based on the banks we follow in CNET. The profits depend on APYS and the benefit is assumed to worsen annually.

** Weekly percentage increased/decrease from January 21, 2025, to January 27, 2025.

More on CDs