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6-month CDs now yield up to 4%, turning $5,000 into nearly $100 in interest.

Market News
26 Jun 2026
Fool - Investing News
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6-month certificates of deposit (CDs) currently offer annual percentage yields (APYs) ranging from the national average of 1.38% to as high as 4.00% at some online banks and credit unions. A $5,000 deposit at the top rate of 4.00% APY can earn about $99 in interest over six months, significantly more than the $34 earned at the national average rate. The Federal Reserve has kept rates steady recently, with projections suggesting possible hikes later in the year, so rates may hold for a while. Investors can also consider odd-term CDs, like 13-month terms, which sometimes offer higher rates but require longer commitments. Compared to high-yield savings accounts, CDs provide a fixed rate but less liquidity, making them suitable for those who can lock away funds for the term to earn guaranteed returns without market risk.

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