High Interest Rates on 1-Year CDs Offer Attractive Returns

Top rate of 5.66% APY offered by CIBC Bank USA, with Lending Club and Popular Direct close behind at 5.55% APY.

Interest rates on 1-year CDs are currently high, with the top rate being offered by CIBC Bank USA at 5.66% APY.
Lending Club and Popular Direct are also offering competitive rates at 5.55% APY.
CDs offer a fixed rate of interest for the entire term, meaning that future rate drops won't affect earnings.
Short-term CDs are currently offering some of the highest rates available.
Strategies like CD laddering and the CD bullet strategy can help maximize earnings.