Top Savings and CD Rates Offer Lucrative Returns Amid Steady Fed Rates

With the Federal Reserve holding interest rates at a 23-year high, now is an opportune time to secure high APYs on CDs and savings accounts.

The highest nationwide CD rate is 6.00% APY on a 10-month certificate from Nuvision Credit Union.
Top high-yield savings accounts are offering up to 5.50% APY at digital banks like Betterment and Jenius Bank.
The Fed's decision to maintain rates gives savers a chance to lock in favorable rates before potential cuts later this year.
Long-term CDs, such as Credit Human's 23-month CD at 5.15% APY, provide stability against future rate declines.
Online banks and credit unions are leading the way with competitive rates, surpassing traditional banks.