No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, September 23, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Best CD rates today, July 5, 2025 (best account provides 5.5% APY)

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 2 mins read
A A
Best CD rates today, July 5, 2025 (best account provides 5.5% APY)
Share on FacebookShare on TwitterShare on LInkedIn


Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2024, so now could be your last chance to lock in a competitive CD rate before rates fall further. CD rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD.

The following is a breakdown of CD rates today and where to find the best offers.

Generally, the best CD rates today are offered on shorter terms of around one year or less. Online banks and credit unions, in particular, offer the top CD rates.

As of July 5, 2025, the highest CD rate is 5.5% APY, offered by Gainbridge® on its 5-year CD. There is a $1000 minimum opening deposit required.

Here is a look at some of the best CD rates available today:

The amount of interest you can earn from a CD depends on the annual percentage rate (APY). This is a measure of your total earnings after one year when considering the base interest rate and how often interest compounds (CD interest typically compounds daily or monthly).

Say you invest $1,000 in a one-year CD with 1.81% APY, and interest compounds monthly. At the end of that year, your balance would grow to $1,018.25 — your initial $1,000 deposit, plus $18.25 in interest.

Now let’s say you choose a one-year CD that offers 4% APY instead. In this case, your balance would grow to $1,040.74 over the same period, which includes $40.74 in interest.

The more you deposit in a CD, the more you stand to earn. If we took our same example of a one-year CD at 4% APY, but deposit $10,000, your total balance when the CD matures would be $10,407.42, meaning you’d earn $407.42 in interest. ​​

Read more: What is a good CD rate?

When choosing a CD, the interest rate is usually top of mind. However, the rate isn’t the only factor you should consider. There are several types of CDs that offer different benefits, though you may need to accept a slightly lower interest rate in exchange for more flexibility. Here’s a look at some of the common types of CDs you can consider beyond traditional CDs:

Bump-up CD: This type of CD allows you to request a higher interest rate if your bank’s rates go up during the account’s term. However, you’re usually allowed to “bump up” your rate just once.

No-penalty CD: Also known as a liquid CD, type of CD gives you the option to withdraw your funds before maturity without paying a penalty.

Jumbo CD: These CDs require a higher minimum deposit (usually $100,000 or more), and often offer higher interest rate in return. In today’s CD rate environment, however, the difference between traditional and jumbo CD rates may not be much.

Brokered CD: As the name suggests, these CDs are purchased through a brokerage rather than directly from a bank. Brokered CDs can sometimes offer higher rates or more flexible terms, but they also carry more risk and might not be FDIC-insured.



Source link

Tags: AccountAPYJulyratestoday
ShareTweetShare
Previous Post

NSE vs BSE: How the two stock exchanges fared on financial parameters in FY25 – Exchange Dominance

Next Post

If Boeing Has An eVTOL, Then Why Joby? Wonders Jim Cramer

Related Posts

edit post
Many Western nations offer to assist treating patients from Gaza in West Bank

Many Western nations offer to assist treating patients from Gaza in West Bank

by TheAdviserMagazine
September 22, 2025
0

Dozens of Western nations called on Monday for the reopening of the medical corridor between Gaza and the Israeli-occupied West...

edit post
Asian stocks: Asian markets edge higher after Wall Street rally

Asian stocks: Asian markets edge higher after Wall Street rally

by TheAdviserMagazine
September 22, 2025
0

Asian stocks posted a modest gain at the open after Wall Street shares rallied to a new record, lifted by...

edit post
Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

by TheAdviserMagazine
September 22, 2025
0

Disney said Monday that Jimmy Kimmel’s late-night show will return to ABC on Tuesday, after suspending it last week amid...

edit post
Murdochs, burned on MySpace, seek return to social with TikTok

Murdochs, burned on MySpace, seek return to social with TikTok

by TheAdviserMagazine
September 22, 2025
0

A Fox Corp. investment in TikTok would give the Murdoch media empire a platform with 170 million US users to promote a...

edit post
Murdoch calls Trump’s Epstein suit ‘affront’ to free speech

Murdoch calls Trump’s Epstein suit ‘affront’ to free speech

by TheAdviserMagazine
September 22, 2025
0

Rupert Murdoch and News Corp. asked a US judge to throw out President Donald Trump’s $10 billion libel lawsuit over...

edit post
Retailers are snipping price tags and ditching discounts to keep up with tariffs

Retailers are snipping price tags and ditching discounts to keep up with tariffs

by TheAdviserMagazine
September 22, 2025
0

Ever since President Donald Trump’s sweeping Liberation Day tariff announcement in April, retailers have been chained to thinking and talking...

Next Post
edit post
If Boeing Has An eVTOL, Then Why Joby? Wonders Jim Cramer

If Boeing Has An eVTOL, Then Why Joby? Wonders Jim Cramer

edit post
Why UK [and US] Governments Are Never Dependent on Financial Markets

Why UK [and US] Governments Are Never Dependent on Financial Markets

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
Murdoch calls Trump’s Epstein suit ‘affront’ to free speech

Murdoch calls Trump’s Epstein suit ‘affront’ to free speech

0
edit post
Eastman Chemical’s (EMN) Innovation in Sustainability Boosts its Spot Among Safest High Dividend Stocks

Eastman Chemical’s (EMN) Innovation in Sustainability Boosts its Spot Among Safest High Dividend Stocks

0
edit post
Navan taking the IPO route to expand and achieve profitability

Navan taking the IPO route to expand and achieve profitability

0
edit post
Why The US May Return To Afghanistan

Why The US May Return To Afghanistan

0
edit post
US And UK Announce Partnership For New Crypto Regulatory Framework

US And UK Announce Partnership For New Crypto Regulatory Framework

0
edit post
8 Executor-Proof Steps That Make Settling an Estate Easier

8 Executor-Proof Steps That Make Settling an Estate Easier

0
edit post
US And UK Announce Partnership For New Crypto Regulatory Framework

US And UK Announce Partnership For New Crypto Regulatory Framework

September 23, 2025
edit post
Why The US May Return To Afghanistan

Why The US May Return To Afghanistan

September 23, 2025
edit post
Many Western nations offer to assist treating patients from Gaza in West Bank

Many Western nations offer to assist treating patients from Gaza in West Bank

September 22, 2025
edit post
Asian stocks: Asian markets edge higher after Wall Street rally

Asian stocks: Asian markets edge higher after Wall Street rally

September 22, 2025
edit post
Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

September 22, 2025
edit post
Avantis and Aster defy market downturn with impressive rallies

Avantis and Aster defy market downturn with impressive rallies

September 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • US And UK Announce Partnership For New Crypto Regulatory Framework
  • Why The US May Return To Afghanistan
  • Many Western nations offer to assist treating patients from Gaza in West Bank
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.