"Record-High CD Rates and New High-Yield Options: Your Guide to Today's Top Money Market Accounts"

TL;DR Summary
CD rates in the U.S. are at their highest levels in over 16 years, with the top nationwide rates holding steady. Pelican State Credit Union offers the industry-leading rate of 5.90% APY on a 2-year certificate, while over two dozen other CDs are paying rates of 5.50% APY or better. The Federal Reserve's next meeting is in five weeks, and it remains uncertain whether interest rates will be raised or held steady. Longer-term options are available for those looking to secure rates of 5.00% or more. It is important to compare rates across different types of certificates before making a final decision.
- Top CDs Today: Record Rates Holding in Every Term Investopedia
- CD Rates Today: August 16 -- Earn 5.9% Over 24 Months GOBankingRates
- Today's top money market account rate roundup: August 16, 2023 USA TODAY
- Top CDs Today: Three New High-Yield Options and a Leading Rate of 5.90% Investopedia
- The 7% CD Has Arrived — Here's What You Need To Know GOBankingRates
- View Full Coverage on Google News
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