{"id":658,"date":"2023-12-23T00:49:29","date_gmt":"2023-12-23T07:49:29","guid":{"rendered":"https:\/\/cbs26.com\/index.php\/2023\/12\/23\/20-cds-offering-rates-of-5-50-or-more-in-december-2023\/"},"modified":"2023-12-23T00:49:29","modified_gmt":"2023-12-23T07:49:29","slug":"20-cds-offering-rates-of-5-50-or-more-in-december-2023","status":"publish","type":"post","link":"https:\/\/cbs26.com\/index.php\/2023\/12\/23\/20-cds-offering-rates-of-5-50-or-more-in-december-2023\/","title":{"rendered":"20 CDs offering rates of 5.50% or more in December 2023"},"content":{"rendered":"<div>\n<article id=\"article-0\" data-index=\"0\" data-path=\"\/news\/cds-offering-rates-of-5-50-or-more-in-december-2023\/\">\n<div id=\"article-header\" data-sort-time=\"1703004741000\" data-update-time=\"1703004741000\">\n<header>\n<p>                                                                                                        We may perhaps per chance furthermore win commissions from some links to products on this web page. Promotions are field to availability and retailer phrases.                      <\/p>\n<p>        <a href=\"https:\/\/www.cbsnews.com\/moneywatch-managing-your-money?ftag=CNM-16-10abg0d\" data-invalid-url-rewritten-http>                                        MoneyWatch: Managing Your Money          <\/a>      <\/p>\n<div>\n<p><a href=\"http:\/\/www.cbsnews.com\/moneywatch\">            <img decoding=\"async\" width=\"60\" height=\"60\" alt=\"moneywatch\" src=\"http:\/\/www.cbsnews.com\/assets\/show\/moneywatch\/logo-square-32.svg\" loading=\"lazy\"><\/a><\/p>\n<p>                                                By Angelica Leicht          <\/p>\n<p>          <time datetime=\"2023-12-19T11:52:21-0500\">December 19, 2023 \/ 11:52 AM EST<\/time>          \/ CBS Data        <\/p>\n<\/p><\/div>\n<\/header>\n<\/div>\n<section>\n<figure><span><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2023\/12\/19\/b987c20c-954f-49ed-921e-83ea2e675da1\/thumbnail\/620x413\/dea4433b5cfb5a8ff6e4839b9a4e9f25\/gettyimages-1320011183.jpg?v=5382e209c94ee904b3a96a69f8ca0ce0#\" alt=\"finance Banknote and a tree rising up The thought that of deny and development in finance and enterprise \" height=\"413\" width=\"620\" data-srcset=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2023\/12\/19\/b987c20c-954f-49ed-921e-83ea2e675da1\/thumbnail\/620x413\/dea4433b5cfb5a8ff6e4839b9a4e9f25\/gettyimages-1320011183.jpg?v=5382e209c94ee904b3a96a69f8ca0ce0 1x, https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2023\/12\/19\/b987c20c-954f-49ed-921e-83ea2e675da1\/thumbnail\/1240x826\/ce11adb36d20159e5c4a0c5147fbb7de\/gettyimages-1320011183.jpg?v=5382e209c94ee904b3a96a69f8ca0ce0 2x\"><\/span><figcaption><span>You create not must resolve for a low rate on a CD; there are many appropriate suggestions for rising your money.<\/span>                          <span>                                                                                                                SARAYUT\/Getty Shots                          <\/span>              <\/figcaption><\/figure>\n<p>This day&#8217;s excessive-rate atmosphere will most likely be placing strain on debtors&#8217; wallets, however it be also offering <span><a href=\"https:\/\/www.cbsnews.com\/news\/expert-tips-for-maximizing-your-savings-today\/\" target=\"_blank\" data-invalid-url-rewritten-http rel=\"noopener\">gigantic advantages to savers<\/a><\/span>. To illustrate, handsome now, it be easy to compose gigantic returns for your money merely by placing it into the handsome story, thanks in mountainous part to the <span><a href=\"https:\/\/www.cbsnews.com\/news\/federal-reserve-hikes-interest-rate-to-22-year-high-july-2023\/\" target=\"_blank\" data-invalid-url-rewritten-http rel=\"noopener\">Federal Reserve&#8217;s rate hikes<\/a><\/span>    over the closing 18 months.<\/p>\n<p>While <span><a href=\"https:\/\/www.cbsnews.com\/news\/high-yield-savings-account\/\" target=\"_blank\" data-invalid-url-rewritten-http rel=\"noopener\">excessive-yield savings accounts<\/a><\/span>    will most likely be what comes to tips ought to you suspect about curiosity-bearing accounts, create not miss out on what <span><a href=\"https:\/\/www.cbsnews.com\/news\/whats-a-certificate-of-deposit-cd\/\" target=\"_blank\" data-invalid-url-rewritten-http rel=\"noopener\">certificates of deposit (CDs<\/a><\/span>) can provide to you. No longer most productive attain CDs provide some of <span><a href=\"https:\/\/www.cbsnews.com\/news\/what-are-todays-cd-interest-rates\/\" target=\"_blank\" data-invalid-url-rewritten-http rel=\"noopener\">the correct rates<\/a><\/span>    available handsome now, however ought to you build your money in this form of story, you are locking within the curiosity rate for <span><a href=\"https:\/\/www.cbsnews.com\/news\/cd-terms-everything-to-know\/\" target=\"_blank\" data-invalid-url-rewritten-http rel=\"noopener\">the plump CD term<\/a><\/span>.<\/p>\n<p>Selecting an story with <span><a href=\"https:\/\/www.cbsnews.com\/news\/fixed-vs-variable-interest-rate-which-is-better-for-your-savings-now\/\" target=\"_blank\" data-invalid-url-rewritten-http rel=\"noopener\">a mounted curiosity rate<\/a><\/span>    in overall is a easy transfer in unsure rate environments &mdash; delight in the one we&#8217;re experiencing now. Finally, mounted rates don&#8217;t appear to be impacted by rate drops all the contrivance in which thru the CD&#8217;s term, which, in turn, protects your earnings. But to receive primarily the most from your CD, it be distinguished to explore one with a top rate and requirements that match within your financial listing, to be succesful to well perhaps furthermore are seeking to inaugurate with the suggestions outlined under.<\/p>\n<p><a href=\"https:\/\/clicks.trx-hub.com\/xid\/cbsint_a10ef_cbsnews?q=https%3A%2F%2Fwww.gobankingrates.com%2Fbest-banks-this-month-1843369%2F%3Futm_source%3Dcbs-moneywatch%26utm_campaign%3Dsem%26utm_medium%3Dcpc%26costid%3D847%26vendor_click_id%3D%26pub_inventory%3Dcds-offering-rates-of-5-50-or-more-in-december-2023&amp;p=https%3A%2F%2Fwww.cbsnews.com%2Fnews%2Fcds-offering-rates-of-5-50-or-more-in-december-2023%2F&amp;event_type=click&amp;article_id=c990664c-6cc4-4ae5-874e-32b654a5159a\" target=\"_blank\" rel=\"noopener\">Compare the conclude CD rates available to you right here<\/a>.<\/p>\n<h2><strong>20 CDs offering rates of 5.50% or more in December 2023<\/strong><\/h2>\n<p>While you are searching to receive a straightforward manner to develop your funds, the next CDs provide some of the vital correct rates available handsome now:<\/p>\n<ul>\n<li><strong>West Town Financial institution &amp; Have faith 6-month CD &ndash; 5.88% APY:<\/strong> $10,000 minimal opening deposit requirement; early withdrawal rate is linked to three months of curiosity<\/li>\n<li><strong>TotalDirectBank 6-month CD &mdash; 5.76% APY:<\/strong> $25,000 minimal opening deposit requirement; early withdrawal rate is linked to 1 month of curiosity<\/li>\n<li><strong>Limelight 1-year CD &mdash; 5.75% APY: <\/strong>$1,000 minimal opening deposit requirement; early withdrawal rate is linked to 90 days of curiosity<\/li>\n<li><strong>BluPeak Credit Union 6-month CD &mdash; 5.75% APY: <\/strong>$250 minimal opening deposit requirement; early withdrawal rate is linked to three months of curiosity<\/li>\n<li><strong>INOVA Federal Credit Union 6-month CD &mdash; 5.75% APY:<\/strong> $200 minimal opening deposit requirement; early withdrawal rate is linked to three months of curiosity<\/li>\n<li><strong>Neatly-liked Roar 1-year CD &mdash; 5.67% APY:<\/strong> $10,000 minimal opening deposit requirement; early withdrawal rate is linked to 270 days of easy curiosity<\/li>\n<li><strong>CIBC Financial institution USA 1-year CD &mdash; 5.66% APY:<\/strong> $1,000 minimal opening deposit requirement; early withdrawal rate is linked to 30 days of curiosity<\/li>\n<li><strong>TotalDirectBank 3-month CD &mdash; 5.66% APY:<\/strong> $25,000 minimal opening deposit requirement; early withdrawal penalty is linked to 1 month of curiosity<\/li>\n<li><strong>Dow Credit Union 3-month CD &mdash; 5.65% APY:<\/strong> $500 minimal opening deposit requirement; early withdrawal penalty is linked to three months of curiosity<\/li>\n<li><strong>Financial Sources Federal Credit Union 6-month CD &mdash; 5.64% APY: <\/strong>$500 minimal opening deposit requirement; early withdrawal penalty is linked to 6 months of curiosity<\/li>\n<li><strong>BECU 3-month CD &ndash; 5.60% APY:<\/strong> $500 minimal opening deposit requirement; early withdrawal penalty is linked to 1 month of curiosity<\/li>\n<li><strong>Signature Federal Credit Union 3-month CD &mdash; 5.55% APY: <\/strong>$500 minimal opening deposit requirement; early withdrawal penalty is linked to 1 month of curiosity<\/li>\n<li><strong>Bask Financial institution 6-month CD &mdash; 5.55% APY:<\/strong> $1,000 minimal opening deposit requirement with this CD; early withdrawal penalty is linked to 90 days of curiosity<\/li>\n<li><strong>Neatly-liked Roar 6-month CD &mdash; 5.55% APY:<\/strong> $10,000 minimal opening deposit requirement; early withdrawal penalties observe<\/li>\n<li><strong>Charles Schwab 3-month CD &mdash; 5.51% APY:<\/strong> $1,000 minimal opening deposit requirement; no early withdrawal penalty on this CD<\/li>\n<li><strong>Merrick Financial institution 3-month CD &mdash; 5.50% APY:<\/strong> $25,000 minimal opening deposit requirement; early withdrawal penalty is linked to three months of curiosity<\/li>\n<li><strong>BMO Alto 6-month CD &mdash; 5.50% APY:<\/strong> No minimal opening deposit requirement; early withdrawal penalty is linked to 90 days of curiosity<\/li>\n<li><strong>Boeing Staff Credit Union 3-month CD &mdash; 5.60% APY: <\/strong>$500 minimal opening deposit requirement; early withdrawal penalty is linked to 1 month of curiosity<\/li>\n<li><strong>Staff Credit Union 3-month CD &mdash; 5.50% APY: <\/strong>$500 minimal opening deposit requirement; early withdrawal rate is linked to 50% of the curiosity that can were earned<\/li>\n<li><strong>Staff Credit Union 3-year CD &mdash; 5.50% APY:<\/strong> $500 minimal opening deposit requirement; early withdrawal rate is linked to 50% of the curiosity that can were earned<\/li>\n<\/ul>\n<p><a href=\"https:\/\/clicks.trx-hub.com\/xid\/cbsint_a10ef_cbsnews?q=https%3A%2F%2Fwww.gobankingrates.com%2Fbest-banks-this-month-1843369%2F%3Futm_source%3Dcbs-moneywatch%26utm_campaign%3Dsem%26utm_medium%3Dcpc%26costid%3D847%26vendor_click_id%3D%26pub_inventory%3Dcds-offering-rates-of-5-50-or-more-in-december-2023&amp;p=https%3A%2F%2Fwww.cbsnews.com%2Fnews%2Fcds-offering-rates-of-5-50-or-more-in-december-2023%2F&amp;event_type=click&amp;article_id=c990664c-6cc4-4ae5-874e-32b654a5159a\" target=\"_blank\" rel=\"noopener\">Learn more about the conclude CD suggestions on-line right here<\/a>.<\/p>\n<h2><strong>The underside line<\/strong><\/h2>\n<p>In this present day&#8217;s excessive-rate atmosphere, that you can well perhaps furthermore have loads of opportunities to maximise the returns for your CD accounts. And, reaching your savings goals will most likely be even less complicated whenever you happen to in deciding some of the CDs outlined above, given the excessive rates they present. The one gigantic caveat is that nearly all CDs require you to leave your money deposited within the story for the plump CD term; in some other case, that you can well perhaps furthermore discontinue up paying hefty <span><a href=\"https:\/\/www.cbsnews.com\/news\/cd-early-withdrawal-penalties-what-to-know\/\" target=\"_blank\" data-invalid-url-rewritten-http rel=\"noopener\">early withdrawal costs<\/a><\/span>. For this reason it be distinguished to completely weigh your suggestions and receive a CD that works perfect for your financial goals.<\/p>\n<div>\n<p><a href=\"https:\/\/www.cbsnews.com\/search\/author\/angelica-leicht\/\" data-invalid-url-rewritten-http>Angelica Light<\/a><\/p>\n<div>\n<p>Angelica Leicht is senior editor for CBS&#8217; Moneywatch: Managing Your Money, where she writes and edits articles on a unfold of private finance issues. Angelica beforehand held enhancing roles at Bankrate, HousingWire and diverse financial publications.<\/p>\n<\/p><\/div>\n<\/div>\n<\/section>\n<div id=\"soft-login-gate\" data-soft-login-gate-options=\"{\" url data-smart-banner-options=\"{\" cookiename data-component=\"[\" soft-login-gate>\n<p>Thanks for reading CBS NEWS. <\/p>\n<p>Create your free story or log in <br \/> for more functions.<\/p>\n<form method=\"post\" id=\"soft-login-gate__form\">\n<div>\n<p>                                                                Please enter email address to proceed            <\/p>\n<p>                                                                Please enter true email address to proceed            <\/p>\n<\/p><\/div>\n<\/p><\/form>\n<\/div>\n<\/article>\n<\/div>\n<p><a href=\"https:\/\/www.cbsnews.com\/news\/cds-offering-rates-of-5-50-or-more-in-december-2023\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We may perhaps per chance furthermore win commissions from some links to products on this&#8230;<\/p>\n","protected":false},"author":1,"featured_media":659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138,139],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - 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