Top 10 Best Certificate of Deposit (CD) Rates in 2021
Discover the top 10 highest-yielding CDs in 2021, featuring institutions like Ally, Marcus, and Sallie Mae. These options offer flexible terms, competitive rates, and low minimum deposits, making them ideal choices for secure, fixed-income investing. Whether you seek short-term or long-term growth, these leading banks and credit unions provide excellent opportunities. Explore options with unique features such as rate guarantees or flexible terms to maximize your savings potential. Find the best CD rates to grow your savings securely in 2021.
Top 10 Investment Options with the Highest CD Rates in 2021
Beyond traditional savings accounts, Certificates of Deposit (CDs) provide a secure way to grow your money through fixed interest. These deposits are locked in for a set term and typically cannot be accessed beforehand without penalties. Leading financial institutions offer competitive CD rates, and here are the top 10 options available in 2021.
Discover
Discover's high yield CDs come with flexible terms, no hidden fees, and attractive interest rates, making them ideal for short to medium-term savings.
Ally Bank
Known for its user-friendly mobile app, Ally Bank also offers some of the highest yields on CDs with low minimum deposits, making it accessible for many investors.
Quontic Bank
Quontic Bank offers CD options ranging from six months to five years, emphasizing quick, straightforward online service along with competitive rates.
Marcus by Goldman Sachs
Marcus provides a unique 10-day rate guarantee. If rates increase within this period, Marcus automatically upgrades your rate, maximizing your earnings.
Sallie Mae Bank
Offering competitive rates and a variety of term options, Sallie Mae Bank is suitable for building a CD ladder for higher yields.
TIAA Bank
TIAA’s straightforward online CDs feature no monthly fees, flexible terms, and impressive annual percentage yields (APYs).
Tab Bank
TAB Bank's portfolio includes eight different CD terms, each offering high yields (ranging from 0.50% to 0.85%).
For individual investors, competitive rates are available with a minimum deposit of $1,000.
Synchrony Bank
Synchrony offers unique CD terms like three or fifteen months and maintains strong yield offerings.
Comenity Direct
While it charges a monthly maintenance fee, Comenity Direct provides flexible term options for CDs.
Connexus Credit Union
Specializing in long-term CDs, Connexus Credit Union offers some of the highest yields for 48- to 60-month share CDs, with membership requirements for access.
