Highest CD rate offered at 4.30% APY
A certificate of deposit (CD) allows savers to lock in a competitive rate on their savings.
The highest CD rate is 4.30% APY, offered by Synchrony Bank on its 16-month CD.
Investing $1,000 in a one-year CD with 1.52% APY yields $1,015.20, while a 4% APY CD yields $1,040.74.