Top CD rates offered on shorter terms
The highest CD rate available is 4.15% APY, offered by Synchrony Bank on its 14-month CD.
This rate is among the best offers from online banks and credit unions.
Investing $1,000 in a one-year CD with 1.52% APY can yield $15.20 in interest, totaling $1,015.20.
A one-year CD with 4% APY can provide higher returns, depending on the APY and compounding frequency.