Cd Rates 2024 Citibank Calculator. Nerdwallet's cd calculator shows what you can earn with a certificate of deposit, a type of savings account that you leave untouched for months or years. The best cd rates above 5% apy at prominent online banks and credit unions have dried up, and promotional cd rates have dropped below that threshold too.

The best cd rates reached 5.25% in our report, which is more than four percentage points higher than the typical yield for a similar term. Your annual percentage yield (apy) can vary widely depending on the term you choose.