If you’re trying to snag a top rate on a 6-month CD, there are lots of good options to choose from.
If you’re looking for a simple way to grow your savings balance, there are lots of good options to consider right now. For starters, many are offering interest rates , so putting your money in that type of account can result in some big returns over time — especially compared to what you’d get with a .
But high-yield savings accounts aren’t your only option. are another great option to consider, as today’s high-rate environment has led to banks and credit unions offering on these accounts. That’s especially true for , which currently offer some of the best rates you can find on interest-bearing accounts.
And, 6-month CDs are no exception. By putting your money in a 6-month CD, you can lock in a rate that far surpasses what you can get on similar accounts — and because , you’ll earn that same rate for . And, there are lots of good options to choose from, starting with the CDs outlined below.
Explore the best CD rates available to you here.18 top 6-month CDs for December 2023
If your goal is to find the best 6-month CD rate available right now, it may be worth considering the following options:
West Town Bank & Trust – 5.88% APY: There is a $10,000 minimum opening deposit requirement with this CD; the early withdrawal fee is equal to three months of interest
TotalDirectBank — 5.76% APY: There is a $25,000 minimum opening deposit requirement with this CD; the early withdrawal fee is one month of interest
BluPeak Credit Union — 5.
