CIT Bank’s no-penalty CD has a competitive yield on an 11-month CD term. The tradeoff, though, is that it requires the highest minimum deposit of $1,000, which might be taxing for new savers.

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Even if the Fed holds rates steady this month, many still expect rate cuts later this year. That gives banks a reason to ...

Why a no-penalty CD is worth it for 2025. A no-penalty CD can still be valuable, on the other hand, for those savers who want to lock in a fixed return, even if they're not sure of their ability ...

If you renew your CD to any new CD with the bank, you can get a 0.05% interest rate boost on your new CD's rate. Marcus by Goldman Sachs: 4.25% APY Marcus' no-penalty CD earns 4.25% APY.

The best no-penalty CD rates range from around 3.00% to 4.00% APY. Below, we look at the best banks and credit unions for no-penalty CDs. Why you can trust Forbes Advisor ...

No-penalty CDs and savings accounts are low-risk investments that offer a safe way to grow your money while earning interest. Here's how to match your cash to the best savings strategy for you.

Header Cell - Column 0 . No-Penalty CD. Savings Account. Interest Rates. Fixed. Variable. Access to funds. You will need to wait seven days after opening the account to access funds.

A no-penalty CD has a fixed rate and term length like a standard CD, ... Sign Up. More like this. Certificates of Deposit. Banking. Best High-Yield Savings Accounts of June 2025: Up to 4.66%.

No-penalty CD yields can be greater than what savings accounts offer. The national average rate for savings accounts was only 0.41% in April 21, 2025, ...