As we navigate the economic landscape in May, savers face a pivotal moment. With the Federal Reserve holding rates steady at 4.25% to 4.50% at the May meeting — market forecasters are projecting July will be the start of three rate reductions in 2025. This narrows the window to lock in a high-yield certificate of deposit (CD).
CD Valet’s APY Checkpoint is a strategic resource designed to help CD savers ensure their standard term CD rates are among the top performers in the market.
Understanding the APY Checkpoint
CD Valet’s APY Checkpoint serves as a benchmark, comparing current or prospective standard term CD rates against the top 10% of Annual Percentage Yields (APYs) available. By leveraging data from over 4,100 financial institutions, this resource provides a comprehensive view of the market, ensuring you’re not settling for subpar returns.
Are you earning the highest returns possible?
Use the APY Checkpoint to see how your rate compares to the best available options.
