Best CD rates by term Historically, longer-term CDs pay higher rates. For example, according to data from the Federal Deposit Insurance Corporation (FDIC), six-month CDs averaged 0.78% in 2009 ...

Compare multiple financial institutions to find the best six-month CD rates for your short-term financial goals or to build a long-term CD ladder.

Here's what you need to know about CDs and high-yield savings accounts so you can pick the one that's right for your money.