It’s not that hard to get a good CD rate these days, with all the online banks trying to outdo each other by making their offers look as attractive as possible. Just pick a few banks you think you might want to put your money in and check their APY for the highest CD rates.

The higher APY may not necessarily be the best option for you, depending on the terms and conditions. It could just be a temporary introductory fee that won’t last long, or you may have to pay unnecessary fees. Whatever the case, these are some of the best CD rates you’ll find online as 2019 draws to a close.

Marcus (by Goldman Sachs)

This is the online consumer bank of the famous Goldman Sachs. The funds are FDIC insured and the brand offers competitive rates. You don’t need a particularly high minimum deposit and the APY varies depending on the length of the term. Right now, get around 2.15% APY for a 5-year CD or 1.65% APY for a 13-month CD (no penalties).

There are a variety of CD and term options with this bank, and you can apply online or in person if there is an office near you. For 2 months up to 3 years, earn an APY of 1.50% (this rate is generally subject to change). Pay no maintenance fees and get 24/7 access to the status of your CDs online.

EAccess Inverters

Those who do not live in the New York / NJ areas can open an Investors Bank account online through “eAccess” and get the best CD rates. You can open an account with as little as $ 500 and get an APY rate of 1.80%. The money is FDIC insured up to $ 250,000. Keep your money in the account for as little as 6 months.

Wheelhouse

Next up is Wheelhouse Credit Union. If you want to open a CD account with a credit union, this is a great option. For a limited time, it offers up to 2.50% APY on accounts with an 11-month certificate and up to 2.75% APY on accounts with a 22-month certificate. However, to qualify for this promotion, you will need a minimum deposit of $ 1,000.

CIT Bank

CIT Bank is probably your best overall choice when it comes to maximum CD rates. While it doesn’t always offer the highest rates, it is a very reliable and safe place to deposit your money. If you have short-term goals of 6 to 18 months, you will need to make a deposit of more than $ 1,000. There are absolutely no surprise fees, and you will have daily compounding interest to maximize your earning potential. Everything is always FDIC insured.

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