When it comes to growing your savings, certificates of deposit (CDs) can be a great option. CDs are low-risk investment products offered by banks that typically offer higher interest rates than regular savings accounts. If you're looking to maximize your returns, consider opening a CD with one of these top banks:

Ally Bank: Known for its competitive rates, Ally Bank offers a variety of CD terms ranging from 3 months to 5 years.
Discover Bank: Discover Bank is another popular choice for high-yield CDs, with no minimum deposit required.
CIT Bank: CIT Bank offers a range of CD options, including a 13-month term CD with a competitive interest rate.
Synchrony Bank: Synchrony Bank is known for its high-yield savings products, including CDs with competitive rates.
Barclays: Barclays offers online CDs with competitive rates and no hidden fees.

Before opening a CD, be sure to compare rates and terms from different banks to find the best option for your savings goals. Keep in mind that CDs typically require you to lock in your funds for a specific term, so make sure you choose a term that aligns with your financial needs.

Top Banks Offering High Interest Rates on CDs