Currently, the best 1-year CD rates are some of the best rates you can get on CDs in general. The best CD rate for a 12-month CD term right now is 4.55% APY from Credit Human Federal Credit Union.
Early withdrawal penalties are expressed as a percentage of interest accrued on the CD. On shorter-term CDs, they’re often equal to three months’ interest. On longer-term CDs, they can exceed six ...