Which CD term is best this April? Here are the ones to consider now.

MoneyWatch: Managing Your Money Which CD term is best this April? Here are the ones to consider now. We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Read Full Bio Matt Richardson April 9, 2026 / 3:11 PM EDT / CBS News Add CBS News on Google There are multiple viable CD account options for savers to consider this April. CATHERINE LANE/Catherine Lane/Getty Images After the Federal Reserve issued three interest rate cuts in the final four months of 2024, savers could be forgiven for assuming that the high-interest-earning era for select savings accounts was coming to an end. And after the Fed issued another three cuts in the final months of 2025, that assumption grew even stronger. But the early months of 2026 have left many unsure about this trajectory.The Federal Reserve paused interest rate cuts in the first two meetings of the year and is widely expected to continue to hold there for the foreseeable future. This has essentially left borrowing costs elevated and maintained the status quo for savers, many of whom can still secure competitive returns with select certificate of deposit (CD) accounts. That said, not every CD term is worth considering now, especially if the goal is to maintain a baseline of flexibility (long-term CDs that mature in 18 months or longer won't offer that option). But if savers want to earn a competitive rate and prefer not to lock their money away for an extended period, there are still viable, lucrative accounts worth pursuing this April. So, which CD term is best this month? Below, we'll...