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Fortune
Fortune
Trina Paul

You might want to grab this 1-year CD from Quontic Bank yielding 5.3%

Photo illustration of a gold number balloons that spell out "5.30%" attached to a wooden block with the Quontic Bank "Q" icon. (Credit: Photo illustration by Fortune; Original photos by Getty Images (2); Original logo by Quontic Bank)

As the Fed raises rates to cool inflation, savers have cause to celebrate. Accounts like high-yield savings, money market accounts, and certificates of deposit (CD) now have APYs well above 4%—and in some cases, even higher. And if you’re ready to get more for your money, Quontic Bank now offers one of the highest APYs around on their 1-year CDs. 

Quontic Bank CD rates are at 5.30% APY on a 1-year CD

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