11 best 10-year CDs for January 2024

If you're a saver who wants to earn big returns on your money, you have no shortage of options to choose from right now. Not only are many high-yield savings accounts offering rates that are 10 times (or more) higher than what you can get with a regular savings account, but there are lots of great certificate of deposit (CD) options to choose from, too.

For example, you can currently find 1-year CDs with rates as high as 5.66% — which is significantly higher than the 0.46% rate offered on the average regular savings account. And, when you open a CD account, you're locking in today's rates for the entirety of the CD term. That can be a pretty big benefit in an uncertain rate environment, like the one we're experiencing now.

But short-term CDs aren't the only good options to consider right now. While you may be able to lock in a substantial rate of return on a short-term CD, you can also find top rates offered on many longer-term CDs, too. That includes 10-year CDs, which currently offer rates that are much higher than they were just a few years ago. And if you lock in a rate on a 10-year CD today, you'll earn that same rate for a full decade — so you won't have to worry about future rate fluctuations affecting your earnings. 

Explore today's best long-term CD rates here.

11 best 10-year CDs for January 2024

Options are slightly limited when it comes to 10-year CDs — especially compared to shorter-term CDs. However, there are still a good handful of 10-year CDs that may be worth considering. These include:

• Equitable Savings and Loan — 4.07% APY: This CD requires a $500 minimum opening deposit; a penalty may be imposed for early withdrawal
• Apple Federal Credit Union — 4.00% APY: This CD requires a $500 minimum opening deposit; the early withdrawal penalty is the dividends earned since issuance or renewal or 1095 days dividends, whichever is less
• Credit Human Federal Credit Union — 4.00% APY: This CD requires a $500 minimum opening deposit; the early withdrawal penalty is 365 days of interest
• Discover Bank — 3.80% APY: This CD requires a $2,500 minimum opening deposit; the early withdrawal penalty is 15 months of interest
• Dollar Bank — 3.00% APY: This CD requires a $2,500 minimum opening deposit; a penalty may be imposed for early withdrawal
• Vio Bank — 2.75% APY: This CD requires a $500 minimum opening deposit; the early withdrawal penalty is 3% of the amount that was withdrawn, along with a $25 fee
• EmigrantDirect.com — 2.75% APY: This CD requires a $1,000 minimum opening deposit; the early withdrawal penalty is 180 days of interest
• BluPeak Credit Union — 2.45% APY: This CD requires a $1,000 minimum opening deposit; the early withdrawal penalty is 180 days of dividends
• MySavingsDirect — 2.00% APY: This CD requires a $1,000 minimum opening deposit; the early withdrawal penalty is up to 180 days of interest
• Chase Bank — 2.00% APY: This CD requires a $1,000 minimum opening deposit; there is no early withdrawal penalty to consider; to qualify for the highest APY, you must have a Chase personal checking account; the rate is 0.01% without a Chase personal checking account
• Midfirst Bank — 1.40% APY: This CD requires a $1,000 minimum opening deposit; a penalty may be imposed for early withdrawal

Find the top CD options available to you online here.

The bottom line

Don't miss out on today's great CD rates. If you want to earn a consistent rate of return on your money, it makes sense to consider one of the top 10-year CDs outlined above. After all, it's impossible to accurately predict what may happen with the overall rate environment, but by putting your money into a long-term CD, you'll protect your money — and your future earnings — for a full decade while earning hefty interest returns in the process.