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KEY POINTS The best CD rate available today: 4.55% APY for a 6-month term.When the Fed cuts the federal funds rate, CD rates will decrease.HYSAs provide an excellent opportunity to grow your savings while APYs remain competitive, but rates are variable. Thinking about locking in a steady return? Now's a great time to open a CD. Several banks are offering competitive rates, including a top APY of 4.55% on a 6-month term and other strong options around 4.50% for terms between six and 10 months.But these rates may not last -- many experts expect the Federal Reserve to cut interest rates later this year. Securing a CD now could help you lock in a high yield before those changes take effect.Below are some of the best CD deals available today. The best CD rates today, May 25, are 4.50% and above. Top offers include:United Fidelity Bank, 6 months: 4.55% APYUnited Fidelity Bank, 10 months: 4.50% APYOMB, 9 months: 4.50% APYPresidential Bank, 7 months: 4.50% APYableBanking, 6 months: 4.50% APYSpecial pick: Now could be one of the last chances to lock in a yield this high before rates start to fall. LendingClub's 14-month CD currently offers 4.10% APY with just a $500 minimum deposit. Check out LendingClub's 14-month CD here.Data source: Issuing banks. Rates are accurate as of May 23, 2025. Best CD Rates at Top Banks in May 2025 Rates as of April 22, 2025 LendingClub CD Member FDIC. APY: 4.10% Term: 14 Months Min. Deposit: $500 Open Account for On LendingClub's Secure Website. Discover® Bank CD Member FDIC. APY: 4.00% Term: 1 Year Min. Deposit: $0 Open Account for On Discover Bank's Secure Website. Western Alliance Bank CD APY: 4.00% Term: 6 Months Min. Deposit: $1 Open Account for On Raisin's Secure Website. Best CD Rates at Top Banks in May 2025 Should you open a CD?Now could be an excellent time to open a certificate of deposit. Since the Fed is largely expected to cut rates in the second half of the year, some banks have already started reducing top CD offerings. Locking in one of the best APYs today locks in steady returns for the length of the CD term.CDs are low-risk, come with FDIC insurance up to $250,000 per person, per bank, and offer predictable growth. They're a solid choice if you want safety and stability. But if you're investing for the long haul and can handle more ups and downs, the stock market might be a better bet for higher returns. How $10,000 in a CD could earn you $480Your potential return on a CD depends on three factors: the APY, your deposit amount, and the term length.For example, a $10,000 deposit into a 14-month CD with a 4.10% APY would earn roughly $480 in interest by the time it matures -- with virtually no risk of losing your principal.Compare that to a traditional savings account, where rates are often much lower and can fluctuate over time. Locking in a top CD rate today, like LendingClub's 14-month CD, can help you maximize your returns before rates drop. See LendingClub's 14-month CD details here. How to open a certificate of depositWhen you're ready, you can open a CD in just a few simple steps:Compare CD rates and terms. Look at different banks to find the best APY and term length that fits your goals. Online banks often offer higher rates than traditional banks.Decide how much to deposit. Choose an amount you won't need during the CD's term, since early withdrawals usually trigger penalties.Open the account. You can usually open a CD online or at a bank branch. You'll need to provide basic information like your ID and bank account details.Fund the CD. Transfer money from your checking or savings account into the CD. The term and interest rate are locked in once it's funded.Mark the maturity date. Keep track of when your CD matures so you can decide whether to withdraw your money or roll it into a new CD at that time.Remember, each CD allows only one deposit. Plan your amount wisely. When you're ready, click here to explore the best CD rates and open a high-yield CD today. CDs vs. HYSAs: Earn a top APY without locking up your fundsIf you're after strong returns but want easy access to your money, a high-yield savings account could be a better fit than a CD. Here's why:No long-term commitment: You can add or withdraw funds anytime without penalties.Easy access: Transfers to and from other accounts are quick and simple.Low maintenance: Just deposit your money and let it grow -- no decisions needed when the term ends like with a CD.Rate flexibility: HYSA rates can go up or down, but many currently offer APYs that compete with top CDs.In short, you don't have to lock up your cash to earn a great return.One standout right now is SoFi Checking and Savings (Member FDIC). This top-rated account offers up to 3.80% annual percentage yield (APY) on savings with qualifying direct deposits. Even better: New customers can earn up to a $300 bonus with qualifying direct deposits! It's an easy way to boost your savings without locking up your cash. Click here to learn more. Our Picks for the Best High-Yield Savings Accounts of 2025 Product APY Min. to Earn SoFi Checking and Savings Member FDIC. APY up to 3.80% Rate info Circle with letter I in it. SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus. Min. to earn $0 Open Account for SoFi Checking and Savings On SoFi's Secure Website. Member FDIC. up to 3.80% Rate info Circle with letter I in it. SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus. $0 Open Account for SoFi Checking and Savings On SoFi's Secure Website. American Express® High Yield Savings Account Member FDIC. APY 3.60% Rate info Circle with letter I in it. 3.60% annual percentage yield as of May 25, 2025. Terms apply. Min. to earn $0 Open Account for American Express® High Yield Savings Account On American Express's Secure Website. Member FDIC. 3.60% Rate info Circle with letter I in it. 3.60% annual percentage yield as of May 25, 2025. Terms apply. $0 Open Account for American Express® High Yield Savings Account On American Express's Secure Website. Western Alliance Bank High-Yield Savings Premier Member FDIC. APY 4.30% Rate info Circle with letter I in it. The annual percentage yield (APY) is accurate as of May 2, 2025 and subject to change at the Bank’s discretion. Refer to product’s website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Min. to earn $500 to open, $0.01 for max APY Open Account for Western Alliance Bank High-Yield Savings Premier On Western Alliance Bank's Secure Website. Member FDIC. 4.30% Rate info Circle with letter I in it. The annual percentage yield (APY) is accurate as of May 2, 2025 and subject to change at the Bank’s discretion. Refer to product’s website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. $500 to open, $0.01 for max APY Open Account for Western Alliance Bank High-Yield Savings Premier On Western Alliance Bank's Secure Website. Sources https://www.unitedfidelity.com/high-yield-certificates-of-deposit/https://www.ombbank.com/personal-banking/personal-savings/certificates-of-deposit/9-month-cd-specialhttps://www.presidential.com/personal/banking/cdshttps://www.ablebanking.com/cds FAQs What's the biggest downside of a CD? The biggest downside of a certificate of deposit is the lack of liquidity. When you invest in a CD, your money is locked in for a fixed term, and withdrawing it early can result in loss of interest. This means you have less flexibility to access your funds if you need them before the CD matures. Can I withdraw money from a CD early? Yes, but it usually comes with a penalty. If you take money out before the CD matures, you'll likely lose some or all of the interest you've earned -- sometimes even a bit of your original deposit, depending on the bank's rules. How much money should I put in a CD? It depends on your financial goals and when you'll need the money. CDs are best for funds you won't need right away, so only deposit what you can leave untouched until the CD matures.» Mehr auf fool.com

KEY POINTS Our featured bonus today: Earn 50,000 points after spending just $1,000 in the first 3 months with the Southwest Rapid Rewards® Priority Credit Card.Easy-to-earn cash back: Snag $200 after just $500 in spending in the first 3 months with a no-annual-fee card.Daily updates: We review the latest offers every morning to find the best deals for you. Looking to score free travel or quick cash back? Now's a great time to take advantage of some of the top credit card sign-up bonuses available. One standout offer: the Southwest Rapid Rewards® Priority Credit Card (see rates and fees) which gives you 50,000 bonus points after spending just $1,000 in the first 3 months -- enough for at least two roundtrip Southwest flights with no blackout dates.Prefer cash back instead? We've also highlighted a card that offers a $200 bonus with no annual fee and a low spending threshold -- perfect for simple, everyday savings. (function(){function c(){var b=a.contentDocument||a.contentWindow.document;if(b){var d=b.createElement('script');d.innerHTML="window.__CF$cv$params={r:'9454487b8a50ac3c',t:'MTc0ODE2ODI0Ny4wMDAwMDA='};var a=document.createElement('script');a.nonce='';a.src='/cdn-cgi/challenge-platform/scripts/jsd/main.js';document.getElementsByTagName('head')[0].appendChild(a);";b.getElementsByTagName('head')[0].appendChild(d)}}if(document.body){var a=document.createElement('iframe');a.height=1;a.width=1;a.style.position='absolute';a.style.top=0;a.style.left=0;a.style.border='none';a.style.visibility='hidden';document.body.appendChild(a);if('loading'!==document.readyState)c();else if(window.addEventListener)document.addEventListener('DOMContentLoaded',c);else{var e=document.onreadystatechange||function(){};document.onreadystatechange=function(b){e(b);'loading'!==document.readyState&&(document.onreadystatechange=e,c())}}}})();We review over 260 credit card offers daily to bring you the best deals. If one sounds right for you, act fast -- these bonuses can change or disappear without notice. Featured card for May 25, 2025: Southwest Rapid Rewards® Priority Credit CardThe bonus: Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months from account opening. Why I love it:Southwest is hands-down one of my favorite airlines -- no change fees, super chill vibe, and regular discount tickets. This card makes it even better with a 50,000-point bonus (that's a couple free flights), plus a $75 annual travel credit and 7,500 bonus points every year on your card anniversary. Those perks alone basically cancel out the $149 annual fee. If you fly Southwest even a couple times a year, this one's a no-brainer. Top credit card welcome bonuses todayThese credit cards are offering some of the best welcome bonuses right now. Offer Our Rating Welcome Offer Rewards Program APR Our Rating Southwest Rapid Rewards® Priority Credit Card Apply Now for Southwest Rapid Rewards® Priority Credit Card On Chase's Secure Website. Rates & Fees Rating image, 4.00 out of 5 stars. 4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Earn 50,000 bonus points. Circle with letter I in it. Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months from account opening. Earn 3X points on Southwest® purchases. Earn 2X points on Rapid Rewards® hotel and car rental partners. Earn 2X points on local transit and commuting, including rideshare. Earn 2X points on internet, cable, and phone services; select streaming. Earn 1X points on all other purchases. Circle with letter I in it. Receive 7,500 anniversary points, 4 upgraded boardings per year when available, and a $75 Southwest® travel credit each year. Enjoy benefits including 3X points on Southwest purchases, 2X points on local transit and commuting, including rideshare, 2X points on internet, cable, and phone services; select streaming, 10,000 Companion Pass® qualifying points boost each year, and more. Intro: Purchases: N/A Balance Transfers: N/A Regular: 20.49% - 27.49% Variable Rating image, 4.00 out of 5 stars. 4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor The Platinum Card® from American Express Apply Now for The Platinum Card® from American Express On American Express' Secure Website. Terms apply Rates & Fees Rating image, 4.50 out of 5 stars. 4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for large welcome offer 80,000 Membership Rewards® Points Circle with letter I in it. Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership. 1X-5X Membership Rewards® Points Circle with letter I in it. Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel. Earn 1X Membership Rewards® Points on other purchases. Terms and limitations apply. Intro: Purchases: N/A Balance Transfers: N/A APR: See Pay Over Time APR Rating image, 4.50 out of 5 stars. 4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for large welcome offer Chase Sapphire Preferred® Card Apply Now for Chase Sapphire Preferred® Card On Chase's Secure Website. Rates & Fees Rating image, 5.00 out of 5 stars. 5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for travel and points transfers 60,000 bonus points Circle with letter I in it. Earn 60,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. 5x on travel purchased through Chase Travel℠, 3x on dining and 2x on all other travel purchases Circle with letter I in it. Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more. Intro: Circle with letter I in it. N/A Purchases: N/A Balance Transfers: N/A Regular: 19.99% - 28.24% Variable Rating image, 5.00 out of 5 stars. 5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for travel and points transfers Bank of America® Travel Rewards credit card Apply Now for Bank of America® Travel Rewards credit card On Bank of America's Secure Website. Rating image, 4.00 out of 5 stars. 4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for unlimited rewards on purchases 25,000 points Circle with letter I in it. 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases 1.5-3 points per dollar Circle with letter I in it. Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees, and your points don't expire as long as your account remains open. Earn 3 points per $1 spent on travel purchases booked through the Bank of America Travel Center. Intro: Circle with letter I in it. 0% Intro APR for 15 billing cycles for purchases. 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days. After the intro APR offer ends, 18.24% - 28.24% Variable APR on purchases and balance transfers will apply. A 3% fee for 60 days from account opening, then 4% fee applies to all balance transfers. Balance transfers may not be used to pay any account provided by Bank of America. Purchases: 0% Intro APR for 15 billing cycles for purchases Balance Transfers: 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days Regular: 18.24% - 28.24% (Variable) Rating image, 4.00 out of 5 stars. 4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for unlimited rewards on purchases Chase Freedom Unlimited® Apply Now for Chase Freedom Unlimited® On Chase's Secure Website. Rates & Fees Rating image, 5.00 out of 5 stars. 5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for cash back Earn $200 cash back Circle with letter I in it. Intro Offer: Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening 1.5% - 5% cash back Circle with letter I in it. Enjoy 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases Intro: Circle with letter I in it. 0% Intro APR on Purchases and Balance Transfers for 15 months Purchases: 0% Intro APR on Purchases, 15 months Balance Transfers: 0% Intro APR on Balance Transfers, 15 months Regular: 18.99% - 28.49% Variable Rating image, 5.00 out of 5 stars. 5.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for cash back Discover it® Cash Back Apply Now for Discover it® Cash Back On Discover's Secure Website. Rates & Fees Rating image, 4.50 out of 5 stars. 4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for cash back on rotating categories Discover will match all the cash back you’ve earned at the end of your first year. Circle with letter I in it. INTRO OFFER: Unlimited Cashback Match for all new cardmembers–only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300. 1% - 5% Cashback Circle with letter I in it. Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases. Intro: Purchases: 0%, 15 months Balance Transfers: 0%, 15 months Regular: 18.24% - 27.24% Variable APR Rating image, 4.50 out of 5 stars. 4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Best for cash back on rotating categories Ink Business Unlimited® Credit Card Apply Now for Ink Business Unlimited® Credit Card On Chase's Secure Website. Rates & Fees Rating image, 4.50 out of 5 stars. 4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor Earn $750 bonus cash back Circle with letter I in it. Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. Earn unlimited 1.5% cash back on every purchase Circle with letter I in it. Earn unlimited 1.5% cash back on every purchase made for your business Intro: Circle with letter I in it. 0% Intro APR on Purchases Purchases: 0% Intro APR on Purchases, 12 months Balance Transfers: N/A Regular: 17.49% - 23.49% Variable Rating image, 4.50 out of 5 stars. 4.50/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. = Best = Excellent = Good = Fair = Poor How we choose the top welcome bonuses each dayEvery day, we scan credit card offers from major issuers to bring you the most valuable deals available. We focus on what really matters, including: High-value welcome bonusesLimited-time promotions you don't want to missReward programs with flexible redemption optionsCards that offer long-term value beyond the sign-up bonusWe update this list each morning so you can catch the best offers before they change or expire.What to know before you submit a new card applicationA big welcome bonus can be tempting -- but don't rush in without a quick review of the following:Look beyond the bonus -- Review the card's ongoing perks, fees, and overall value to see if it fits your long-term needs.Spending requirements -- Make sure you can comfortably hit the minimum spend within the required time frame to unlock the bonus.Credit score matters -- The top bonuses usually go to applicants with good to excellent credit (a FICO® Score of 670 or above).A little planning ahead can help you get the most out of your new card.How often should you apply for new credit cards?There's no precise rule, but spacing out credit card applications every three to six months or so is a good guideline. This gives your credit score time to bounce back and keeps you in good standing for future offers.Only apply when you're confident you can hit the minimum spending requirement without straining your budget. Applying too often can work against you -- especially if you're planning to take out a major loan like a mortgage. A better approach is to go for a few well-timed bonuses each year to earn rewards while protecting your credit.Ready to earn your next sign-up bonus?With so many top offers on the table now, it's a great time to apply for a new card that fits your lifestyle and earn a welcome bonus.The Southwest Rapid Rewards® Priority Credit Card is one of our favorite picks right now, offering the chance to earn 50,000 bonus points and a variety of Southwest perks like upgraded boardings and an annual travel credit. If you're ready to start earning, don't wait -- these deals won't stick around forever. Apply for the Southwest Rapid Rewards® Priority Credit Card today. FAQs Is it worth getting a card just for the sign-up bonus? It can be -- especially if the bonus fits your travel or cash back goals. But we also look at the overall quality and long-term value of each card featured. It's smart to choose a card that not only offers a great bonus today but also matches your lifestyle for the long haul. What is the 2/3/4 rule for credit cards? The 2/3/4 rule is an unofficial guideline to help you pace yourself when opening new cards. It means you should limit yourself to no more than:2 new cards in one 90-day period3 cards in a 12-month period4 cards in a 24-month periodIssuers don't publish this officially. But applying too aggressively for multiple cards increases your chances of denial. Slow and steady wins the rewards race! How often do sign-up bonuses change? Credit card bonuses can change without much notice -- sometimes within weeks, sometimes after a few months. We update this list every morning to make sure you're seeing the freshest offers available.» Mehr auf fool.com

KEY POINTS Our highlighted pick this week: CIT Platinum Savings offer ends soon! Earn a bonus of at least $225 after a one-time deposit of $25,000+.Requirements to earn: Most bonuses involve direct deposit or a minimum savings balance.Updated weekly: We sift through banks each week to find the highest-value offers for you. Fancy a pile of free money in exchange for switching banks?We can help with that. Each week, we sort through dozens of banks to find the easiest (and best) new account bonuses. We feature solid deals with simple requirements like setting up a direct deposit or a savings transfer.This week we highlight the CIT Platinum Savings bonus. While it's not the easiest bonus to earn, with a minimum deposit requirement of $25,000 and at least $50,000 required to earn the full amount, you can snag up to $300 if you qualify and use code PS2025 upon account opening. But if this bonus catches your eye, act quickly -- this promotion ends on May 27, 2025.This list is updated weekly, because the best offers don't stick around forever. Always review the fine print -- and if something fits your goals, don't wait too long to grab it! Top 6 bank bonuses this week CIT Platinum Savings: Up to $300 bonus SoFi Checking and Savings (Member FDIC): Up to $300 bonus Chase Total Checking®: $300 bonus Discover® Cashback Debit: Up to $360 per year Discover® Online Savings: $200 bonus BMO Smart Advantage Checking: $400 bonus What to know about bank bonusesBank bonuses can be a quick and easy way to earn extra cash -- sometimes a few hundred dollars with minimal effort.But to get the reward, you'll need to follow the rules closely. Most deals ask you to set up a direct deposit, often from your paycheck or government benefits, and complete a few simple tasks like funding the account or using your debit card. Miss a step, and you could lose the bonus.Keep in mind that these offers are considered taxable income. If your bonus is over $10, expect a 1099-INT at tax time. Still, if you're already thinking of switching banks, a bonus can make the move more rewarding.How to qualify for a bank bonusQualifying for a bank bonus usually isn't hard, but you'll need to follow the steps carefully. Most offers start with setting up a direct deposit -- typically from your job or government benefits -- within a specific time frame, often 30 to 90 days.Some bonuses, especially for savings accounts, may require a larger deposit that stays in the account for a few months. Others might just ask you to use your debit card or pay a few bills online.Every deal is a little different, so take time to read the fine print and make sure the requirements fit comfortably within your budget.What to watch out forBefore signing up for a bank bonus, make sure you understand the fine print. Some banks charge monthly fees unless you meet certain conditions, like setting up direct deposit or keeping a minimum balance. Others may not pay out if you've had an account with them in the past year or two.Even if you meet all the requirements, it can take up to 90 days to receive your bonus. So it's smart to know what you're getting into ahead of time. We've made things easier by focusing on straightforward offers from well-known banks -- no tricky hoops to jump through.Offer ends soon! Don't miss out on this limited-time bonusWhile it's not easy to earn, the CIT Platinum Savings bonus could prove quite lucrative for the right account holder.If you've been looking for a new bank with a high APY, want to take advantage of a generous bonus, and have a large amount to transfer, this account just might be perfect for you. The CIT Platinum Savings pays 4.10% APY for balances of $5,000 or more, allowing your savings to grow over time. Get it before May 27 when the offer expires -- apply for a CIT Platinum Savings account now. Our Picks for the Best High-Yield Savings Accounts of 2025 Product APY Min. to Earn SoFi Checking and Savings Member FDIC. APY up to 3.80% Rate info Circle with letter I in it. SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus. Min. to earn $0 Open Account for SoFi Checking and Savings On SoFi's Secure Website. Member FDIC. up to 3.80% Rate info Circle with letter I in it. SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus. $0 Open Account for SoFi Checking and Savings On SoFi's Secure Website. American Express® High Yield Savings Account Member FDIC. APY 3.60% Rate info Circle with letter I in it. 3.60% annual percentage yield as of May 25, 2025. Terms apply. Min. to earn $0 Open Account for American Express® High Yield Savings Account On American Express's Secure Website. Member FDIC. 3.60% Rate info Circle with letter I in it. 3.60% annual percentage yield as of May 25, 2025. Terms apply. $0 Open Account for American Express® High Yield Savings Account On American Express's Secure Website. Western Alliance Bank High-Yield Savings Premier Member FDIC. APY 4.30% Rate info Circle with letter I in it. The annual percentage yield (APY) is accurate as of May 2, 2025 and subject to change at the Bank’s discretion. Refer to product’s website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Min. to earn $500 to open, $0.01 for max APY Open Account for Western Alliance Bank High-Yield Savings Premier On Western Alliance Bank's Secure Website. Member FDIC. 4.30% Rate info Circle with letter I in it. The annual percentage yield (APY) is accurate as of May 2, 2025 and subject to change at the Bank’s discretion. Refer to product’s website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. $500 to open, $0.01 for max APY Open Account for Western Alliance Bank High-Yield Savings Premier On Western Alliance Bank's Secure Website. Sources https://www.cit.com/cit-bank/platinum-savings/PS2025https://www.sofi.com/banking/checking-offer/https://account.chase.com/consumer/banking/PJ97924https://www.discover.com/online-banking/checking-lp-lng-01/https://www.discover.com/online-banking/savings-lng-04/https://www.bmo.com/en-us/main/personal/checking-accounts/digital-offer/ FAQs What counts as a qualifying direct deposit? Typically, it's a paycheck, government benefit (like Social Security), or other ACH transfer from an employer. Some banks are strict, while others are more lenient and accept transfers from other financial institutions. It's always smart to check the exact terms in the bonus offer. Will a bank bonus affect my credit score? Most of the time, no. Opening a bank account may involve a soft pull or identity check, but it usually doesn't trigger a hard credit inquiry. That said, if the bank offers overdraft protection linked to a credit line, a hard pull might happen -- but that's rare. Do I need to close my old account to earn a bonus? Nope! Most bank bonuses only require you to open a new account. You usually don't need to close your existing one. Just be sure to check the fine print, because some banks may exclude you if you've had an account with them in the past six to 12 months.» Mehr auf fool.com