Which pays more right now — a Series I bond or a 1-year CD? Tbillery answers it with current rates and notes the tax difference — Treasuries and I-bonds are state-tax-free, while CD and savings interest is fully taxable, so the after-tax winner can flip.
Related: T-Bill vs. CD · T-Bill vs. High-Yield Savings · I-Bond vs. T-Bill · I-Bond vs. High-Yield Savings · CD vs. High-Yield Savings.
Build a ladder around the winner.
Updated July 2026