There's a new CD available with a top rate of 6.50% for an eight-month term, the highest rate of any tracked by Investopedia. But it comes with a significant restriction: a $5,000 maximum deposit.
The new top rate, offered by Financial Partners Credit Union, leapfrogged the competition. The second-highest rate is now 6.00%, available for a take-your-pick term between 12 and…