Here are some of the best CD rates available from major banks:
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Edward Jones: 3-month CD — 4.05%, 1-year CD — 3.75%, 5-year CD — 3.70%
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U.S. Bank: 5-month CD — 3.60% APY, 9-month CD — 3.10%, 13-month CD — 3.00%
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Barclays US: 6-month CD — 3.73% to 3.80%, 12-month CD — 3.92% to 4.00%
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National Averages: Short-term CDs average 3.50%–3.75%, while top long-term CDs approach 4.45% APY
Who Should Consider CDs?
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Retirees seeking guaranteed returns without market volatility.
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Conservative investors looking to diversify away from stocks.
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Young professionals who want a safe place for short-term savings goals.
Risks to Consider
While CDs are secure, they come with restrictions:
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Early withdrawal penalties apply if funds are accessed before maturity.
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If interest rates rise unexpectedly, locked-in CD holders may miss higher yields.
Expert Insight
A financial analyst noted:
“Locking in a 12-month CD at around 4% APY can be a smart move for those who want stability. However, a laddering strategy across different terms is often the safest way to maximize returns.”
The Bottom Line
Today’s CD rates remain historically high, making them one of the safest and most rewarding options for savers in 2025. Analysts suggest acting soon, as rates are likely to decline once the Fed pivots to easing policy.
❓ FAQs
Q1: What is the highest CD rate in the US right now?
Top banks are offering up to 4.45% APY depending on term length.
Q2: Are CDs safe?
Yes, CDs are FDIC-insured up to $250,000 per depositor per bank.
Q3: What term length offers the best return?
Currently, 12-month CDs around 4% APY are considered attractive.
Q4: Can I withdraw money from a CD before maturity?
Yes, but you will likely face early withdrawal penalties.
Q5: Should I invest in CDs or savings accounts?
CDs generally offer higher rates than regular savings accounts, but savings accounts provide easier access to funds.
