Summary: Best CD rates today vary, with Gainbridge offering the highest rate of 5.5% APY on a 5-year CD.

From Yahoo Finance: 2025-06-15 06:00:00

Lock in a high CD rate today to help your savings grow. Rates vary widely, so ensure you get the best offer. Gainbridge offers the highest CD rate of 5.5% APY on a 5-year CD with a $1000 minimum deposit. APY determines your earnings and compounds daily or monthly.

Investing $1,000 in a one-year CD with 1.81% APY and monthly compounding interest would earn you $18.25. Choosing a 4% APY CD would result in $40.74 in interest. Depositing more money means higher earnings, such as $407.42 on a $10,000 CD at 4% APY.

Consider different types of CDs beyond traditional ones. Bump-up CDs allow for a rate increase once, no-penalty CDs let you withdraw funds penalty-free, jumbo CDs require higher deposits for potentially higher rates, and brokered CDs are bought through a brokerage, offering higher rates but with more risk.

Read more: Best CD rates today, June 15, 2025 (lock in up to 5.5% APY)