Summary: Best CD rates today include up to 5.5% APY return, with competitive rates still available.

Looking for the highest CD rates? Check out the best options available today. CD rates are declining due to recent Fed cuts, but some banks still offer competitive rates up to 4% APY, especially for shorter terms. Gainbridge® tops the list with a 5.5% APY on a 5-year CD.

Online banks and credit unions offer competitive CD rates due to lower overhead costs. CDs are a safe savings option backed by federal insurance, but require keeping funds for the full term to avoid penalties. Consider your savings goals before deciding between a CD, high-yield savings account, or money market account.

Read more at Yahoo Finance: Best CD rates today, July 4, 2025 (up to 5.5% APY return)