Lock in a competitive CD rate today before rates fall further. Best rates are on shorter terms, with online banks and credit unions offering the top deals. The highest CD rate is currently 4.45% APY on an 8-month CD with LendingClub. APY determines your total earnings after one year, with interest compounding daily or monthly. Investing $1,000 in a 4% APY one-year CD would yield $1,040.74, including $40.74 in interest. Depositing more can increase your earnings – a $10,000 deposit would grow to $10,407.42 with a 4% APY. Different types of CDs offer various benefits beyond traditional CDs, such as Bump-up CDs, No-penalty CDs, Jumbo CDs, and Brokered CDs.

Read more at Yahoo Finance: Best CD rates today, September 13, 2025 (best account provides 4.45% APY)