Today’s CD rates remain high due to the Federal Reserve’s recent rate cuts. The highest CD rate as of September 22, 2025 is 4.45% APY offered by LendingClub. Online banks and credit unions typically offer better rates than traditional banks. The national average CD rate stands at 1.70% for a 1-year term, the highest in nearly two decades. When opening a CD, consider factors like APY, term length, minimum deposit requirements, and account terms. Shop around and compare rates from different financial institutions, especially online banks, for the best offers.

Read more at Yahoo Finance: Best CD rates today, September 22, 2025 (Lock in up to 4.45% APY)