Today’s CD rates are still above the national average. The Federal Reserve cut interest rates three times in 2024 and recently announced a second cut in 2025. This means now could be your last chance to lock in high rates with a certificate of deposit (CD). The highest CD rate is 4.25% APY offered by United Fidelity Bank on a 2-year CD.

Some of the best CD rates are available from verified partners. Online banks and credit unions generally offer more competitive rates compared to traditional banks. The national average interest rate for CDs is 1.68% for a 1-year term, the highest seen in nearly two decades due to the Fed’s efforts to combat inflation.

When opening a CD, choose one with a high APY and term length that suits your financial goals. Shop around and compare CD rates from various institutions. Online banks often offer the most competitive rates due to lower overhead costs. Check minimum deposit requirements and review account terms to find the best CD for your needs, such as no-penalty CDs for flexibility.

Read more at Yahoo Finance: Best CD rates today, November 10, 2025 (Lock in up to 4.25% APY)