Looking for the highest CD rates? CD rates can vary widely, but some banks still offer competitive rates, with top rates reaching about 4% APY for shorter terms of one year or less. As of November 14, 2025, the highest CD rate is 4.1% APY.

Compared to national averages, today’s top CD rates are much higher, emphasizing the importance of shopping around before opening an account. Online banks and credit unions often offer better rates due to lower overhead costs and profit-sharing with customers.

While CDs are safe and backed by federal insurance, early withdrawal penalties apply. Consider your savings goals before committing to a CD, as they may not provide the growth potential of market investments for long-term goals like retirement.

Read more at Yahoo Finance: Best CD rates today, November 14, 2025 (up to 4.1% APY return)