Lock in a high CD rate today to help your savings grow. Rates vary across financial institutions, so ensure you’re getting the best deal. Historically, longer-term CDs offered higher rates, but now shorter-term CDs may provide better returns.

The highest CD rate as of November 2, 2025, is 4.1% APY. Marcus by Goldman Sachs, Sallie Mae, and Barclays offer competitive rates on their CDs. Your earnings from a CD depend on the annual percentage rate (APY) and how often interest compounds.

With a 4% APY on a one-year CD, a $1,000 deposit could grow to $1,040.74, including $40.74 in interest. Depositing more can increase your earnings – a $10,000 deposit could earn you $407.42 in interest. Consider the type of CD that suits your needs for flexibility and potential earnings.

Read more at Yahoo Finance: Best CD rates today, November 2, 2025 (lock in up to 4.1% APY)