Looking for the best CD rates? CD rates are currently high, with some financial institutions offering rates of 4% APY and up. The highest rate as of November 6, 2025, is 4.1% APY from Marcus by Goldman Sachs on a 14-month CD and Sallie Mae on a 15-month CD. The Federal Reserve has been cutting its target rate, impacting CD rates. It recently announced its second rate cut of 2025, leading to a decline in CD rates. Now may be a good time to lock in the best rates. To open a CD account, research rates, choose an account that meets your needs, gather necessary documents, complete the application, and fund the account.

Read more at Yahoo Finance: Best CD rates today, November 6, 2025 (lock in up to 4.1% APY)