Today’s CD rates remain above the national average after the Federal Reserve announced its third rate cut of 2025. Lock in high rates with a certificate of deposit (CD) before they drop. The highest CD rate as of December 15, 2025, is 4.15% APY from First National Bank of America on a 7-month CD.

Online banks and credit unions generally offer higher CD rates compared to traditional banks. Average CD rates in November 2025 are some of the highest in nearly two decades due to the Federal Reserve’s efforts to combat inflation. The highest national average interest rate for a 1-year CD is 1.64%.

When opening a CD, choose one with a high APY and term length that aligns with your financial goals. Shop around, consider online banks, check minimum deposit requirements, and review account terms for early withdrawal penalties and auto-renewal policies. Some CDs, like no-penalty CDs, offer more flexibility.

Read more at Yahoo Finance: Best CD rates today, December 15, 2025 (Lock in up to 4.15% APY)