Banks offer varying CD rates, with some reaching up to 4% APY, especially for shorter terms. As of December 26, 2025, the highest CD rate is 4.2% APY from United Fidelity Bank. Online banks and credit unions may also offer competitive rates due to lower overhead costs. Consider your savings goals before choosing a CD as they require full term deposits and may not provide the growth of market investments for long-term goals.

Read more at Yahoo Finance.: Best CD rates today, December 26, 2025 (up to 4.2% APY return)