Deposit account rates are declining, but you can still lock in a competitive return with a certificate of deposit (CD). The best CDs offer rates above 4%, with short-term CDs ranging from 4% to 4.5% APY. Synchrony Bank currently offers the highest CD rate at 4.1% APY on a 14-month CD. Historically, CD rates have fluctuated, with the 2010s seeing a downward trend after the Great Recession. However, recent Fed rate hikes have led to higher CD rates. When opening a CD, consider factors like term length, financial institution, account terms, and inflation impact.

Read more at Yahoo Finance: Best CD rates today, February 25, 2026 (Earn up to 4.1% APY)