Today’s CD rates remain above the national average as the Federal Reserve has lowered interest rates three times in 2025. Lock in high rates now with a certificate of deposit (CD). The highest CD rate is 4.05% APY from United Fidelity Bank for an 18-month CD.

Online banks and credit unions often offer more competitive CD rates than traditional banks. The national average interest rate for a 1-year CD is 1.61%, with today’s rates among the highest in two decades due to the Federal Reserve’s efforts to combat inflation. Consider high APY and term length when opening a CD.

To find the best CD rates, shop around and compare options from various financial institutions. Online banks typically offer higher rates due to lower overhead costs. Be aware of minimum deposit requirements and review account terms, including early withdrawal penalties and auto-renewal policies for flexibility.

Read more at Yahoo Finance: Best CD rates today, February 9, 2026 (Lock in up to 4.05% APY)