Lock in a high CD rate today to help your savings grow. Historically, longer-term CDs offered higher rates, but now shorter-term CDs are more competitive. Gainbridge® offers the highest CD rate at 5.5% APY with a $1000 minimum deposit. Your earnings depend on the APY, with higher deposits leading to more interest.

Consider different types of CDs beyond traditional ones when choosing the best option for you. Bump-up CDs allow for a rate increase, while no-penalty CDs let you withdraw early. Jumbo CDs require a higher deposit for potentially higher rates. Brokered CDs, purchased through a brokerage, may offer more flexibility but come with more risk.

Read more at Yahoo Finance: Best CD rates today, August 17, 2025 (lock in up to 5.5% APY)