Lock in a high CD rate today to watch your savings grow. Rates vary by institution, so shop around for the best offers. Longer-term CDs used to offer higher rates, but current economic conditions have flipped the script. The highest CD rate as of September 14, 2025 is 4.45% APY on an 8-month CD from LendingClub. Your earnings from a CD depend on the annual percentage rate (APY). For example, a $1,000 one-year CD at 1.81% APY with monthly compounding interest would grow to $1,018.25. Increase your deposit amount for larger earnings. A $10,000 one-year CD at 4% APY would yield $407.42 in interest. Consider different types of CDs for added benefits. Bump-up CDs let you request a higher rate if bank rates rise, while no-penalty CDs allow early withdrawals without penalty. Jumbo CDs require higher deposits for potentially higher rates. Brokered CDs can offer higher rates but come with more risk and may not be FDIC-insured.

Read more at Yahoo Finance: Best CD rates today, September 14, 2025 (lock in up to 4.45% APY)