Today’s CD rates remain high above the national average after the Federal Reserve announced its second rate cut of 2025. Lock in high rates with a certificate of deposit (CD) now before they drop. The highest CD rate is currently 4.1% APY, offered by Marcus by Goldman Sachs, Sallie Mae, and Synchrony.

Online banks and credit unions typically offer more competitive CD rates compared to traditional brick-and-mortar banks. Current national average CD rates are among the highest in nearly two decades due to the Federal Reserve’s efforts to combat inflation. Consider opening a CD with a high APY and term length that aligns with your financial goals.

To find the best CD rates, shop around and compare options from different financial institutions. Online banks often offer the most competitive rates due to lower overhead costs. Be mindful of minimum deposit requirements and review account terms for early withdrawal penalties and auto-renewal policies, including options like no-penalty CDs.

Read more at Yahoo Finance: Best CD rates today, November 17, 2025 (Lock in up to 4.1% APY)