Today’s CD rates remain high above the national average due to recent Federal Reserve rate cuts. The highest CD rate as of December 1, 2025, is 4.1% APY offered by Marcus by Goldman Sachs and Sallie Mae. Online banks and credit unions typically offer more competitive rates than traditional banks.

The average national interest rate for a 1-year CD is 1.68%. Current CD rates are among the highest in nearly two decades, attributed to the Federal Reserve’s efforts to combat inflation. When opening a CD, choose a high APY and term length that aligns with your financial goals.

To find the best CD rates, shop around and compare offers from various financial institutions. Online banks often provide the most competitive rates due to lower overhead costs. Check minimum deposit requirements and review account terms, including early withdrawal penalties and auto-renewal policies.

Read more at Yahoo Finance: Best CD rates today, December 1, 2025 (Lock in up to 4.1% APY)