Current CD prices remain well above the national average. The Federal Reserve has cut its interest rate target three times in 2024 and recently announced its second rate cut for 2025. This has a ripple effect on deposit account rates, meaning this could be your last chance to lock in today’s high rates with a certificate of deposit (CD). Here’s a look at today’s best CD prices and where you can find the best deals.
As of December 8, 2025, the highest CD rate is 4.1% APY. This rate is offered by Sallie Mae on its 15-month CD, Marcus by Goldman Sachs on its 14-month CD, Synchrony Bank on its 9-month CD, and LendingClub on its 8-month CD.
Here’s a look at some of the best CD prices available today from our verified partners.
If you’re considering a CD, these rates are among the highest available, especially compared to national average rates, which are significantly lower. It’s also worth noting that online banks and credit unions generally offer more competitive rates than traditional banks.
Learn more: What is a good CD rate?
Here’s a look at the average CD rate per term as of October 2025 (the most recent data available from the FDIC):
The highest national average interest rate for CDs is 1.68% for a one-year term. However, overall, today’s average CD rates are among the highest seen in nearly two decades, largely due to the Federal Reserve’s efforts to combat inflation by keeping interest rates high.
If you’re considering opening a CD, it’s important to choose one with a high APY and a term that fits your financial goals. Here are some tips for finding the best CD rates and accounts that fit your needs:
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Compare prices: It’s a good idea to evaluate CD rates from a variety of financial institutions and compare your options before opening an account. You can easily compare CD prices online.
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Think about online banks: Online banks tend to have lower overhead costs, which allows them to offer higher interest rates on CDs. In fact, online banks often offer the most competitive rates available.
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Check the minimum deposit requirements: Higher CD rates may come with higher minimum deposit requirements, so make sure the amount you plan to deposit meets the requirements to get the best rate.
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View the account terms and conditions: Beyond the CD rate, review the terms of early withdrawal penalties and auto-renewal policies. Some CDs offer better flexibility terms, such as no-penalty CDs, which allow you to withdraw your funds without fees before the maturity date.
