Below you'll find featured rates available from our partners, followed by details from our ranking of the best CDs available nationwide.

You Can Lock in 5%-Plus Again, Until Fall 2025

At the start of the new year, it seemed 5%-plus CD rates had become a thing of the past. Savers had been able to score a rate of 5% or better continuously since November 2022, with rates even reaching💜 as high as 6.50% in late 2023.

But with the 澳洲幸运5官方开奖结果体彩网:Federal Reserve now three cuts into a rate-reduction phase—having lowered the federal funds rate by a cumulative percentage point across September, November, and December meetings—the 澳洲幸运5官方开奖结果体彩网:best CD rates have been drifting lower. That included a Dec. 31 expiration on what had been the national CD rate leader: a 5.50% offer from 澳洲幸运5官方开奖结果体彩网:Nuvision Credit Union.

But a week later, Nuvision brought its chart-topping CD back to life, offering the same promotional terms as in 2024, but with a new end date of Jan. 31. The CD's term is 8 months, and it restricts deposit to no more than $5,000. Locking in on this offer means your rate would be guaranteed into mid-September.

That leaves 澳洲幸运5官方开奖结果体彩网:Tampa Bay Federal Credit Union as the runner-up. Its 4.85% rate guarantee is available for a 9-month term. For a slightly longer duration, the best 1-year CD comes from 澳洲幸运5官方开奖结果体彩网:Alabama Credit Union, promising a 4.57% return until January 2026.

Consider Multi-Year CDs to Se🧜cure Your Rate Further Down the Road

Among CDs that will lock your return into later 2026 or as far as 2027, two good options are 4.50% offers from 澳洲幸运5官方开奖结果体彩网:Credit Human for 12–17 months or 澳洲幸运5官方开奖结果体彩网:XCEL Federal Credit Union for 18 months. Meanwhile, the top APY on a 2-year certificate is also from Credit Human. With its take-your-pick term of 18–23 months, its 4.40% rate can be guaranteed as far as December 2026. Or choose its 24–35 month CD p🃏aying a just slightly lower 4.35% APY.

If you want an even longer rate lock, you're in luck, as the leading 4- to 5-year rates increased last week. With a rate boost, 澳洲幸🐓运5官方开奖结果体彩网:Transportation Federal Credit Union has take𝔉n the lead in both of these terms, letting you enjoy a promised 4.35% for 4 years or 4.40% for 5 years.

Long-term CDs are likely smart right now, given the possibility of additional Fed rate cuts. The central bank has so far lowered the 澳洲幸运5官方开奖结果体彩网:federal funds rate by a full percentage point, and 2025 could see further cuts. While any interest-rate reductions from the Fed wꦆill push bank APYs lower, a CD rate you secure now will be yours to enjoy 🦄until it matures.

Today's Best CDs Still Pay Historically High Returns

It's true that CD rates are no longer at their peak. But despite the pullback, the best CDs still offer a stellar return. October 2023 saw the best CD rates push above 6%, while the leading rate is currently down to 5.50%. Compare that to early 2022, before the Federal Reserve embarked on its fast-and-furious rate-hike campaign. The most you could earn from the very best CDs in the country ranged from just 0.50% to 1.70% APY, depending on the term.

Best Jumbo CDs Out-Pay 🔜Standard𓂃 CDs in Just One Term

Jumbo CDs require much larger deposits, but they don't always offer higher rates. Right now, the 澳洲幸运5官方开奖结果体彩网:best jumbo CDs lead in just one of the eight terms we track. Among 1-year CDs, you can earn a higher 4.75% with a jumbo certificate from 澳洲幸运5官方开奖结果体彩网:Tampa Bay Federal Credit Union, compared to 4.57% for the best 1-year regular CD. But in the other seven terౠms, the highest jumbo ra꧙te is at or below the best standard rate.

Where Are CD Rates Headed in 2025?

Last month, the Federal Reserve 澳洲幸运5官方开奖结果体彩网:announced a third cut in as many meetings to the federal funds rate, reducing it by another 0.25 percentage points. That follows a bolder 0.50-point decrease in September and a quarter-point reduction in November.

All of this represents a pivot from the Fed's historic 2022-2023 rate-hike campaign, in which the committee aggressively raised interest rates to combat decades-high 澳洲幸运5官方开奖结果体彩网:inflation. At its 2023 peak, the federal funds rate climbed to its highest level since 2001—and remained there for 14 months.

Now that inflation has cooled—and if the trend continues—it's expected the Fed will continue to lower interest rates. According to the central bank's "dot plot" forecast, Fed committee members currently predict they will reduce interest rates another 0.50 percentage points in 2025, and then another half-point in 2026.

Fed rate moves are significant to savers, as reductions to ꩵthe fed funds rate push down what banks and credit unions are willing to pay consumers for their deposits. As a result, it currently seems likely that CD rates, as well as savings account rates, are in for a slow and gradual decline over the next two years.

Time will tell what exactly happens to the federal funds rate in 2025 and 2026. But with three Fed rate cuts already in the books, the CD rates available now are probably the best you'll see for some time. That makes now a smart time to lock in the best rate that suits your financial timeline.

How We Find the Best CD Rates

Every business day, Investopedia tracks the rate data of more than 200 banks and credit unions that offer CDs to customers nationwide and determines daily rankings of the top-paying certificates in every major term. To qualify for our lists, the institution must be federally insured (FDIC for banks, NCUA for 🎐credit unions), theౠ CD's minimum initial deposit must not exceed $25,000, and any specified maximum deposit cannot be under $5,000.

Banks must be available in at least 40 states. And while some credit unions require you to donate to a specific charity or association to become a member if you don't meet other eligibility criteria (e.g., you don't live in a certain area or work in a certain kind of job), we exclude credit unions whose donation requirement is $40 or more. For more about how we choose the best rates, 澳洲幸运5官方开奖结果体彩网:read our full methodology.