Top CDs Today, May 12, 2025 - Highest Rate in the Country Is 4.50%, Lockable Until Fall 2026

Published May 12, 2025

Key Takeaways

With the Fed holding interest rates steady again last week, you still have ten choices for locking in the top nationwide rate of 4.50%.
The shortest option at that tip-top rate is a 3-month certificate from PonceBankDirect, while the longest 4.50% offer is 澳洲幸运5官方开奖结果体彩网:XCEL Federal Credit Union's 18-month CD.
Alternatively, you can grab a 4.40% rate from 澳洲幸运5官方开奖结果体彩网:PenAir Credit Union that's guaranteed for 21 months, locking your rate until early 2027.
Want to secure your APY even longer? The top rates for 3-year through 5-year certificates range from 4.28% to 4.32%.
While the Fed isn't yet ready to restart rate cuts, reductions are ultimately expected in 2025. So locking in one of 澳洲幸运5官方开奖结果体彩网:today's top CD rates is likely smart in today's uncertain economy.

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

A 4.50% Rate You Can Enjoy Until Late 2026

The best CD rate in the nation continues to be 4.50%—and you have plenty of ways to lock that in. The shortest option with that return is a 3-month certificate available from 澳洲幸运5官方开奖结果体彩网:PonceBankDirect. Then, eight institutions offer 4.50% for terms of 6 to 13 months. At the longest end, 澳洲幸运5官方开奖结果体彩网:XCEL Federal Credit Union will guarantee its 4.50%✃ APY for 18 months, which would secure your return until Novembe♐r 2026.

CD Terms	Friday's Top National Rate	Today's Top National Rate	Day's Change (percentage points)	Top Rate Provider
3 months	4.50%	4.50%	No change	澳洲幸运5官方开奖结果体彩网:PonceBankDirect
6 months	4.50%	4.50%	No change	Six institutions
1 year	4.50%	4.50%	No change	澳洲幸运5官方开奖结果体彩网:Greenwood Credit Union and 澳洲幸运5官方开奖结果体彩网:Elements Financial
澳洲幸运5官方开奖结果体彩网:18 months	4.50%	4.50%	No change	澳洲幸运5官方开奖结果体彩网:XCEL Federal Credit Union
2 years	4.40%	4.40%	No change	澳洲幸运5官方开奖结果体彩网:PenAir Credit Union
3 years	4.32%	4.32%	No change	澳洲幸运5官方开奖结果体彩网:Genisys Credit Union
4 years	4.28%	4.28%	No change	澳洲幸运5官方开奖结果体彩网:Lafayette Federal Credit Union
5 years	4.28%	4.28%	No change	澳洲幸运5官方开奖结果体彩网:Lafayette Federal Credit Union

To view the top 15–20 nationwide rates in any term, click on the desired term length in the left column above.

All Federally Insured Institutions Are Equally Protected

Your deposits at any FDIC bank or NCUA credit union are federally insured, meaning you're protected by the U.S. government in the unlikely case that the institution fails. Not only that, but the cov⛄erage is identical—deposits are insured✱ up to $250,000 per person and per institution—no matter the size of the bank or credit union.

Consider Longer-Term CDs to Guarantee Your Rat🐽e Further Down t✃he Road

For a rate lock you can enjoy for almost two years, 澳洲幸运5官方开奖结果体彩网:PenAir Credit Union is paying 4.40% APY for 21 months, promising its rate until February 2027. Or, stretch your guarantee further by taking a slightly lower APY of 4.32%, available for 30 months from 澳洲幸运5官方开奖结果体彩网:Genisys Credit Union.

Savers who want to stash their money away for even longer might like the leading 4-year or 5-year certificates. You can lock in a 4.28% rate for 4 years from 澳洲幸运5官方开奖结果体彩网:Lafayette Federal Credit Union. In♉ fact, Lafayette promises the same 4.28% APY on all its certificates from 7 months through 5 years, lett🎃ing you secure that rate as far as 2030.

Multiyear CDs are likely smart right now, given the possibility of Fed rate cuts in later 2025, and perhaps also in 2026. The central bank lowered the 澳洲幸运5官方开奖结果体彩网:federal funds rate by a full percentage point lಌast fall, and could restart rate cuts in the coming months. While any interest-rate reductions from the Fed will 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 highest CD rates push briefly to 6%, while today's leading rate is down to 4.50%. But 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.

Jumbo CDs Beat Regular CDs in 4 Terms

Jumbo CDs require much larger deposits and sometimes pay premium rates—but not always. In fact, the 澳洲幸运5官方开奖结果体彩网:best jumbo CD rates right now are the same or lower than the top standard r൩ates in four of the eight CD terms we track.

Among 1-year and 18-month CDs, the top standard and top jumbo CDs pay the sameꩵ rate of 4.50% APY. Meanwhile, institutions are offering higher jumbo rates in the following teꦫrms:

6 months: 澳洲幸运5官方开奖结果体彩网:Credit One Bank offers 4.55% for a 6–7 month jumbo CD vs. 4.50% for the highest standard rate.
3 years: 澳洲幸运5官方开奖结果体彩网:Hughes Federal Credit Union offers 4.34% for a 3-year jumbo CD vs. 4.32% for the highest standard rate.
4 years: 澳洲幸运5官方开奖结果体彩网:Lafayette Federal Credit Union offers 4.33% for a 4-year jumbo CD vs. 4.28% for the highest standard rate.
5 years: Both 澳洲幸运5官方开奖结果体彩网:GTE Financial and Lafayette Federal Credit Union offer 4.33% for jumbo 5-year CDs vs. 4.28% for the highest standard rate.

That makes it🏅 smart to always check both typesꦛ of offerings when CD shopping. If your best rate option is a standard CD, simply open it with a jumbo-sized deposit.

CD Term	澳洲幸运5官方开奖结果体彩网:Today's Top National Bank Rate	澳洲幸运5官方开奖结果体🉐彩网:Today's T🦩op National Credit Union Rate	澳洲幸运5官方开奖结果体彩网:Today's Top National Jumbo Rate
3 months	4.50%*	4.40%	4.11%
6 months	4.50%	4.50%	4.55%*
1 year	4.40%	4.50%*	4.50%*
18 months	4.35%	4.50%*	4.50%*
2 years	4.25%	4.40%*	4.33%
3 years	4.10%	4.32%	4.34%*
4 years	4.10%	4.28%	4.33%*
5 years	4.15%	4.28%	4.33%*

*Indicates the highest APY offered in each term. To view our lists of the top-paying CDs across terms for bank, credit union, and jumbo certificates, click on the column headers above.

Where Are CD Rates Headed in 2025?

In December, the Federal Reserve 澳洲幸运5官方开奖结果体彩网:announced a third rate cut to the federal funds rate in as many meetings, reducing it a full percentage point since September. But in 澳洲幸运5官方开奖结果体彩网:its announcement last week, the♋ central bank has opted to hold rates steady at all three of its 2025 meetings to date.

The Fed's rate cuts last year represented a pivot from the central bank's historic 2022–2023 rate-hike campaign, in which the committee aggressively increased 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 nearly 14 months.

Fed rate moves are significant to savers, as any reductions to the fed funds rate push down the rates that banks and credit unions are willing to pay consumers for their deposits. Both CD rates and 澳洲幸运5官方开奖结果体彩网:savings account rates reflect these changes to the fed funds rate.

Time will tell what exactly will happen to the federal funds rate in 2025 and 2026—as 澳洲幸运5官方开奖结果体彩网:tariff activity from the Trump administration has paused the Fed's course as policymakers await clear data. But with more Fed rate cuts possibly arriving later this year, today's CD rates could be the best you'll see in a while—making now a smart time to lock in the best rate that suits your personal timeline.

Daily Rankings of the Best CDs and Savings Accounts

We updatꦯe these rankings every business day to give you the best deposit rates available:

Important

Note that the "top rates" quoted here are the highest nationally available rates Investopedia has identified in its daily rate research on hundreds of banks and credit unions. This is much different than the national average, which includes all banks offering a CD with that term, including many large banks that pay a pittance in interest. Thus, the national averages are always quite low, while the top rates you can unearth by shopping around are often 5, 10, or even 15 times higher.

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 unio✃ns), the CD's minimum initial ඣdeposit 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.

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