You might earn up to 4.20% APY. Check out the leading CD rates as of November 25, 2025.

The best CD rates offers up to 4.20% APY. This suggests you might secure favorable interest rates for an extended period by opening a certificate account today, contingent on the duration aligning with your fiscal objectives. With market projections indicating a potential for an additional Fed rate reduction within the current year, prompt action is advisable.

Today's top CD rates offer returns as high as 4.20%

Coins2Day collaborates with Curinos to track the leading rates presented by prominent U.S. Financial entities, assisting readers in pinpointing the most advantageous returns for Their Certificate of Deposit holdings. The foremost CD rate, standing at 4.20% APY, is provided by Newtek Bank for its six-month CD. Below are the premier CD rates currently accessible:

Pro tip

Looking for the best CD to fit your investment needs? See rates from top institutions:
–Wells Fargo
–Capital One
–Chase
–Bank of America
–Discover Bank
–Northern Bank Direct
–Ally Bank
–Newtek Bank
–Popular Direct
–Citibank
–Sallie Mae Bank

See how CD rates stack up at leading national financial institutions

There's a simple explanation if you're not acquainted with numerous bank names listed previously. Certificates of Deposit, by themselves, usually don't yield significant revenue for large financial corporations.

Major, nationwide financial institutions such as Chase, PNC, and U.S. Bank prioritize drawing in clients with higher-yield offerings, including loans and credit cards, instead of certificates of deposit. Consequently, the yields provided on CDs at these establishments frequently fall considerably short of what can be found at more modest local banks or digital platforms. Furthermore, to obtain a favorable rate from these larger entities, you might need to establish additional savings accounts or commit substantially larger initial deposits.

CD rates news 2025

Savers should understand that typical Certificate of Deposit yields tend to move in tandem with adjustments to the Federal Reserve's economic strategy, particularly variations in the federal funds rate. It's vital for individuals putting money into CDs to keep track of the central bank's policy movements to foresee possible yield modifications.

The Federal Reserve lowered the federal funds rate on three occasions last year, settling it within the 4.25%-4.50% range by December 2024. As inflation from the period following the pandemic began to subside, the nation's central bank decreased rates to support economic stability. Consequently, certificate of deposit yields dropped from their highest levels in twenty years following the Fed's rate reductions.

The 20-year peaks in CD returns stemmed from The Federal Reserve's interest rate increases during 2022 and 2023. Inflationary pressures were more intense than at any point since the early 1980s, largely due to the economic disturbances caused by the pandemic. From March 2022 through July 2023, the Fed implemented 11 rate hikes, moving them from zero to 5.25%-5.50%, in an effort to curb inflation.

Following a period of maintaining interest rates throughout much of 2025, the Federal Reserve ultimately reduced the federal funds rate to 4.00%-4.25% during its gathering on September 16-17, subsequently lowering it to 3.75%-4.00% at its session from October 28-29.

The Federal Open Market Committee (FOMC) is set to meet once more this year, with the upcoming meeting slated for Dec. 9-10.

Interest rates for Certificates of Deposit (CDs) remain close to their highest levels recently, offering an opportunity to secure favorable terms for both brief and extended durations. By investing a more substantial single deposit into your CD, you can realize significant returns on your interest.

Historical CD rates

In the early 1980s, CD rates soared into double digits, starkly contrasting today's rates. By 2019, however, the APY for a five-year CD was just above 3.00%.

During the initial years of the 2020s, the highest rates typically remained under 1.00% APY. A phase of increasing rates was observed recently, where the most attractive options for 1-year CDs surpassed 5.00% APY. These rates are starting to decline a bit, yet they continue to be considerably elevated compared to the period before the pandemic.

How to get a good CD rate

Establishing a "good" CD yield involves weighing the most attractive rate against your capacity to commit funds for the duration. For instance, a 5.00% APY CD spanning five years might prove unsuitable if you require earlier access to your money or if interest rates increase, resulting in a diminished profit. Typically, yields exceeding the national average are advantageous. Investigate rates offered by various financial institutions for your preferred duration to identify the optimal choice.

Key factors to evaluate when comparing CDs include:

• Term length: Ensure it matches your savings goals and timeline.
• APY: Higher rates are usually offered for longer terms.
• Penalties: Understand the costs associated with early withdrawals.
• Minimum deposit: Ensure you meet the required minimum balance.
• Deposit insurance: Confirm protection from The Federal Deposit Insurance Corp. (FDIC) or the National Credit Union Administration (NCUA).

Additionally, digital financial institutions commonly provide more favorable interest rates—however, verify any minimum deposit stipulations and related charges. Selecting a bank over an intermediary could assist in sidestepping superfluous charges.

Explore what online banks have to offer

Digital banks and financial technology firms (fintechs) generally provide more favorable interest rates compared to traditional national banks. Major financial corporations primarily earn income from the interest accrued on loans, various charges, and investments in financial instruments.

Smaller financial institutions and digital payment firms draw in new clientele by presenting appealing annual percentage yields on savings. Furthermore, internet-based banks typically incur reduced operational expenses, allowing them to extend more favorable percentages to their patrons.

Set up a CD ladder

CD ladders are a great choice for individuals hesitant to commit their funds for extended durations. By distributing your savings among Certificates of Deposit with different maturity dates, you can benefit from both immediate availability and superior long-term yields.

An example strategy involves placing $3,000 into three Certificates of Deposit with staggered maturity dates: one-year, two-year, and three-year. Upon each CD's maturity, the funds can be rolled over into a new three-year CD. This approach allows for yearly access to your capital and its accrued interest.

Various kinds of CDs you ought to be aware of

Different types of CDs serve various needs:

• Brokered CDs are acquired and traded via brokerage accounts instead of directly from financial institutions like banks or credit unions. Brokerage-issued certificates of deposit usually provide superior annual percentage yields compared to conventional CDs, as they originate from banks before being distributed to brokerage firms.
• Callable CDs feature a call option enabling the issuing entity to end the CD prior to its scheduled maturity. Should this option be utilized, bondholders will be reimbursed their principal along with any interest accumulated until the call date.
• Bump-up CDs let you seek an increased APY should interest rates climb post-account opening. Typically, you can modify the rate a couple of times throughout the CD's duration.
• No-penalty CDs there are no penalties for withdrawing funds before the maturity date. This particular kind is not as prevalent and might provide reduced annual percentage yields compared to standard Certificates of Deposit.
• Jumbo CDs necessitate a substantial initial investment, frequently beginning with $100,000 or exceeding that amount. These typically provide superior annual percentage yields compared to conventional certificates of deposit.
• Variable-rate CDs feature an annual percentage yield that fluctuates based on current interest rate conditions. These certificates of deposit involve greater exposure compared to conventional CDs, as a decline in interest rates prior to their maturity date might result in a diminished return.

Cassie Bottorff, a former Coins2Day editor, developed a series focusing on daily CD rates. Glen Luke Flanagan, Editor of Evergreen Content, has updated this particular edition.