svetikd / Getty Images
- Takeaways
- Rates as low as 4.50% and as high as 4.65% can be guaranteed as far as 2026
- All Institutions Federally Insured Are Equally Protection
- Consider CDs that are longer-term to secure your rate further into the future
- Today's Best CDs Still Pay Historically High Returns
- In just one term, Jumbo CDs outsell regular CDs
- What is the future of CD rates?
- Rankings of the best CDs and savings accounts every day
- You can also read about the importance of this in
- How we find the best CD rates
Takeaways
- The top 2-year offer has increased from 4.30% to 4.4% today. Veridian Credit Union provides this guarantee and locks your rate in for 24 full months.
- Two institutions offer the best rate in the country, 4.65%. INOVA Federal Credit Union, OMB and OMB each guarantee the APY for seven months.
- For a rate locked into 2026, both Abound Credit Union and Vibrant Credit Union pay 4.60%—for 10 months or 13 months, respectively.
- Want a longer rate guarantee? The top CDs offer rates between 4% and 5% for terms ranging from 3 to 5 year.
- The Fed is still in a “wait and see” mode in regards to 2025 rate reductions. It’s a good idea to lock in today’s best CDs, given the uncertain economy.
Below you'll find featured rates available from our partners, followed by details from our ranking of the best CDs available nationwide.
Rates as low as 4.50% and as high as 4.65% can be guaranteed as far as 2026
The top CD rate in the nation, 4.65%, remained unchanged today. INOVA Federal Credit Union (INOVA) and OMB (OMB) both offer the APY of 4.65% for 7 months. This will lock in your return until the fall.
Two top CDs offer 4.60% if you want to extend your rate lock beyond 2026. Abound Credit Union is offering this rate for 10 months while Vibrant Credit Union is matching that APY over 13 months.
Four other nationwide certificates pay a minimum of 4.55%. Their longest term is thirteen months. Or, you can stretch to XCEL Federal Credit Union’s 18-month Certificate. This would guarantee a 4.50% rate of return until October next year.
| CD Terms | Yesterday'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 | Three institutions |
| 6 months | 4.65% | 4.65% | No change | INOVA Federal Credit Union (OMB) |
| 1 year | 4.60% | 4.60% | No change | Abound Credit Union and Vibrant Credit Union |
| 18 months | 4.50% | 4.50% | No change | XCEL Federal Credit Union |
| 2 Years | 4.30% | 4.40% | +0.10 | Veridian Credit Union |
| 3 Years | 4.32% | 4.32% | No change | Genisys Credit Union |
| 4 years | 4.40% | 4.40% | No change | Vibrant Credit Union |
| 5 Years | 4.40% | 4.40% | No change | Transportation Federal Credit Union |
All Institutions Federally Insured Are Equally Protection
Your deposits are insured by the federal government if the institution fails. Not only that, but the coverage 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 CDs that are longer-term to secure your rate further into the future
Veridian Credit Union pays 4.40% for a rate lock that you can enjoy until 2027. Genisys Credit Union is the leader in the 3-year term with 4.32% APY for 30 months.
Customers who are looking for a longer warranty may prefer the top 4-year or 5-year certificate. Vibrant Credit Union is paying 4.40% APY for 48 months, while Transportation Federal Credit Union promises that same rate for 60 months—ensuring you’d earn well above 4% all the way until 2030.
Multi-year CDs may be a smart investment right now, considering the possibility of Fed rate reductions in 2025 or 2026. The central banks has lowered its federal funds rate by an entire percentage point and could cut it further this year. The Fed’s interest rate reductions will lower bank APYs, but a CD rate that you secure today will remain yours until it matures.
Today's Best CDs Still Pay Historically High Returns
It's true that CD rates are no longer at their peak. The best CDs offer a fantastic return despite this pullback. The best CD rates in October 2023 were above 6%. However, the current leading rate is only 4.65%. Compare that with early 2022, when the Federal Reserve started its campaign of rate hikes. The highest interest rate you could earn on the best CDs was 0.70% APY.
In just one term, Jumbo CDs outsell regular CDs
Jumbo CDs require much larger deposits and sometimes pay premium rates—but not always. In fact, in all but two term tracks the best jumbo CD rate is lower than the standard CD rate. Hughes Federal Credit Union offers a 3-year CD at 4.34% compared to 4.32% standard rate. The top 18-month standard CD and top jumbo pay the same rate, 4.50%.
When CD shopping, it is wise to always compare both types of offers. If your best option is to buy a standard CD, you can open it by paying a large deposit.
| CD Term | Today’s top National Bank Rate | Today’s top National Credit Union Rate | Today’s National Jumbo Rate |
| 3 months | 4.50%* | 4.50%* | 4.11% |
| 6 months | 4.65%* | 4.65%* | 4.55% |
| 1 year | 4.50% | 4.60%* | 4.55% |
| 18 months | 4.35% | 4.50%* | 4.50%* |
| 2 years | 4.25% | 4.40%* | 4.33% |
| 3 Years | 4.15% | 4.32% | 4.34%* |
| 4 years | 4.15% | 4.40%* | 4.33% |
| 5 Years | 4.15% | 4.40%* | 4.33% |
What is the future of CD rates?
In December, the Federal Reserve announced its third rate cut in as many meetings. It was a reduction of a full percentage since September. In January and March, however, the central banks declined to further reduce the benchmark rate.
The Fed’s three 2024 rate cuts represented a pivot from the central bank’s historic 2022–2023 rate-hike campaign, in which the committee aggressively raised interest rates to combat decades-high 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 changes are important for savers because they reduce the rates that banks and credit unions will pay consumers to deposit their money. The fed funds rate is reflected in both CD rates and savings accounts.
Time will tell what exactly will happen to the federal funds rate in 2025 and 2026—and economic policies from the Trump administration have the potential to alter the Fed's course. But with more Fed rate cuts possibly arriving this year, today's CD rates could be the best you'll see for some time—making now a smart time to lock in the best rate that suits your personal timeline.
Rankings of the best CDs and savings accounts every day
We update this ranking every day of the week to provide you with the best rates for deposits.
- Best 3-Month Rates
- Best 6-Month CD rates
- Best 1-Year Cd Rates
- Best CD Rates for 18-Months
- Best 2-Year CD rates
- Best 3-Year Rates on CD
- Best 4-Year Rates
- Best 5-Year Rates on CDs
- Best High-Yield Savings accounts
- Best Money Market Accounts
You can also read about the importance of this in
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 different from the national average that includes all banks that offer a CD in that term. Many large banks pay pittances of interest. The national averages will always be low, but the rates you can find by shopping around could be five, 10 or even 15 times more.
How we find the best CD rates
Investopedia monitors the rates of more than 200 banks, credit unions and other institutions that offer CDs in the United States and determines the daily rankings of the highest-paying certificates for each major term. To qualify for our lists, the institution must be federally insured (FDIC for banks, NCUA for credit unions), the CD’s minimum initial deposit must not exceed $25,000, and any specified maximum deposit cannot be under $5,000.
Banks are required to be available in 40 states. Some credit unions may require you to donate to an association or charity to become a part of their organization if you do not meet other criteria (e.g. you do not live in a particular area or have a specific job). We exclude credit unions that require a donation of $40 or more. Read our methodology to learn more about how we select the best rates.
Article Sources Investopedia requires that writers use primary sources in order to support their work. These include whitepapers, government data, original reports, and interviews with experts in the industry. Where appropriate, we also reference original research by other reputable publishers. Learn more about our standards for producing accurate and unbiased content by visiting our Editorial policy
Federal Reserve Board. "Open Market Operations."
Federal Reserve Board. "Federal Reserve Issues FOMC Statement, Jan. 29, 2025."
Federal Reserve Board. "Federal Reserve Issues FOMC Statement, March 19, 2025."
