Key Takeaways
Want to maximize your money in 2025?
Now’s the time to open a certificate of deposit.
Unlike savings rates, which can change at any time, CD rates are fixed.
And in a falling-rate environment like today’s, that’s especially valuable.
put in your information below to get CNET’s partners' best rate for your area.
When it cuts this rate, banks drop these APYs.
But the top APY – 4.70% – is still more than double thenational averagefor some terms.
We evaluated CD rates from more than 50 banks, credit unions and financial companies.
We evaluate CDs based on APYs, product offerings, accessibility and customer service.
*APYs as of Jan. 6, 2025, based on the banks we track at CNET.
Earnings are based on APYs and assume interest is compounded annually.
**Weekly percentage increase/decrease from Dec. 30, 2024, to Jan. 6, 2025.
