CD rates today, March 15, 2025 (up to 4.50% APY)

CD rates vary widely through financial institutions, so it is important to ensure that you get the best possible price when shopping in a pressed disk. Below is a collapse of CDs rates today and where you find the best offers.

Historically, long -term CDs have provided higher interest rates than CDs in the shorter term. In general, this is because banks will pay better prices to encourage savings to keep their money to deposit for a longer period. However, in the economic climate today, the opposite is true.

See our choices for the best CD accounts available today >>

Today, the highest CD 4.50 % APY rate, presented by Marcus by Goldman Sachs on the 14 -month CD. There are $ 500 to deposit the opening required.

Lindingclub also offers 4.50 % APY on a 10 -month CD with a minimum deposit of $ 2500.

Below is a look at some of the best compressed tablets available today from our checked partners:

The amount of interest you can gain from a compressed disk depends on the percentage of the annual percentage (APY). This is a measure of your total profits after one year when considering the basic interest rate and the number of interest compounds (increases the interest of the CD daily or monthly).

Suppose you invest $ 1,000 in a one -year compressed disk with 1.81 % APY, and interest compounds per month. At the end of that year, your balance will grow to $ 1,018.25 – your initial deposit is $ 1,000, in addition to $ 18.25 at interest.

Now, suppose you choose a one -year compressed disk provides 4 % APY instead. In this case, your balance will grow to $ 1,040.74 during the same period, which includes $ 40.74 in interest.

The higher the number of deposits in a pressed disk, the more it will stand on you. If we take the same example of a 4 % APY compressed disk, but deposit $ 10,000, your total balance when the CD is 10,407.42 dollars, which means you will earn $ 407.42 at interest. ​​

Read more: What is a good disk rate?

When choosing a pressed disk, the interest rate is usually above the mind. However, the rate is not the only factor you should think. There are several types of CDs that provide different benefits, although you may need to accept a slightly lower interest rate for more flexibility. Below is a look at some common types of CDs that you can consider beyond the traditional CDs:

• Disk: This type of CD allows you to request a higher interest rate if your bank prices rise during the account period. However, you are usually allowed to “photograph” your rate only once.

• A pressing disk does not regret: It is also known as a liquid code, and the type of disk gives you the option to withdraw your money before entitlement without paying a penalty.

• Jumbo: These CDs require a higher deposit (usually $ 100,000 or more), and often offers a higher interest rate in return. However, in the environment of the CD rate today, the difference between traditional CD rates and Jumbo may not be a lot.

• Disk: As the name suggests, these CDs are purchased through mediation instead of the bank directly. CDs that are sometimes expanded can provide higher rates or more flexible terms, but they also carry more risks and may not be secure from FDIC.