Best CD Rates This Week, Sept. 13, 2025: With Rate Cuts Looming, Lock In up to 4.54% APY Now

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. APY = Annual Percentage Yield.

CD rates have stayed high for most of the year -- but that run could be coming to an end. The Fed's next meeting wraps up in just a few days, and a rate cut seems all but guaranteed.

That means this might be your last chance to lock in a top CD rate before they start to drop. A CD can help you hold onto today's higher yields and grow your savings at a fixed rate for the months or years ahead.

Here are some of the best CD rates you can get this week.

Rates as of Sept. 30, 2025

LendingClub CD

Member FDIC.
APY:
4.45%
Term:
8 Months
Min. Deposit:
$500
Open Account for

On LendingClub's Secure Website.

Discover® Bank CD

Member FDIC.
APY:
3.50%
Term:
6 Months
Min. Deposit:
$0
Open Account for

On Discover Bank's Secure Website.

Best CD rates this week, Sept. 13, 2025

Bank Term APY Minimum Deposit
Climate First Bank 8 Months 4.54% $500
LendingClub 8 Months 4.45% $500
Marcus by Goldman Sachs 6 Months 4.40% $500
Brilliant Bank 9 Months 4.35% $1,000
United Fidelity Bank 60 Months 4.30% $1,000
Data source: Issuing banks. Rates are accurate as of Sept. 12, 2025.

Every CD on our list is offered by an FDIC-insured bank, which means your money is protected up to $250,000. The best fit for you depends on two things: how much you want to deposit and how long you're comfortable locking it away.

If you'd rather keep things short, Climate First Bank is paying 4.54% APY on an 8-month CD with just a $500 minimum. Looking for something steadier over the long haul? United Fidelity's 5-year CD comes in at 4.30% APY with a $1,000 minimum.

Featured CD: LendingClub's 8 Mo. CD pays 4.45% APY and has a $500 minimum deposit. It's long enough to protect your savings from inflation and potential rate cuts, yet short enough to keep your cash within reach.

Rates as of Sept. 30, 2025

LendingClub CD

Member FDIC.
APY:
4.45%
Term:
8 Months
Min. Deposit:
$500
Open Account for

On LendingClub's Secure Website.

Is a CD the right move for you now?

If you've got some cash you won't need right away, a certificate of deposit (CD) could be a smart way to grow it. CDs are designed for money you can set aside for a while -- whether that's a few months or a few years -- without dipping into it.

You might want to open a CD if:

  • You've already built an emergency fund (three to six months of expenses) in a high-yield savings account.
  • You're already on track with long-term goals like retirement and using investments like index funds or IRAs to get there.
  • You want stable, no-surprises growth and don't want to ride the ups and downs of the stock market.

CDs come with fixed returns and are protected by FDIC insurance. So if you're looking for a low-risk place to stash your savings, opening a CD now could be a smart, stress-free move.

Example: How $25,000 can grow to $30,857

With a CD, there's no guessing game -- you know exactly what your balance will be when the term ends.

For instance, a $25,000 deposit in United Fidelity's 60-month CD would turn into about $30,857 after five years. That's $5,857 in guaranteed earnings, all without lifting a finger.

And if rates drop between now and 2030, you'll be glad you locked in today's higher return while it was available.

Open a CD in just 5 steps

Opening a CD doesn't take much time -- and it could help your savings grow faster. Here's how to get started:

  1. Compare rates. Start by looking at CD rates across multiple banks. Online banks often have some of the highest yields, so don't overlook them when you shop around.
  2. Choose your deposit. Most CDs don't allow you to add funds later, and early withdrawals usually come with penalties. Pick an amount you're comfortable leaving untouched for the entire term.
  3. Open the CD. You can apply online or visit a branch in person. Have your basics ready -- like your ID, Social Security number, and account info for funding.
  4. Transfer your money. Move funds from a checking or savings account into your new CD. Once the transfer is complete, your rate and term are locked in.
  5. Remember your maturity date. Set a reminder for when your CD ends. That's when you'll decide whether to cash out or roll your savings into a new CD.

That's all it takes -- five quick steps to secure a strong, fixed return. Want in? Click here to see today's best CD rates.

Earn more without locking up your cash

High-yield savings accounts (HYSAs) are a smart way to grow your money while keeping it within reach. Some of the top accounts today are offering APYs that rival even the best CDs.

What makes them stand out? You can move money in or out anytime -- no penalties, no waiting.

Just keep in mind: HYSA rates aren't guaranteed. They can go up or down without warning, unlike CDs, which lock in your rate for the full term.

One clear standout now is NexBank High-Yield Savings Account from Raisin. This top-rated account pays 4.26% APY, which is right up there with the best CDs.

Rates as of Oct 02, 2025

NexBank High-Yield Savings Account from Raisin

Member FDIC.
4.60/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.60/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Limited-time Offer
New customers: Earn $75-$1,000 bonus with deposits of $10k-$100k+ with code EASY Circle with letter I in it. New customers: earn up to $1,000 when you open a savings account through the Raisin platform with code EASY and make a qualifying deposit within 14 days of your first deposit. Bonuses are tiered: $75 for deposits of $10,000–$24,999, $250 for $25,000–$49,999, $500 for $50,000–$99,999, and $1,000 for deposits of $100,000 or more. To receive the bonus, deposits must be maintained for 90 days. Offer ends November 30, 2025.
APY
4.26%
Min. To Earn APY
$1
  • High APY
  • No monthly service fee
  • Unlimited ACH transfers
  • FDIC insured
  • Deposits and withdrawals can only be conducted via ACH transfer to/from an external bank account (limited to one linked external account)
  • No checking account offered through Raisin
  • No branch access; online only

With a 4.26% APY -- one of the highest rates on any account we recommend -- the NexBank High-Yield Savings Account from Raisin stands out for savers who want serious returns with minimal effort. You only need $1 to open, and FDIC insurance through NexBank keeps your money protected. Raisin's secure online platform gives you 24/7 access to funds, and there's even a cash bonus opportunity if you deposit at least $10,000 within 14 days -- with higher deposits earning bigger rewards, up to $1,000. It's a no-fuss, set-it-and-forget-it option for growing your savings at a top rate.

Our Picks for the Best High-Yield Savings Accounts of 2025

Product APY Min. to Earn
up to 4.50%
Rate info Circle with letter I in it. Earn up to 4.50% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.80% APY as of 8/5/25) for up to 6 months. Open a new SoFi Checking & Savings account with Eligible Direct Deposit by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.
$0
3.40%
$0
Open Account for Discover® Online Savings

On Discover Bank's Secure Website.

4.10%
Rate info Circle with letter I in it. The annual percentage yield (APY) is accurate as of September 30, 2025 and subject to change at the Bank’s discretion. Refer to product’s website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY.
$500 to open, $0.01 for max APY
Disclaimers

The annual percentage yield (APY) is accurate as of September 30, 2025 and subject to change at the Bank’s discretion. Refer to product’s website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY.

To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code TMF925 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 03/12/2026, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank.

FAQs

  • Rates are still among the best we've seen in years, but they may not stay this high for long. If the Fed cuts rates later this week as expected, new CDs will likely pay less. Locking in now means you keep today's return all the way through your CD's term.

  • Yes. Certificates of deposit are one of the safest places to keep your money. Your deposits are insured by the FDIC (or NCUA if you use a credit union) up to $250,000 per person, per bank. That means even if the bank fails, your money is protected.

  • You can, but there's usually a penalty. When you open a CD, you agree to leave your money in for a set time -- like 6 months or a year. If you need it before then, the bank will likely charge you some of the interest you've earned. That's why CDs are best for money you don't plan to touch right away.

Our Research Expert