Best CD Rates This Week, Sept. 6, 2025: Up to 4.54% APY

CD rates have held strong this year, but that streak might be ending soon. Many analysts expect the Fed to start cutting rates after its next meeting wraps up just a little over a week from now on Sept. 17.

That's why now could be a great time to lock in a CD. It lets you secure today's higher yields before they start to slip -- and keeps your savings growing at a guaranteed rate for months or even years.

Below, you'll find some of the best CD rates available this week.

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Best CD rates this week, Sept. 6, 2025

The CDs on our list all come from FDIC-insured banks, so your deposits are protected up to $250,000. How long you're willing to lock in your cash and how much you plan to deposit will help decide which is the best option for you.

Prefer a short-term CD? Climate First Bank has the highest APY right now -- 4.54% for eight months -- and it only requires a $500 minimum. Playing the long game? United Fidelity is offering 4.30% APY on a 5-year CD with a $1,000 minimum deposit.

Featured CD: LendingClub's 8 Mo. CD pays 4.10% 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.

Should you open a CD right now?

Got extra cash you won't need soon? A certificate of deposit (CD) might be a smart way to put it to work. CDs are ideal for money you can leave untouched for a set period -- anywhere from a few months to a few years.

A CD could be a good fit if:

• You already have a solid emergency fund in a high-yield savings account (think three to six months of expenses).
• You're making progress on long-term goals like retirement using investments like index funds or IRAs.
• You prefer guaranteed growth over market swings.

CDs offer fixed returns and come with FDIC insurance -- covering up to $250,000 per depositor, per bank. If you're looking for low risk and reliable returns, locking in a CD now could bring peace of mind and a solid payout.

Example: Grow $25,000 into $25,736 in 8 months

The appeal of CDs is simple -- certainty. From the moment you open one, you'll know exactly what your balance will be when the term ends.

Take LendingClub's 8-month CD as an example. A $25,000 deposit would grow to about $25,736 by maturity. That's $736 in guaranteed earnings on a short timeline, with zero effort.

And with interest rates likely to drop again before the end of next year, locking in today's higher yield could put you ahead. Read our full LendingClub CD review to find out more and lock in your rate today.

Lock in a top CD rate in 5 steps

Opening a CD is quick, simple, and can be done entirely online or in person at a bank. Here's how to get started:

1. Shop around for the best rate. Not all CDs are created equal. Compare rates across banks and credit unions, especially online banks -- they often offer higher yields than traditional ones.
2. Pick your deposit amount. CDs are a one-time deposit deal. You can't add more money later, and if you pull it out early, there's usually a penalty. So choose an amount you're comfortable setting aside for the full term.
3. Apply for your CD. Whether you open it online or at a branch, you'll need to provide some personal info -- like your ID, Social Security number, and banking details.
4. Fund the account. Transfer money from an existing account to your new CD. Once it's funded, your interest rate and term are locked in.
5. Mark your calendar. Take note of your CD's maturity date so you're ready when it ends. That's your chance to withdraw the money -- or roll it into a new CD.

And that's it. Five simple steps to lock in a solid return. Ready to earn more on your savings? Click here to see today's best CD rates.

Earn more without tying up your money

A high-yield savings account (HYSA) gives you flexibility and growth at the same time. Top accounts right now offer APYs that stack up well against leading CDs.

The big advantage? You can deposit or withdraw whenever you need -- no waiting, no fees.

The catch is that HYSA rates aren't fixed. They can rise or fall at any time, unlike a CD, which locks in your return until the term ends.

One standout account right now is NexBank High-Yield Savings Account from Raisin. This top-rated account pays 4.12% APY, which is right up there with the best CDs.

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

Account	APY	Bonus	Next Steps
Open Account for SoFi Checking and Savings On SoFi's Secure Website. Member FDIC. 4.90/5 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	up to 4.30% Rate info Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25) for up to 6 months. Open a new SoFi Checking & Savings account and enroll in SoFi Plus by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC. Min. to earn: $0	Earn up to $300 and +0.70% Boost on Savings APY with direct deposit. Terms apply. Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25) for up to 6 months. Open a new SoFi Checking & Savings account and enroll in SoFi Plus by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.	Open Account for SoFi Checking and Savings On SoFi's Secure Website.
Open Account for CIT Platinum Savings On CIT's Secure Website. Member FDIC. 4.60/5 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	3.85% Rate info 3.85% APY for balances of $5,000 or more; otherwise, 0.25% APY Min. to earn: $5,000	Earn a bonus of up to $300 after a one-time deposit of $25,000+ This limited-time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025, and can end at any time without notice. Customers will receive a $225 or a $300 bonus provided that the program requirements are met. Click here to see promotion details and terms: https://www.cit.com/cit-bank/platinum-savings/PS2025	Open Account for CIT Platinum Savings On CIT's Secure Website.
Open Account for Western Alliance Bank High-Yield Savings Premier On Western Alliance Bank's Secure Website. Member FDIC. 4.40/5 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	4.05% Rate info The annual percentage yield (APY) is accurate as of November 6, 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. Min. to earn: $500 to open, $0.01 for max APY	N/A	Open Account for Western Alliance Bank High-Yield Savings Premier On Western Alliance Bank's Secure Website.

Disclaimers

Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. *APYs — Annual Percentage Yields are accurate as of September 23, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 3.85% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.

Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of September 15, 2025.

For complete list of account details and fees, see our Personal Account disclosures.

The annual percentage yield (APY) is accurate as of November 6, 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.

Accurate as of the time of publication. The national average rate referenced is from the FDIC's published National Rates and Rate Caps for Savings deposit products, accurate as of October 20, 2025. See the website for more information.