Best CD Rates This Week, Sept. 6, 2025: Up to 4.54% APY
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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.
Featured offers
LendingClub CD
On LendingClub's Secure Website.
Discover® Bank CD
On Discover Bank's Secure Website.
Best CD rates this week, Sept. 6, 2025
| Bank | Term | APY | Minimum Deposit |
|---|---|---|---|
| Climate First Bank | 8 Months | 4.54% | $500 |
| DR Bank | 6 Months | 4.51% | $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 |
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 4.45% 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.
LendingClub CD
On LendingClub's Secure Website.
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:
- 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.
- 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.
- 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.
- 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.
- 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 4.26% APY, which is right up there with the best CDs.
NexBank High-Yield Savings Account from Raisin
= Best
= Excellent
= Good
= Fair
= Poor
= Best
= Excellent
= Good
= Fair
= Poor- 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 | |
SoFi Checking and Savings
Member FDIC.
APY
up to 4.50%
Rate info
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.
Min. to earn
$0
Open Account for SoFi Checking and Savings
On SoFi's Secure Website. |
up to 4.50%
Rate info
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
|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website. |
Discover® Online Savings
Member FDIC.
APY
3.50%
Min. to earn
$0
Open Account for Discover® Online Savings
On Discover Bank's Secure Website. |
3.50%
|
$0
|
Open Account for Discover® Online Savings
On Discover Bank's Secure Website. |
Western Alliance Bank High-Yield Savings Premier
Member FDIC.
APY
4.20%
Rate info
The annual percentage yield (APY) is accurate as of September 17, 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
Open Account for Western Alliance Bank High-Yield Savings Premier
On Western Alliance Bank's Secure Website. |
4.20%
Rate info
The annual percentage yield (APY) is accurate as of September 17, 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
|
Open Account for Western Alliance Bank High-Yield Savings Premier
On Western Alliance Bank's Secure Website. |
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.
The annual percentage yield (APY) is accurate as of September 17, 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.
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Sources
FAQs
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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 year, new CDs will likely pay less. Locking in now means you keep today's return all the way through your CD's term.
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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.
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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.
Our Research Expert
James McClenathen is a full-time Managing Editor and Personal Finance Writer at Motley Fool Money, overseeing the production and quality of editorial content while also writing about credit cards, investing, and everyday money management. He has worked at The Motley Fool since 2012 and brings extensive experience as an editor, reporter, and finance expert. A graduate of the University of Michigan, James has spent more than a decade of his career helping readers make smarter financial decisions.