Best CD Rates Today, Nov. 7, 2025: APYs up to 4.34% Won't Last Long
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We're just now a full week into November, and CD rates are already slipping. The Fed's second rate cut of the year -- announced just last week -- is starting to ripple through, and more banks may lower their APYs soon.
If you've been thinking about opening a CD, now's a good time to act. A fixed rate can help you lock in today's higher yields and keep your savings growing -- even if rates fall further.
Here are some of the best CD offers still available right now.
Featured offers
Synchrony Online CD
On Synchrony Bank's Secure Website.
LendingClub CD
On LendingClub's Secure Website.
Discover® Bank CD
On Discover Bank's Secure Website.
Best CD rates today, Nov. 7, 2025
| Bank | Term | APY | Minimum Deposit |
|---|---|---|---|
| Climate First Bank | 6 Months | 4.34% | $500 |
| United Fidelity Bank | 60 Months | 4.30% | $1,000 |
| United Fidelity Bank | 48 Months | 4.25% | $1,000 |
| Bread Savings | 6 Months | 4.20% | $1,500 |
| DR Bank | 6 Months | 4.15% | $500 |
| Marcus by Goldman Sachs | 14 Months | 4.10% | $500 |
All of today's top CDs come from FDIC-insured banks, so your deposits are protected up to $250,000 per institution. The right pick depends on your goals -- how long you're comfortable setting money aside and how much you plan to put in.
- If short-term growth is your goal, Climate First Bank is offering a 6-month CD at 4.34% APY with a $500 minimum to open.
- Prefer a longer runway? United Fidelity Bank's 5-year CD pays 4.30% APY with just a $1,000 minimum.
Looking for something in between? LendingClub's 8 Mo. CD hits a nice balance -- strong return, low $500 minimum, and a term short enough to keep your savings within reach.
LendingClub CD
On LendingClub's Secure Website.
Why now's a smart time to open a CD
With savings rates starting to drift lower, this may be one of the last chances to lock in a higher yield. A CD can give your money stability and guaranteed growth at a time when other returns are uncertain.
A CD might make sense if:
- You already have a solid emergency fund in place.
- Your retirement and long-term investments are on track.
- You want steady, predictable earnings instead of market swings.
After another Fed cut to close out October, banks are slowly trimming APYs. Acting now could help you secure a fixed rate that holds steady even as the rest of the market moves down.
Example: Earn $678 in just 8 months -- guaranteed
One of the biggest perks of a CD is certainty. From the moment you open it, you'll know exactly how much you'll earn.
For instance, a $25,000 deposit in LendingClub's 8-month CD would grow to about $25,678 by maturity -- that's $678 in guaranteed interest, no market risk and no extra work.
Even if rates fall again before next summer, your earnings stay locked. That's the power of a fixed-rate CD. Read our LendingClub CD review for details and secure your rate while it lasts.
LendingClub CD
On LendingClub's Secure Website.
How to open a CD in 5 simple steps
Opening a CD is quick and straightforward. Here's how to do it:
- Compare rates. Check multiple banks -- online ones usually pay more.
- Pick your deposit amount. Most CDs don't allow additional contributions, and early withdrawals may cost you.
- Apply. Fill out your details online or at a branch -- ID, SSN, and bank info.
- Transfer funds. Move money from checking or savings; your rate locks when the deposit clears.
- Set a reminder. Note the maturity date so you're ready to renew or withdraw when the term ends.
Once it's funded, your CD starts earning automatically. Click here to see today's best CD rates.
Want easier access to your cash?
If flexibility matters more than a fixed rate, a high-yield savings account (HYSA) can be a great alternative. Many of the best HYSAs still pay competitive APYs close to short-term CDs -- but without locking up your funds.
- The plus side: You can withdraw or add money anytime, no penalty.
- The trade-off: HYSA rates can change anytime, while CD rates stay fixed until maturity.
If you like earning a strong return and keeping your options open, a top HYSA could be the better move right now.
Featured HYSA pick: The Axos ONE® combo checking and savings account currently pays up to 4.51% APY on savings balances when you meet account requirements -- higher than many short-term CDs and with full access to your funds. Read our full review to learn more.
On Axos Bank's Secure Website.
Member FDIC.
Axos ONE®
On Axos Bank's Secure Website.
= Best
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= PoorOn Axos Bank's Secure Website.
- Earn a competitive APY on checking and savings
- Pay no monthly maintenance or account fees
- No cap on how much you can save
- Access to fee-free ATM network
- Extra conditions required to earn the advertised rate
- No physical branches for in-person help
The Axos ONE® bundle makes your money work overtime – all under one roof. Meet the direct deposit and balance requirements, and you’ll earn up to 4.51% APY on savings and up to 0.51% APY on checking, some of the highest rates we’ve seen lately. There are no physical branches, but you can still access cash easily through a network of over 95,000 fee-free ATMs. It’s a simple, high-reward setup that actually pays off.
The Annual Percentage Yield (APY) is accurate as of 10/01/2025. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account. Axos ONE® Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.
Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined below.
The Axos ONE® Checking account will earn a base rate of 0.00% APY. The Axos ONE® Savings account will earn a base rate of up to 1.00% APY. Axos ONE® accounts are eligible to receive a promotional APY for each statement cycle where the promotional criteria are met during the Qualification Period. To receive the promotional APY on both Axos ONE® Checking and Axos ONE® Savings, the Axos ONE® Checking account must meet both of the requirements in either Option 1 or Option 2 below during the Qualification Period:
Option 1
- Your Axos ONE® Checking account has received monthly qualifying direct deposits of at least $1,500 in total.
- The average daily balance of your Axos ONE® Checking account is at least $1,500.
Option 2
- Your Axos ONE® Checking account has received monthly qualifying deposits of at least $5,000 in total.
- The average daily balance of your Axos ONE® Checking account is at least $5,000.
If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:
- The Axos ONE® Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.
- The Axos ONE® Savings account will earn a promotional rate of up to 4.51% APY for the statement cycle in which the requirements are met.
The Qualification Period begins on the first business day of the month and runs through the 25th of the month. If the 25th of the month is followed by a non-business day, the average daily balance will be calculated including the following non-business day(s). Any qualifying deposits or qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period. The Qualification Period for new accounts will begin on the day the account is approved. New accounts opened on or after the 25th of the month will be eligible to earn the promotional APY starting in the following month.
A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability, etc. International paychecks, international government benefits, other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.), or person-to-person payments are not considered a direct deposit.
Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.
Both accounts must be in an open and active status on the 25th of the month and on the date the interest is paid to receive the promotional APY for that statement cycle. If either account closes during the Qualification Period, neither account will be eligible to earn the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account.
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.
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 4.50%
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
|
Earn up to $300 and +0.70% Boost on Savings APY with direct deposit. Terms apply.
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.
|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website. |
Open Account for CIT Platinum Savings
On CIT's Secure Website.
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
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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
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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.
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
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N/A
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Open Account for Western Alliance Bank High-Yield Savings Premier
On Western Alliance Bank's Secure Website. |
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.
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.
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Sources
- https:/www.unitedfidelity.com/high-yield-certificates-of-deposit/
- https://www.climatefirstbank.com/cd
- https://www.breadfinancial.com/en/bread-savings/certificates-of-deposit.html
- https://drbank.com/rates/
- https://www.marcus.com/us/en/savings/high-yield-cds
- https://www.lendingclub.com/personal-banking/savings/certificate-of-deposit
FAQs
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You'll usually pay an early withdrawal penalty, which could reduce or cancel out your earned interest. That's why it's important to choose a term that fits your timeline.
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Yes -- especially while APYs are still holding above 4.00%. With the Fed signaling more possible rate cuts ahead, locking in a CD today could mean earning more than you would a few months from now.
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Yes. Once your CD is opened and funded, the APY is locked in for the entire term, even if market rates drop.
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.