Best CD Rates Today, Oct. 11, 2025: Lock In up to 4.35% APY Before Rates Fall Further
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CD rates are continuing to slide as we progress further into October. Since the Fed cut rates in September, a number of banks have trimmed their top APYs -- and with another Fed meeting on the calendar for Oct. 28-29, cuts will likely continue.
If a CD is on your list, now might be the right time to lock one in. A fixed rate lets you hang on to today's higher yields before they fall any further.
Here are some of the best CD offers still available.
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, Oct. 11, 2025
| Bank | Term | APY | Minimum Deposit |
|---|---|---|---|
| United Fidelity Bank | 6 Months | 4.35% | $1,000 |
| 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 |
| LendingClub | 8 Months | 4.25% | $500 |
Every CD listed below comes from an FDIC-insured bank, so your deposits are protected up to $250,000. The best choice depends on two things -- how much you plan to invest and how long you can leave it untouched.
If you're looking for short-term growth, United Fidelity Bank is offering 4.35% APY on a 6-month CD with a $1,000 minimum to open. For those who prefer a set-it-and-forget-it approach, United Fidelity's 5-year CD pays 4.30% APY with the same minimum deposit requirement. Both give you steady, predictable growth with zero guesswork.
Featured pick: LendingClub's 8 Mo. CD strikes a great balance -- solid returns, short timeline, and a low $500 minimum. It's long enough to ride out near-term rate cuts but short enough to keep your money within reach.
LendingClub CD
On LendingClub's Secure Website.
Is now a good time to open a CD?
If you have cash you won't need soon, a certificate of deposit (CD) is a safe, no-stress way to grow it. CDs are designed for money you can set aside -- whether for a few months or several years -- without dipping into it.
A CD could be a smart move if:
- You already have an emergency fund covering three to six months of expenses.
- Your retirement and long-term investments (like IRAs or index funds) are on track.
- You prefer guaranteed growth instead of market ups and downs.
With fixed rates and FDIC protection up to $250,000, CDs offer stability that's hard to beat. If you're sitting on extra cash, now's a good moment to put it to work before yields slide further.
Example: Turn $25,000 into $25,703 in just 8 months
The best part about CDs is predictability -- you'll know exactly how much your balance will be worth when the term ends.
For example, a $25,000 deposit in LendingClub's 8-month CD would grow to roughly $25,703. That's $703 in guaranteed interest in less than a year -- no effort required.
With rates expected to decline again before year's end, securing one of today's higher APYs could give you a solid edge. Read our full LendingClub CD review to find out more and lock in your rate today.
LendingClub CD
On LendingClub's Secure Website.
Open a CD in 5 simple steps
Opening a CD is quick and easy. Here's how to get started:
- Compare rates. Online banks often post the most competitive APYs, so shop around.
- Choose your deposit amount. You typically can't add more later, and early withdrawals trigger penalties.
- Apply online or in person. Have your ID, Social Security number, and bank info ready.
- Transfer your funds. Once the money moves, your rate locks in.
- Set a reminder for maturity. When your CD ends, you can withdraw or roll it over.
That's all it takes. Once you're set up, your savings start growing automatically. Click here to see today's best CD rates.
Prefer more flexibility?
A high-yield savings account (HYSA) could be a better fit if you want to earn interest while keeping your money accessible. Many top HYSAs pay rates that rival shorter-term CDs.
The advantage is freedom -- you can move money in or out anytime without penalties. The trade-off? HYSA rates can change, while a CD's return stays fixed until maturity.
One standout HYSA right now is the Axos ONE® savings and checking bundle, which pays a jaw-dropping rate of up to 4.51% APY on savings balances when account requirements are met. This APY tops the best CD rates available now. Learn more in our full review and open an account today.
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 banking bundle offers the potential for very competitive rates and a simple banking experience that puts all of your accounts in one place. The mobile app may have issues, however, and online user reviews raise some concerns about access and customer service.
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
| 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. |
CIT Platinum Savings
Member FDIC.
APY
3.85%
Rate info
3.85% APY for balances of $5,000 or more; otherwise, 0.25% APY
Min. to earn
$5,000
Open Account for CIT Platinum Savings
On CIT's Secure Website. |
3.85%
Rate info
3.85% APY for balances of $5,000 or more; otherwise, 0.25% APY
|
$5,000
|
Open Account for CIT Platinum Savings
On CIT's Secure Website. |
Western Alliance Bank High-Yield Savings Premier
Member FDIC.
APY
4.10%
Rate info
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.
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. |
4.10%
Rate info
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
|
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 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.
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
FAQs
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The biggest downside of a certificate of deposit is the lack of liquidity. When you invest in a CD, your money is locked in for a fixed term, and withdrawing it early can result in loss of interest. This means you have less flexibility to access your funds if you need them before the CD matures.
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When your CD term ends, you'll get back your original deposit plus the interest you earned. Most banks let you either withdraw the money or roll it into a new CD. Just make sure to act quickly -- some banks automatically renew if you don't respond within a few days.
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Yes -- especially while APYs are still holding above 4.00%. With the Fed signaling more rate cuts ahead, locking in a CD today could mean earning more than you would a few months from now.
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.