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The Highest CD Rates Today, March 17, 2025: Up to 4.65% APY

Published March 17, 2025
James McClenathen
Author: James McClenathen
James McClenathen
James McClenathen
Editorial Strategist

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.

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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.

The highest certificate of deposit (CD) rates we found today range from around 4.50% to 4.65%, with the highest rates available for short-term CDs of 12 months or less.

While experts believe it is unlikely that the Federal Reserve will raise or lower interest rates at their upcoming meeting this Wednesday, cuts could still happen later this year. Therefore, locking in current rates might be a smart move.

Here are some of the highest CD rates available today.

Bank APY Term Minimum Deposit
OMB 4.65% 7 months $1,000
DR Bank 4.65% 6 months $500
Brilliant Bank 4.60% 3 months $1,000
MutualOne Bank 4.59% 6 months $500
Brilliant Bank 4.55% 9 months $1,000
Data source: Issuing banks.

Why we picked these CDs

  • Extremely competitive rates. The CDs in our list have APYs among the highest we found.
  • Reasonable minimum deposits. Some CDs require a minimum deposit of $5,000 or more. We chose CDs that let you deposit as little as $500.
  • Available nationwide. Some high-yield CDs are offered by regional credit unions that have membership stipulations. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.
  • Ease of opening. Each of these CDs can be opened easily online, straight from the bank issuer's website.

The Best CD Rates From Our Partners Today

Rates as of Oct. 8, 2025
Synchrony Online CD

Synchrony Online CD

Member FDIC.
APY:
4.10%
Term:
6 Months
Min. Deposit:
$0
Open Account for

On Synchrony Bank's Secure Website.

LendingClub CD

LendingClub CD

Member FDIC.
APY:
4.25%
Term:
8 Months
Min. Deposit:
$500
Open Account for

On LendingClub's Secure Website.

Discover® Bank CD

Discover® Bank CD

Member FDIC.
APY:
4.00%
Term:
1 Year
Min. Deposit:
$0
Open Account for

On Discover Bank's Secure Website.

Unlike other banking products we evaluate, certificates of deposit (CDs) do not receive a star rating from us. This approach is due to the frequent updates in interest rates and terms associated with CDs. Instead, we highlight CDs on our best-of list pages based on their annual percentage yield (APY) and the fees associated with early withdrawals. Our top CD selections typically offer competitive APYs without complex qualification tiers, low early withdrawal penalties, reliable strong brand reliability, and user-friendly features.

Motley Fool Money focuses exclusively on standard CDs and does not review IRA CDs, bump-up CDs, callable CDs, or other specialized CD accounts.

Our aim is to maintain a balanced list featuring top-scoring products from reputable brands offering competitive APYs and standout features. Learn more about how Motley Fool Money rates bank accounts.

Unlike other banking products we evaluate, certificates of deposit (CDs) do not receive a star rating from us. This approach is due to the frequent updates in interest rates and terms associated with CDs. Instead, we highlight CDs on our best-of list pages based on their annual percentage yield (APY) and the fees associated with early withdrawals. Our top CD selections typically offer competitive APYs without complex qualification tiers, low early withdrawal penalties, reliable strong brand reliability, and user-friendly features.

Motley Fool Money focuses exclusively on standard CDs and does not review IRA CDs, bump-up CDs, callable CDs, or other specialized CD accounts.

Our aim is to maintain a balanced list featuring top-scoring products from reputable brands offering competitive APYs and standout features. Learn more about how Motley Fool Money rates bank accounts.

Is it a good time to open a CD?

CD rates remain at historically high levels, despite having decreased since mid-2024. The Federal Reserve is hesitant to change interest rates right now, but experts agree that rate cuts are likely later in 2025.

Now could be a great time to lock in a CD if:

  • You want safe, guaranteed returns
  • You want to protect your savings from near-term interest rate cuts
  • You have cash that you can leave untouched for the full CD term

The best CDs have FDIC insurance, ensuring the safety of deposits up to $250,000 per person, per bank. There's virtually zero risk in CD investing, though you could potentially earn higher returns elsewhere, like the stock market.

If you want to earn a high APY without committing your money for three months or more, then check out our list of the best high-yield savings accounts.

How to open a CD now

  1. Shop around to find the highest APY for the term you want.
  2. Read the fine print and make sure you can meet the minimum deposit, if there is one.
  3. Apply for a new account on the bank's website, mobile app, or over the phone. You'll likely be approved and ready to invest in minutes.
  4. Link an existing bank account to transfer funds to your new CD. Remember that you can only make one deposit per CD.

Click here to explore the best CD rates and open a high-yield CD today.

Keep an eye on your CD's maturity date. When a CD matures, the bank will typically do one of two things unless you say otherwise:

  1. Pay out your initial deposit plus your earnings as cash
  2. Reinvest your funds in a new CD of the same term at the current APY (which could be higher or lower than your original CD rate)

Most banks give you a grace period of seven to 10 days after the CD's maturity date to make a decision.

Earn up to 4.30% APY without locking up your cash

If you want to earn a high APY with more flexibility and less commitment, then look into a high-yield savings account.

The best high-yield savings accounts allow you to:

  • Deposit and withdraw money whenever you want.
  • Quickly transfer money to other accounts.
  • Deposit cash and leave it as long as you want.

Savings account rates are variable and can change at any time. However, high-yield savings accounts currently have APYs that rival the best CDs.

Compare savings rates

Make sure you're getting the best account for you by comparing savings rates and promotions. Here are some of our favorite high-yield savings accounts to consider.

Account APY Bonus Next Steps
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.
Min. to earn: $0
Earn up to $300 and +0.70% Boost on Savings APY with direct deposit. Terms apply. 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.
3.85%
Rate info Circle with letter I in it. 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+ Circle with letter I in it. 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
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.
Min. to earn: $500 to open, $0.01 for max APY
N/A
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.

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.