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The Best CD Rates Today, March 25, 2025: Up to 4.65% APY

Published March 25, 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 today fall within a range of about 4.50% to 4.65%, largely depending on the term. CDs with terms of 12 months or less currently boast the most attractive rates.

CD rates often mirror movements in the federal funds rate. In last week's meeting, the Federal Reserve opted to keep rates unchanged. Nonetheless, there remains the possibility of rate cuts later this year, making it potentially advantageous to secure today's rates while they're still available.

Here's a look at a selection of the best CD rates you can find today.

Bank APY Term Minimum Deposit
OMB 4.65% 7 months $1,000
DR Bank 4.65% 6 months $500
MutualOne Bank 4.59% 6 months $500
Brilliant Bank 4.55% 9 months $1,000
NBKC Bank 4.50% 7 months $1,000
Data source: Issuing banks.

Why we picked these CDs

The CDs we highlight above stand out to us for several compelling reasons. First, they offer extremely competitive rates. While there are CDs with marginally higher rates, those often come with certain conditions or catches that could limit accessibility or benefits.

Additionally, these CDs feature low minimum deposit requirements. Unlike other options that demand a $5,000 or more initial deposit, these CDs allow you to start with as little as $500. They are also accessible nationwide, unlike certain high-yield CDs offered by regional credit unions with membership restrictions. The CDs we selected are from banks that welcome membership from anyone in the U.S. without complex prerequisites.

The Best CD Rates From Our Partners Today

Rates as of Oct. 23, 2025
LendingClub CD

LendingClub CD

Member FDIC.
APY:
4.10%
Term:
8 Months
Min. Deposit:
$500
Open Account for

On LendingClub's Secure Website.

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.

Discover® Bank CD

Discover® Bank CD

Member FDIC.
APY:
3.85%
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.

Should you open a CD?

CD rates are still historically high, though they've dropped since mid-2024. The Federal Reserve is holding rates steady for 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 on your cash
  • 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

If you want to earn a competitive APY without committing your cash for a minimum of several months, check out our list of the best high-yield savings accounts.

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

Steps to open a certificate of deposit

Once you're ready to open a CD, the process is fairly simple.

  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 or 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 a 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.

Once you've opened your CD, it's important to make a note of its maturity date. Upon maturity, the bank generally follows one of two courses unless instructed otherwise: it either disburses your initial deposit along with the accrued earnings as cash, or it reinvests your funds into a new CD with the same term, which may feature a different annual percentage yield (APY).

Most banks offer a grace period of seven to 10 days after the CD's maturity date for you to make a decision about your next steps.

Earn up to 4.10% APY without the commitment

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 will allow you to do the following:

  • Deposit and withdraw money whenever you want.
  • Transfer money to other accounts quickly and easily.
  • Simply deposit cash and leave it as long as you'd like.

Savings account rates are variable and can change at any time. However, high-yield savings accounts currently have APYs that rival the best CDs, making either one a good choice now.

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.