The Best CD Rates Today: March 25, 2025

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 July 31, 2026

EverBank CD Raisin

APY:

4.10%

Term:

6 Months

Min. Deposit:

$1

Open Account for

On Raisin's Secure Website.

CIT Bank No-Penalty CD

Member FDIC.

APY:

3.90%

Term:

11 Months

Min. Deposit:

$1,000

Open Account for

On CIT's Secure Website.

How we rate CDs

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.

How we rate CDs

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.

Shop around to find the highest APY for the term you want.
Read the fine print and make sure you can meet the minimum deposit, if there is one.
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.
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
Open Account for SoFi Checking and Savings On SoFi's Secure Website. Member FDIC. 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.	up to 4.00% Rate info Min. to earn: $0	Earn $50 or $400 and +0.90% Boost on Savings APY with direct deposit. Terms apply.	Open Account for SoFi Checking and Savings On SoFi's Secure Website.
Open Account for Barclays Tiered Savings On Barclays' Secure Website. Member FDIC. 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.	3.50% Rate info Min. to earn: $0	$200 Bonus with qualifying activities. Terms Apply	Open Account for Barclays Tiered Savings On Barclays' Secure Website.
Open Account for Happen Bank LevelUp Savings On Happen Bank's Secure Website. Member FDIC. 4.70/5 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.	4.00% APY with $250+ in monthly deposits Rate info Min. to earn:	N/A	Open Account for Happen Bank LevelUp Savings On Happen Bank's Secure Website.