Trending Rates to Earn Top Returns
Current Top CD Rates as of May 1, 2025: A Selection of 12 Offers Yielding 4.50%, Backed by Lock-in Periods Ranging from 3 to 13 Months
Lock in impressive yields with the hottest CD deals on the market! Here's what's sizzling in the CD world:
- ** leading CD rate**: Secure a stunning 4.50% APY with 12 enticing offers ensuring your rate is secured up to late 2026. Wanna push your guarantee even further?
- ** Longest Rate Lock: Participate in PenAir Credit Union**'s enticing offer of 4.40% APY for a whopping 21 months, locking in your rate until early 2027.
- Top 3-year to 5-year Certificates: Experience fabulous returns as the current leading rates for 3-year to 5-year certificates range from 4.28% to 4.32%.
The Fed isply keeping a "wait-and-see" stance, but experts predict 2025 rate cuts. In these uncertain times, grabbing one of today's headline CD rates is savvy growing your savings.
Below, check out featured rates from our trusted partners and peruse our roundup showcasing the crème de la crème of nationwide CDs.
Grabbing Top Dollars: 4.50% APY Until Late 2026
Craving the juiciest CD rate on the scene? A diverse pool of 12 institutions offers the mouth-watering 4.50% APY rate. Here's the catch:
- 3-month certificates are available at two different providers
- Seven institutions hoist the 4.50% banner for the 6-month stint
- For the longest 4.50% rate, snag an 18-month term with XCEL Federal Credit Union and enjoy a secure return till November 2026.
Federally insured, F R E E!
Rest easy knowing that every cent you save at any FDIC bank or NCUA credit union is federally safeguarded. Score all that U.S. government security, with indistinguishable insurance coverage ($250,000 per person and per institution) no matter how tiny or large your financial institution is.
Certificates of Deposit: Longer the Better?
Want a rate lock to last till 2027? Embrace the 4.40% APY for 21 months dished by PenAir Credit Union. Prefer a slightly lower APY, but want a longer guarantee? Leader Genisys Credit Union presents 4.32% for 30 months.
Long-term savers will adore the 4.28% APY for 4-year or 5-year certificates offered by Lafayette Federal Credit Union. They promise the same inviting 4.28% APY on all their certificates from 7 months to a whopping 5 years—giving you the chance to secure that rate as early as 2030!
Multiyear CDs are shrewd options right now, with fears of 2025 rate cuts. The central bank has already chopped the federal funds rate by a full percentage point, and more could follow suit this year. Although any interest-rate reductions from the Fed will dent bank APYs, your locked-in CD rate will remain yours until it matures.
Today's Best CDs Still Pump Out Lucrative Returns
While the CD rates aren't at their all-time finest, the finest CDs still deliver a hearty return. Last October, the best CD rates jumped above the 6% mark, whereas the current top rate resides at 4.50%. Note that early 2022 saw the very best CD rates reaching a measly 0.50% to 1.70% APY, depending on the term.
Jumbo CDs vs Regular CDs: 4 Terms Ahead
Thick wallets call for jumbo CDs, which require huge deposits and occasionally pay premium rates. Surprisingly, the best jumbo CD rates in four of the eight CD terms we monitor pay the same (or lower) rates as the standard top CD rates.
- Among 1-year and 18-month CDs, both the top standard and jumbo rates are the same 4.50% APY.
- Institutions offer more jumbo rates for these terms:
- 6 months: My eBanc and Credit One Bank offer 4.55% for 6-7 month jumbo CDs compared to 4.50% for the highest standard rates.
- 3 years: Hughes Federal Credit Union presents 4.34% for a 3-year jumbo CD compared to 4.32% for the finest standard rates.
- 4 years: Lafayette Federal Credit Union offers 4.33% for a 4-year jumbo CD compared to 4.28% for the highest standard rates.
- 5 years: Both GTE Financial and Lafayette offer 4.33% for 5-year jumbo CDs compared to 4.28% for the best standard rates.
Always double-check both types of offerings when CD comparing. If your best option steers you toward a standard CD, simply open it with a jumbo-sized deposit.
Where Do CD Rates Head in 2025?
In December, the Federal Reserve announced a third rate cut to the federal funds rate, reducing it by a full percentage point since September. However, the bankers declined to reduce the benchmark rate further in January and March.
The Fed's three 2024 rate cuts signaled a break from the bank's historic 2022-2023 rate-hike campaign, as it aggressively raised interest rates to combat soaring inflation. At its peak, the federal funds rate reached its highest level since 2001 and held this position for an impressive 14 months.
Fed rate movements are significant to savers, as rate reductions prompt banks and credit unions to lower interest rates paid to consumers for their deposits. Both CD rates and savings account rates react to changes in the fed funds rate. Time will reveal what exactly will occur with the federal funds rate in 2025 and 2026.
In 2025, there's a possibility of further Fed rate cuts, making today's CD rates your best chance to capture impressive yields for a while.
- Locking in liquidity for personal-finance purposes can be achieved through investing in Certificates of Deposit (CD), as the hottest CD rates offer top returns on invested funds.
- A notable CD deal in 2023 offers a 4.50% Annual Percentage Yield (APY) with 12 institutions, securing the rate until late 2026.
- Traders looking to diversify their portfolio might consider the 'ico' of CDs, with leading tokens being the high-yield CDs.
- To secure a longer rate lock, consider PenAir Credit Union's enticing offer of a 4.40% APY for 21 months, lasting until early 2027.
- With uncertainties about 2025 rate cuts, investing in Certificates of Deposit is an attractive option for those seeking to maximize returns on their savings.
- As the Fed signals a possible decrease in the federal funds rate in 2025, locking in today's CD rates can provide higher returns for an extended period, making it a prudent move for personal-finance management and investing in finance.
