The best interest rates on CDs (certificates of deposit) currently top out at 5.02%, depending on the term. Here’s a look at how CD rates are trending, along with an overview of the best rates for various terms.

You can still earn a great return on a certificate of deposit, just don’t wait to deposit your money. As the Federal Reserve cut interest rates three times in 2024, average CD yields fell lower. They have stabilized in 2025 as the Fed has held off on more rate changes—for now.

Today’s featured pick is the 3-month CD account offered by Brilliant Bank. This account has an APY of 4.60%. With a required minimum opening deposit of $1,000, this CD is an excellent choice for those looking to grow their money securely.