High APYs Hold On — for Now. Today’s CD Rates, Feb. 19, 2025
- Today’s best CDs offer up to 4.65% APY.
- APYs are currently stable, but they won’t last forever.
- When you open the CD, your APY is locked, so opening a CD now can prevent your income from falling in the future.
After months of tumbling, the deposit rate certificate appears to have been upgraded due to the latest Fed exchange rate pause. But if the past few years have taught us anything about CD rates, it is that timing is the key to how much you can earn. With speed reduction expected later this year, snapping up high speeds while you can still be a smart move.
Your annual rate of return can reach up to 4.65% The best CD – More than twice National average Some terms. Read on to see some of the highest CD prices and how much CD you can earn by depositing $5,000.
The best CD prices today
| semester | The highest APY* | bank | Estimated earnings |
|---|---|---|---|
| 6 months | 4.65% | Community-wide federal credit union | $114.93 |
| 1 year | 4.45% | Community-wide federal credit union | $222.50 |
| 3 years | 4.15% | The first credit union in the United States | $648.69 |
| 5 years | 4.25% | The first credit union in the United States | $1,156.73 |
Experts recommend comparing rates to get the best APY before opening a CD account. Enter your information below to get the best interest rates for CNET partners.
What happened to the CD rate
CDs may be a great place to keep cash at any time, but they can be particularly profitable in inflation times like today. Banks tend to follow suit and raise interest rates on consumer products such as CD and CD as the Fed raises interest rates against inflation. Savings Account.
If you turn on the CD when the price is rising, you can continue to enjoy the same high returns even if your APY is locked when the CD is turned on.
But don’t wait too long to take advantage of today’s APY. Fed’s Choice Pause rate At the January meeting, experts expected it to lower interest rates later this year, meaning the clock is ticking.
“Short-term interest rates tend to fluctuate with expectations of market change, so even if the Fed does not lower interest rates immediately, we can still see CDs,” said Chad Olivier, a certified financial planner and CEO. Interest rates began to drop slightly.” Olivier Group. “That is, as the Fed adopts a more cautious, dietary attitude, CD rates and other safe currency options may remain at these high levels.”
You can get up to 5% APY on the best high yield savings account. Check Maximum savings rate Now.
How has CD rates changed over the past week
| semester | Last week’s CNET Average APY | CNET Average APY for this week | Weekly changes** |
|---|---|---|---|
| 6 months | 4.08% | 4.08% | No change |
| 1 year | 4.07% | 4.07% | No change |
| 3 years | 3.56% | 3.56% | No change |
| 5 years | 3.55% | 3.56% | 0.0028 |
What to look for in CD
Competitive APY is important, but that’s not the only thing you should consider. To find the right CD, weigh these:
- When you need money: Early withdrawal penalties If you need your money before the end of the semester, you can eat on the CD, so choose a meaningful schedule. Or, you can choose one Protein-free CDalthough APY may not be as high as the traditional CD you use the same term.
- Minimum deposit requirements: Some CDs require a minimum deposit to open an account, usually from $500 to $1,000. Knowing how much you have to spend can help you narrow down your choices.
- cost: Maintenance and other expenses can reduce your savings. many Online Banking Don’t charge fees because they cost less than banks that have physical branches. Read the fine print of any account you want to evaluate.
- Safety and security: Ensure bank or Credit Union You are considering FDIC or NCUA members, so your funds are protected If the bank fails.
- Customer Ratings and Reviews: Visit a website like TrustPilot to see what customers say about their bank. You want a responsive, professional and easy to use bank.
Methodology
CNET reviews CD rates based on the latest APY information from the issuer’s website. We evaluate CD rates for over 50 banks, credit unions and financial companies. We evaluate CDs based on APY, product products, accessibility and customer service.
Current banks included in CNET weekly CD averages include Alliant Credit Union, Ally Bank, American Express National Bank, Barclays, Bask Bank, Bask Bank, Bread Savings, Capital One, CFG Bank, CIT, Fulbright, Fulbright, Marcus, Goldman Sachs, Mysb Direct, Quontic, Quontic, Quontic, Quontic, Quontic, Quontic, Quontic, Quontic, Quontic, For Rise Bank, Synchronous, Everbank, Popular Bank, Indiana First Bank, United States First Federal Credit Union, Community-wide Intra-Federal Credit Union, Discover, Discover, Discover, Bethpage, BMO Alto, Limelight Bank, First National Bank and Connexus Credit Union.
*As of February 18, 2025, according to banks we tracked on CNET. The gain is based on APY and assumes that interest is more complex every year.
**From February 11, 2025 to February 18, 2025, the weekly increase/decrease percentage increase/decrease.
