CDs Offer Guaranteed Returns in an Uncertain Market. Today’s CD Rates, March 13, 2025
- Today’s best CDs offer up to 4.65% APY.
- CDs can complement venture capital such as stocks by providing security and guaranteed returns.
- CDs can be well suited for savings goals with a specific schedule, as well as retired investors who want to protect themselves from savings.
Looking for a safe place to keep your money? Recent stock market volatility highlights the importance of choosing the right investment. Although stocks offer the potential for huge returns, they also take the risk of huge losses, which is one of the reasons to diversify your portfolio.
Whether you are retired or saving for a specific goal, a certificate of deposit can provide a safe haven in uncertain markets. CDs are low-risk accounts that guarantee guaranteed returns and bring peace of mind to federal deposit insurance.
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Your annual rate of return can reach up to 4.65% The best CD. And, because the rates when you open an account are locked, your income will remain the same no matter what happens in the economy.
Here are some of the highest CD prices available now and how much CDs can be earned by storing different amounts.
The best CD prices today
| semester | The highest APY* | bank | Estimated earnings from a deposit of $1,000 | Estimated earnings from a $5,000 deposit | Estimated earnings from a $10,000 deposit |
|---|---|---|---|---|---|
| 6 months | 4.65% | Community-wide federal credit union | $22.99 | $114.93 | $229.85 |
| 1 year | 4.45% | Community-wide federal credit union | $44.50 | $222.50 | $445.00 |
| 3 years | 4.15% | The first credit union in the United States | $129.74 | $648.69 | $12,97.38 |
| 5 years | 4.20% | The first credit union in the United States | $228.40 | $1,141.98 | $2,283.97 |
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.
The highest privilege to open a CD
CDs offer many benefits, including:
- Low risk: CD by FDIC Insurance Each store, agency, and account category of a bank or NCUA-insured credit union can protect up to $250,000. This means that if your bank fails, your money is safe. Other investments (such as stocks) may produce higher returns in the long run, but they also volatility, which means you may lose money at any time.
- Guaranteed return: Unlike savings accounts, when you open the CD, your APY is locked, in which case the interest rate may vary at any time. The fixed interest rate on CDs makes it easy to calculate how much interest you will earn over time and protect your funds from falling interest rates once you open your account.
- Competition rate: Traditional savings accounts offer minimal APYSsometimes as low as 0.01%. Today’s highest CD has APY of 4.50% or more, which may make Your interest income difference.
- Access barriers: You can withdraw funds from your savings account at any time for free (as long as you mind any monthly withdrawal restrictions). However, many CDs are charged Get fines early If you take the money out before that semester. This can help you resist the urge to immerse your money before you need it.
CDS vs. Savings Account: Which one is right for you?
CDs have many benefits, but they are not always the best choice. “It really depends on your goals,” said certified financial planner and CEO Taylor Kovar, said 11 Finance.
To determine if CD is the right choice for your money, ask yourself the following questions:
- When do you need your funds? CDs are perfect for setting schedule savings goals and have a range of ranges in just three months to several years. If you know you want to buy a house on the road, e.g. Five Years CD It can be a great way to increase your down payment. If you need to use your money immediately Emergency Fundbut, High yield savings account It’s a better health.
- How much do you have to deposit? Some CDs require a minimum deposit to open an account, usually from $500 to $1,000. If you can’t find an attractive APY account you want to deposit the amount, try checking out a low yield savings account that has low or no minimum deposit.
- Do you want to increase your money over time? Most CDs (although not all) only allow one-time deposits. If you want to regularly add money to your savings over time, consider a high yield savings account.
- Do you need some discipline? If you are worried that you will be tempted to take advantage of your savings before you need it, the CD will withdraw the penalty ahead of time, which can help you stop.
You can earn up to 5% APY in today’s best high yield savings accounts. Check Maximum savings rate Now.
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.
The current banks included in CNET’s weekly CD averages include Alliant Credit Union, Ally Bank, American Express National Bank, Barclays, Bask Bank, Bread Savings, Capital One, CFG Bank, CIT, Fulbright, Marcus by Goldman Sachs, MYSB Direct, Quontic, Rising Bank, Synchrony, EverBank, Popular Bank, First Internet Bank of Indiana, America First Federal Credit Union, CommunityWide Federal Credit Union, Discover, Bethpage, BMO Alto, Limelight Bank, First National Bank and Connexus Credit Union.
*As of March 13, 2025, according to banks we tracked on CNET. The gain is based on APY and assumes interest is more complex every year.
