Today’sbest CDsboast annual percentage yields, or APY, as high as 4.65%.
APYs have been falling since the Fed cut rates at its last three meetings, however.
drop your information below to get CNET’s partners' best rate for your area.
When it cuts this rate, banks drop these APYs.
But the top APY – 4.65% – is still more than double thenational averagefor some terms.
We evaluated CD rates from more than 50 banks, credit unions and financial companies.
We evaluate CDs based on APYs, product offerings, accessibility and customer service.
*APYs as of Jan. 8, 2025, based on the banks we track at CNET.
Earnings are based on APYs and assume interest is compounded annually.
**Weekly percentage increase/decrease from Dec. 30, 2024, to Jan. 6, 2025.
