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 best CD rates return up to 4.65% annual percentage yield. That means you could lock in high rates for years if you funded a certificate right now, depending on the term that’s best suited to your financial goals. Markets expect a few more Fed rate cuts this year, so there’s no time to waste.
