Top CD Rates Today — Lock in Up to 4.1% APY (Dec 8, 2025)

Certificate of deposit (CD) rates remain attractive for savers on Dec. 8, 2025, with some online banks and credit unions advertising yields as high as 4.1% APY. These rates are typically available on specific term lengths—often 6, 12, 24 or 60 months—and can vary by institution, deposit size and whether the CD is a promotional or standard product.

Online banks frequently lead with the most competitive APYs because of lower overhead; well-known providers that often appear on top-rate lists include Ally, Marcus by Goldman Sachs, Discover, Capital One and Synchrony. Credit unions can also offer strong returns, but membership requirements and NCUA insurance rules differ from bank offerings. Always confirm FDIC or NCUA coverage amounts and documentation before opening an account.

When comparing CDs, look beyond the headline APY. Consider compounding frequency, early-withdrawal penalties, minimum deposit requirements and whether the CD is callable. Callable CDs may offer higher initial yields but give the issuer the right to redeem the CD before maturity, which can affect long-term returns if rates fall. Jumbo CDs require larger deposits but sometimes deliver modestly higher rates.

For many savers, laddering—splitting a larger sum across multiple CDs with staggered maturities—balances liquidity and yield. Laddering helps capture higher long-term rates while providing periodic access to funds as CDs mature. Also factor in inflation expectations and your own cash needs: while today's 4.1% APY is compelling compared with recent years, real returns depend on inflation and tax treatment.

To lock in the best rate, compare offers from online banks, national and regional banks, and credit unions. Check the fine print for penalties, automatic renewal terms and insurance details. If you prioritize flexibility, shorter terms or high-yield savings accounts might be preferable despite slightly lower APYs. For guaranteed, predictable returns and FDIC/NCUA insurance, a well-chosen CD remains a conservative option for capital preservation and income.