<ul><li>The best interest rates on CDs (certificates of deposit) currently top out at 5.25%, depending on the term.</li><li>Three-month CDs are a good option for short-term savings goals.</li><li>A six-month CD offers a nice blend of high yields and short-term time commitment.</li><li>The highest interest rate currently available on a one-year CD is 5.02%.</li><li>If you can hold out for two years, 2-year CDs today are being offered at interest rates as high as 4.52%.</li><li>Today’s highest rate on a three-year CD is 4.65%, so you’ll want to shop around for that rate or something near it.</li><li>On a five-year CD, the highest rate today is 4.50%.</li><li>The best rate on today’s jumbo CDs is 5.25% for a 6-month term.</li><li>Traditional, brick-and-mortar banks tend to offer lower CD rates, in general, than online banks without any branches.</li><li>If you want the best interest rate on your savings, CDs are usually your best bet.</li></ul>

CD Rates Today: January 23, 2025—Earn 5% And Up

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