<ul data-eligibleForWebStory="true">CD rates today range up to as high as 5.02%, far better than in previous years.CDs offer fixed interest rates and varying maturity periods, with penalties for early withdrawals.Best rates as of now include 4.67% for three-month CDs and 5.02% for one-year CDs.Two-year CDs offer rates up to 4.52%, while five-year CDs go up to 4.26%.Jumbo CD rates peak at 4.94% for six-month terms with varying minimum deposit requirements.It's crucial to compare rates between banks and consider factors like term length and minimum deposits.Investing in CDs provides a safe option with potential interest gains, protected by federal insurance.CDs offer higher interest rates than savings accounts and are considered safer investments than stocks or real estate.The Federal Deposit Insurance Corp. and National Credit Union Administration insure CD investments up to $250,000.Curinos excludes certain types of CDs from its rate calculations, focusing on specific offerings.