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CD Rates Today: June 13, 2025 – Earn As Much As 5.02%
- The best interest rates on CDs currently reach up to 5.02%, depending on the term, offering better yields than high-yield savings accounts but with withdrawal penalties upon early access.
- Short-term CDs like three-month ones yield an average rate of 1.3% to a high of 4.67%, while six-month CDs offer rates up to 4.94%.
- For 12-month CDs, the highest interest rate is at 5.02% with an average APR of 1.83%, and two-year CDs are offered at rates as high as 4.52%.
- The highest rates stand at 4.26% for three-year and five-year CDs, with varying average APYs around 1.58%-1.59%.
- Jumbo CDs require higher minimum deposits, with rates currently at 4.94% for a 6-month term and an average APY of 1.82%.
- Comparison shopping among banks is essential due to varying CD rates, with online banks typically offering higher rates than traditional brick-and-mortar banks.
- CDs provide secure investment options compared to riskier ventures like stocks, real estate, or commodities, with FDIC and NCUA insuring up to $250,000 for CD investments.
- Investors should refrain from early withdrawals on CDs to avoid penalties and benefit from higher interest rates compared to savings and money market accounts.
- CD rates calculation excludes specific types like promotional offers, relationship-based rates, and various others to determine average rates accurately.
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