<ul><li>The best CD rates today can go up to 5.06%, varying based on certificate term lengths.</li><li>CDs offer fixed interest rates for specific terms, with penalties for early withdrawals.</li><li>Short-term CDs like three-month or six-month options can have rates up to 4.72% and 4.94% respectively.</li><li>For one-year CDs, the highest rate is currently 5.02%, while the average APY is 1.87%.</li><li>Two-year CDs have rates as high as 4.52%, with an average APY of 1.68%.</li><li>Three-year CD rates reach 4.65%, while five-year CD rates can go up to 4.43%.</li><li>Jumbo CDs offer rates up to 4.94%, with various minimum deposit requirements depending on the bank.</li><li>Investing in CDs can provide higher interest rates compared to other savings options, with lower risk.</li><li>CDs are protected by the Federal Deposit Insurance Corp. up to $250,000 in case of bank failure.</li><li>The calculation of average CD rates excludes certain CD types like promotional offers, IRA CDs, and others.</li></ul>

CD Rates Today: March 12, 2025 – Forbes Advisor

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