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CD Rates Today: March 18, 2025 – Take Home Up To 5.06%
- CD rates today, as of March 18, 2025, can reach up to 5.06%, significantly higher than in previous years.
- Certificates of deposit (CDs) offer a fixed interest rate over a specified period, providing higher yields than high-yield savings accounts but with withdrawal penalties.
- For short-term savings, three-month CDs offer rates up to 4.72%, while the best six-month rate is currently at 4.94%.
- Popular one-year CD rates are as high as 5.02%, with a current average annual percentage yield (APY) of 1.87%.
- Two-year CDs have interest rates up to 4.52%, and three-year CDs at 4.65%, with average APYs at 1.68% and 1.59% respectively.
- Five-year CDs offer rates up to 4.26%, with an average APY of 1.6%, but have higher early withdrawal penalties for breaking the term.
- Jumbo CDs, requiring larger deposits, can earn up to 4.94% for six-month terms, with average APY of 1.79%.
- When searching for the best CD rates, consider offerings from traditional banks, credit unions, and digital firms to find the highest yields.
- CDs are a secure savings option with insurance coverage up to $250,000 from FDIC for bank-issued CDs and NCUA for credit union share certificates.
- Stocks may outperform CDs over time, but CDs provide stability, making them suitable for savings you don't need immediately.
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