<ul><li>Today, some CDs offer interest rates as high as 5.06%, which is much higher than previous years.</li><li>CDs have fixed interest rates for specific terms, and early withdrawals result in penalties.</li><li>Short-term CDs like three-month options have an average rate of 1.3% and a high of 4.72%.</li><li>Six-month CDs offer yields up to 4.94%, with an average APR of 1.79%.</li><li>The highest rate on a 12-month CD is 5.02%, with an average APY of 1.87%.</li><li>For two-year CDs, interest rates can reach 4.52% and the average APY is 1.68%.</li><li>The highest rate on three-year CDs is currently 4.65%, with an average APY of 1.59%.</li><li>Five-year CDs offer rates up to 4.26%, with an average APY of 1.59%.</li><li>Jumbo CDs with rates up to 5.06% for a 6-month term require a significant minimum deposit.</li><li>Opening a CD account involves a lump-sum deposit and CDs typically pay higher interest than other savings options.</li><li>CDs are considered safe investments with protection from FDIC and NCUA insurance.</li></ul>

CD Rates Today: March 20, 2025 – Rates Move Lower

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