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CD Rates Today: March 28, 2025 – Take Home Up To 5.06%
- CD rates today vary by term and the highest rate is currently at 5.06%. Rates are expected to decrease as the Federal Reserve lowers interest rates.
- CDs offer fixed interest rates and come with maturity periods, typically providing better yields than high-yield savings accounts.
- Shorter-term CDs such as three-month and six-month offer rates up to 4.72% and 4.94% respectively. Six-month CDs have an average APR of 1.79%.
- For longer terms like 12 months, the highest rate is 5.02% with an average APY of 1.86%. Two-year CDs offer rates as high as 4.52%.
- Three-year CD rates reach up to 4.65%, while five-year CDs provide rates up to 4.26%. Jumbo CDs at 6-month term offer 5.06% APY.
- CD rates vary between banks, so it's recommended to compare and choose the best option. Opening a CD account requires a lump-sum deposit with minimum requirements.
- CDs typically pay higher interest compared to other savings options and are considered a safe investment due to FDIC insurance coverage up to $250,000.
- Curinos determines average CD rates by focusing on specific CDs, excluding others like promotional and relationship-based rates.
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