<ul><li>Today, the best interest rates on CDs go up to 5.06%, offering higher yields compared to previous years.</li><li>CDs pay a fixed interest rate for a set period, with higher yields than high-yield savings accounts but limited accessibility.</li><li>For short-term goals, three-month CD rates range from 1.3% to the highest at 4.72%.</li><li>The average rate for a one-year CD is 1.86%, while the highest rate reaches 5.02%.</li><li>Two-year CDs show interest rates as high as 4.52%, with an average APY of 1.67%.</li><li>For jumbo CDs, the highest rate is 5.06% for a 6-month term, with an average APY of 1.83%.</li><li>Understanding early withdrawal penalties before investing in CDs is crucial to avoid significant losses.</li><li>CD rates vary between banks, so comparing options is essential to secure the best deal.</li><li>Stocks may outperform CDs over time, but CDs offer stability and FDIC insurance up to $250,000.</li><li>CDs and stocks serve different financial purposes—CDs are for stable savings, while stocks offer long-term growth.</li></ul>

CD Rates Today: March 31, 2025 – Forbes Advisor

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