<ul><li>The best CD rates today reach up to 5.06%, varying based on certificate term lengths.</li><li>Certificates of deposit (CDs) offer fixed interest rates and maturity periods, typically yielding better returns than high-yield savings accounts.</li><li>CD holders face withdrawal fees and penalties, with longer terms resulting in harsher penalties for early withdrawals.</li><li>Current top CD rates include 4.72% for three-month CDs and 4.94% for six-month CDs.</li><li>For one-year CDs, the highest rate is 5.02%, while two-year CDs offer rates as high as 4.52%.</li><li>Three-year CDs have a top rate of 4.65%, and five-year CDs offer rates up to 4.43%.</li><li>Jumbo CDs require higher minimum deposits, with rates reaching 4.94% for a 6-month term.</li><li>Traditional banks usually offer lower CD rates compared to online banks.</li><li>CDs require a lump-sum deposit, have minimum deposit requirements, and may impose early withdrawal penalties.</li><li>CDs serve as a safe investment option with fixed returns, protected by the FDIC or NCUA up to $250,000.</li></ul>

CD Rates Today: March 5, 2025 – Take Home Up To 5.06%

Discover more