CDs Can Be a Smart Alternative to Traditional Savings Accounts. Today's CD Rates, March 3, 2025

Key takeaways You can earn up to 4.65% APY with today's best CDs. CDs offer guaranteed returns and low risk in exchange for keeping your money in the account for the full term. A CD can be a great fit for savings goals with a specific timeline. Savings accounts aren't the only place to store your cash. Certificates of deposit are also worth considering. "In today's economy, where inflation and interest rates are fluctuating, CDs offer a safe way to park money and earn a guaranteed return," said Taylor Kovar, certified financial planner and CEO of 11 Financial. Today's best CDs have annual percentage yields (APYs) as high as 4.65% – more than three times the national average. And unlike a savings account, whose APY can change at any time, a CD has a fixed APY that can help you maximize your returns even when overall interest rates are down. Here are some of the highest CD rates available now and how much you could earn by depositing different amounts: Today's best CD rates Term H ... Read full article.