Don’t wait to lock APY up to 4.65%. Today’s CD prices, February 5, 2025
- Today’s best CDs offer APYS up to 4.65%.
- Fed Pause Pause in January, but tariff reductions are expected later this year.
- Opening a CD can now help you maximize your revenue.
The days of heavenly high prices may end, but you can still win a great return with today The best deposit certificatesS The best CDs offer annual percentage yields or APY, up to 4.65% more than twice Average national level For some conditions.
Federal Reserve’s last pause means these APY will Stick for a little longerBut that doesn’t mean you have to wait to open the CD. Experts expect the Fed to start reducing tariffs later this year, so by locking in Apy now, you can protect your profit from a decline in rates.
Here are some of the highest CD prices and how much you could win by depositing $ 5,000.
Today’s best prices per CD
| Term | Highest Apy* | Bank | Profit |
|---|---|---|---|
| 6 months | 4.65% | Federal Credit Union across the country | $ 114,93 |
| 1 year | 4.45% | Federal Credit Union across the country | $ 222.50 |
| 3 years | 4.15% | America First Credit Union | $ 648.69 |
| 5 years | 4.25% | America First Credit Union | $ 1,156,73 |
Experts recommend comparing prices before opening a CD account to get the best possible APY. Enter your information below to get the best price of CNET partners for your area.
Why is the time to open CD now
APYS on CDS and Savings accounts Falling as Fed reduced interest three times at the end of 2024. But with inflation rose, Fed chose to Hold the speed stable At their meeting in January and experts believe they will have a break for a while. As a result, banks hedge their bets, maintaining the speed of CD relatively equal, especially given the uncertainty about the new administration’s policies.
“The purpose of the Fed is to reduce inflation further and if the tariffs come into play, they could have an inflation effect,” said Chad Olivier, a certified financial planning and executive director of The Olivier GroupS “Because of this uncertainty, I believe the Fed will take more waiting approach before making any moves.”
By providing a high APY now, you can maximize your profit potential. Your APY is locked when you open the CD, which means that the return speed will remain the same, even when the FED begins to reduce the speed of comparison again.
💰You can earn up to 5% APY for the best high-yield savings accounts. See today’s pricesS
Average prices per CD from week per week
| Term | Last week CNET average APY | This week CNET average APY | Weekly Change ** |
|---|---|---|---|
| 6 months | 4.10% | 4.10% | Unchanged |
| 1 year | 4.06% | 4.07% | +0.25% |
| 3 years | 3.54% | 3.55% | +0.29% |
| 5 years | 3.55% | 3.56% | +0.28% |
See these factors when you compare CDS
Competitive APY is important, but this is not the only thing you need to think. To find the right CD for you, weigh these things too:
- When you will need your money: Early penalties for withdrawal CDS can be eaten in your interest profit if you need your money before the deadline is over, so choose a time line that makes sense. As an alternative you can choose a CD-Panalty CDAlthough APY may not be as high as you would get with a traditional CD of the same term.
- Minimum Deposit Requirement: Some CDs require a minimum deposit to open an account, usually from $ 500 to $ 1,000. Knowing how much money you need to put aside can help you narrow your capabilities.
- Taxi: Maintenance and other fees can be reduced in your savings. Very much Online banks Do not charge a fee because they have more overhead costs than banks with physical branches. Read the fine print for each account you evaluate.
- Safety and security: Make sure the bank or Credit union You are considering being a fdic or ncua member so your money is protected If the bank failsS
- Customer ratings and reviews: Visit sites like Trustpilot to see what customers say about the bank. You want a bank that is responsive, professional and easy to work with.
Methodology
CNET is reviewing CD tariffs based on the latest APY information from the issuer’s websites. We have evaluated the CD percentages of more than 50 banks, credit unions and financial companies. We evaluate CDS based on APY, products, accessibility and customer service.
Current banks included in the weekly CD CNNA CDs include Allian Credit Union, Ally Bank, American Express National Bank, Barclays, Bask Bank, Bread Saves, CFG Bank, CIT, FulBRI Direct, Quontic, Rising Bank, Synchrony, Everbank, Popular Bank, First Internet Bank of Indiana, America First Federal Credit Union, Federal Credit Union in Community, Discover, BMO CHEM, LIMELIGHT BANK, First National Union.
*APYS since February 4, 2025 based on the banks we are tracking on CNET. The profits are based on APY and suggest that the interest is complicated annually.
** Weekly increase/decrease in percentage from January 27, 2025 to February 3, 2025
More about CDS
English