Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Key TakeawaysToday’s highest CD rate is 5.39% for a 3-month CD.CD rates from online banks are commonly twice as high as the national average rates.CD ladders let you leverage high rates without locking up all of your money long-term.As of today, the best interest rates on CDs—certificates of deposit—pay up to 5.39%, based on certificate term lengths. Here’s an overview of how CD rates are changing, followed by a guide to the current top CD rates across different terms.Related: Compare the Best CD RatesHighest CD Rates TodayCD Rates TodayTERMHIGHEST APYAVERAGE APY3 Months5.39%1.29%6 Months5.27%1.82%1-Year CD (12 M)5.37%1.97%2-Year CD (24 M)5.12%1.72%3-Year CD (36 M)4.72%1.63%5-Year CD (60 M)4.65%1.62%Jumbo CD5.40%1.85%Source: Curinos. Rates are based on a $25,000 minimum deposit. Data accurate as of July 9, 2024.A CD is a type of savings account that...
