Best CD rates today, September 15, 2025 (Lock in up to 4.45% APY)

Group 1 - The Federal Reserve has reduced its target interest rate three times in 2024, impacting deposit account rates and creating an opportunity to lock in high CD rates [1] - As of September 15, 2025, the highest CD rate available is 4.45% APY offered by LendingClub for an 8-month CD [2] - The national average CD rates are significantly lower, with the highest average rate for a 1-year term at 1.76% as of August 2025, reflecting the highest rates seen in nearly two decades due to the Federal Reserve's actions against inflation [3] Group 2 - To find the best CD rates, it is advisable to shop around and compare rates from various financial institutions, particularly online banks which typically offer more competitive rates due to lower overhead costs [4] - Higher CD rates may come with higher minimum deposit requirements, so it is essential to ensure that the planned deposit aligns with these requirements [4] - Reviewing account terms and conditions is crucial, including early withdrawal penalties and auto-renewal policies, with some CDs offering no-penalty options for greater flexibility [4]