Best CD rates today, October 27, 2025 (Lock in up to 4.1% APY)

Core Insights - Today's CD rates are significantly higher than the national average, influenced by the Federal Reserve's recent interest rate cuts [1][3] - The highest CD rate currently available is 4.1% APY, offered by several institutions for various term lengths [2] - The national average CD rate for a 1-year term is 1.68%, indicating that current rates are among the highest seen in nearly two decades [3] Best CD Rates - As of October 27, 2025, the highest CD rate is 4.1% APY, available from Marcus by Goldman Sachs, Sallie Mae, and Synchrony for different term lengths [2] - Online banks and credit unions typically offer more competitive rates compared to traditional banks [3] National Average CD Rates - The national average interest rate for CDs is significantly lower than current offerings, with the highest rate for a 1-year term at 1.68% [3] - Current average CD rates are among the highest in nearly two decades, largely due to the Federal Reserve's actions to combat inflation [3] Finding the Best CD Rates - It is advisable to shop around and compare CD rates from various financial institutions before making a decision [4] - Online banks often provide higher interest rates due to lower overhead costs [4] - Potential investors should check minimum deposit requirements and review account terms, including early withdrawal penalties [4]