Best CD rates today, November 3, 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 from Marcus by Goldman Sachs for a 14-month term, with a minimum deposit of $500 [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 due to the Fed's inflation control measures [3] Best CD Rates - As of November 3, 2025, the top CD rate is 4.1% APY offered by Marcus by Goldman Sachs [2] - The competitive nature of CD rates is more pronounced among online banks and credit unions compared to traditional banks [3] Finding the Best CD Rates - It is advisable to shop around and compare CD rates from various financial institutions to find the best options [4] - Online banks typically offer higher interest rates on CDs due to lower overhead costs [4] - Potential investors should check minimum deposit requirements and review account terms, including early withdrawal penalties and auto-renewal policies [4]