Best CD rates today, November 15, 2025 (best account provides 4.1% APY)

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2024 and announced a second rate cut for 2025, indicating a potential decline in competitive CD rates in the near future [1] - The best CD rates are currently found in shorter terms, particularly from online banks and credit unions, with the highest rate at 4.1% APY as of November 15, 2025 [3] CD Rates Overview - The highest CD rates are available for terms around one year or less, with notable offers from Marcus by Goldman Sachs, Sallie Mae, and Synchrony [3] - The amount of interest earned from a CD is determined by the annual percentage rate (APY), which reflects total earnings after one year, factoring in compounding [3] Interest Earnings Examples - An investment of $1,000 in a one-year CD at 1.70% APY would yield a total of $1,017.13 after one year, while a 4% APY would result in $1,040.74 [4] - Increasing the deposit to $10,000 in a one-year CD at 4% APY would result in a total balance of $10,407.42, earning $407.42 in interest [5] Types of CDs - Various types of CDs offer different benefits, including Bump-up CDs, No-penalty CDs, Jumbo CDs, and Brokered CDs, each with unique features and potential trade-offs in interest rates [5]