Top CD Rates Today, July 17, 2025 — Secure a Guaranteed 4.60% Into 2027

Introduction to CDs and Their Benefits

CDs, or certificates of deposit, are a type of savings account that offers a fixed interest rate for a specific period of time. They are a great way to save money and earn interest, as they tend to offer higher interest rates than traditional savings accounts. In this article, we will explore the current state of CD rates, the best options available, and how to find the best rates.

Current CD Rates

The current top national CD rate is 4.60%, available from Genisys Credit Union for a 19-month term. This rate is guaranteed until February 2027. Behind Genisys, there are 13 more CDs offering at least 4.50% APY, including a 21-month CD from PenAir Credit Union that guarantees the rate until spring 2027.

Locking in Your APY with Multiyear CDs

For those who want to lock in their APY for a longer period, there are options available. Lafayette Federal Credit Union offers a 4.28% CD for 3, 4, or 5 years, while NASA Federal Credit Union offers a 4.40% APY on a 49-month term. These longer-term guarantees offer slightly lower APYs, but they can provide a sense of security and stability.

Historically High Returns

Although CD rates may have pulled back from their peak, the best options still offer impressive returns. In October 2023, the highest CD rates reached 6%, and today’s leading rate is 4.60%. This is still much higher than the rates available in early 2022, when the highest CD rates ranged from 0.50% to 1.70%.

Jumbo CDs

Jumbo CDs typically require larger deposits and may offer premium rates. However, today’s top jumbo CD rates only outpace the best standard rates in two of the eight terms tracked. This makes it essential to compare both options when shopping for CDs. Hughes Federal Credit Union offers 4.34% for a jumbo 3-year CD, while GTE Financial and Lafayette Federal Credit Union offer 4.33% for jumbo 5-year CDs.

Future of CD Rates

The future of CD rates in 2025 and 2026 remains uncertain, especially with paused tariff activity under the Trump administration. However, further rate cuts could come later this year, which could lead to lower CD rates. With today’s CD rates potentially representing the best rates for a while, now is an ideal time to lock in the best rate that fits your timeline.

How to Find the Best CD Rates

To find the best CD rates, it’s essential to shop around and compare rates from different banks and credit unions. Investopedia tracks the rate data of over 200 banks and credit unions that offer CDs to customers nationwide and determines daily rankings of the top-paying certificates in every major term. To qualify for these lists, the institution must be federally insured, and the CD’s minimum initial deposit must not exceed $25,000.

Conclusion

In conclusion, CDs are a great way to save money and earn interest. With the current top national CD rate at 4.60% and other options offering at least 4.50% APY, there are many great options available. By locking in your APY with a multiyear CD, you can secure a sense of stability and security. Although the future of CD rates is uncertain, now is an ideal time to shop around and find the best rate that fits your timeline. Remember to always compare rates and terms from different banks and credit unions to find the best option for you.