Best CD rates today, August 16, 2025 (best account provides 5.5% APY)

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Aug 16 2025

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Source: Yahoo Finance

Current CD Rates and Opportunities: With the Federal Reserve cutting rates, now is a good time to lock in competitive CD rates, especially from online banks and credit unions, with the highest currently at 5.5% APY for a 5-year term.
Types of CDs and Considerations: Various types of CDs, such as bump-up, no-penalty, jumbo, and brokered CDs, offer different benefits and flexibility, impacting the interest rate and overall investment strategy.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Best CD rates today, August 16, 2025 (best account provides 5.5% APY)

About the author

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