You can still earn a great return on a certificate of deposit, just don’t wait to deposit your money. As the Federal Reserve cut interest rates three times in 2024, average CD yields fell lower. They have stabilized in 2025 as the Fed has held off on more rate changes—for now.

Here are the 10 best rates for CDs in February 2025. All of these accounts are protected by either the Federal Deposit Insurance Corp. or National Credit Union Administration, unless otherwise noted. It’s critical to read all the fine print relating to an account before opening it to ensure you’re aware of potential restrictions or hurdles.

Certificates of deposit still offer one of the best ways to earn a high yield for a guaranteed term, just don’t wait as rates could fall further soon. The Federal Reserve has held its key rate steady since last September as inflation cools down,