Highest CD Interest Rates on May 9, 2025 – Strategies to Secure a 4.50% Profit for Periods of 3 to 18 Months
Hot CD Deals You Don't Want to Miss Out On
Toggle between locking in top nationwide rates and earning big with multiyear CDs! Here are some tantalizing offers to pique your savings savvy:
Short-Term Hot Deals
- Need a quick return? Stash your dollars for as little as three months with a 4.50% APY offered by PonceBankDirect. Like the idea but want more flexibility? Eight institutions boast a 4.50% rate for terms of 6 to 13 months, such as OMB's 9-month debut from yesterday and Greenwood Credit Union's 12-month unveiling from Monday.
- For the longest lock-in possible, XCEL Federal Credit Union guarantees its 4.50% APY for 18 months, granting a reliable return until November 2026.
All federally insured institutions are equally protected, regardless of size, thanks to FDIC banks and NCUA credit unions. Your deposits are insured up to $250,000 per person and institution.
Multiyear CDs for the Long Run
Want to secure your APY even longer? Check out these top-tier rates for 3-year through 5-year certificates, ranging from 4.28% to 4.32%:
- 21-Month CD: Feel cozy with a 4.40% APY from PenAir Credit Union until February 2027.
- 30-Month CD: Save for a slightly longer duration with 4.32% APY from Genisys Credit Union.
Multiyear CDs are an excellent choice given the anticipated Fed rate cuts in 2025. With key banks already lowering the federal funds rate by a full percentage point in late 2024 and potentially resuming cuts later this year, securing a rate now could offer you a significant advantage in today's volatile economy.
*Remember: jumbo CDs (requiring larger deposits) might offer higher yields in certain cases, such as Lafayette Federal Credit Union's jumbo 2-year CD (4.33% vs. 4.28% standard) and Hughes Federal Credit Union's jumbo 3-year CD (4.34% vs. 4.32% standard).
Stay tuned for daily rate updates on the best 3-month to 5-year CDs, as well as high-yield savings and money market accounts!*
Looking for more details?
The current trend in top-paying multiyear CD rates lies between 4.28% and 4.50% APY, with most top-tier offers coming primarily from credit unions. Credit unions such as EagleBank, Lafayette Federal Credit Union, and Quorum Federal Credit Union often provide some of the best rates[1].
Jumbo CDs, requiring larger deposits, occasionally offer higher yields, like Lafayette Federal Credit Union's jumbo 2-year CD (4.33% vs. 4.28% standard) and Hughes Federal Credit Union's jumbo 3-year CD (4.34% vs. 4.32% standard)[3]. Typical CD rates are generally around 4% for terms like 3 years[4].
It's also worth noting that alternative products, such as Multi-Year Guaranteed Annuities (MYGAs), might offer higher yields (around 6% for 3 years), yet their structure and associated risks differ from CDs[5].
- In the current market, personal-finance enthusiasts can explore trading their funds in high-yield multiyear CDs, such as the 4.40% APY 21-Month CD offered by PenAir Credit Union, for a reliable return over the next few years.
- For those seeking innovativefinance solutions, Initial Coin Offerings (ICOs) could be another avenue to consider, as they often involve the creation and trading of tokens, providing potential opportunities for increased liquidity in the market.
- As a strategic move for long-term personal-finance planning, investors might find it beneficial to diversify their portfolio by include CDs, ICOs, and traditional investments like stocks and bonds, thus optimizing overall returns while managing risk effectively.
