Best Cd Rate Today 2024. You could take home more than 5.4% on a cd right now. The best cd rate is holding at 5.25%—and it's available on a remarkable 15 certificates ranging from 3 to 12 months.

But with the fed cutting rates today, cd returns will be coming down. The top cd rate held at 5.25% today, and it’s available from multiple institutions for terms of 3 to 12 months.