Top 10 CD APYs for August 2025 (Up to 6%)

Understanding the Current Landscape of CD Rates

Despite the Federal Reserve keeping interest rates stable this year, financial experts predict that certificate of deposit (CD) yields will likely decrease in the near future. While average CD yields currently range from 0.23% to 1.63%, some options still offer significantly higher returns. This makes it an opportune time for individuals looking to secure a competitive rate before potential reductions occur.

Experts suggest that locking in a high yield now might be one of the last chances to benefit from favorable conditions. Some of the best CD offers are already surpassing 4%, but these rates may not remain available for long if the Fed decides to intervene further.

Key Considerations When Choosing a CD

Before opening a CD, it's essential to assess whether it aligns with your financial goals. High-yield CDs often come with specific requirements such as minimum deposits, regional restrictions, or membership criteria. Understanding these factors can help you make an informed decision about which CD suits your needs best.

Predictions and Trends in CD Rates

The CME Group’s FedWatch tool predicts at least two rate cuts by the end of the year, which could lead to lower CD rates. However, these predictions are not guaranteed. If the Fed maintains its current stance, short-term CD rates may remain steady or slightly decline. For longer-term CDs, banks may anticipate lower yields and adjust their rates accordingly.

Top CD Offers for August 2025

Below is a list of the top CD rates available in August 2025, all of which are insured by either the Federal Deposit Insurance Corp. or the National Credit Union Administration:

• Financial Partners Credit Union: Up to 6.00% APY on an 8-month promotional CD.
• Geismar Complex Federal Credit Union: Up to 5.11% APY on a 1-year CD.
• California Coast Credit Union: Up to 5.00% APY on a 5-month CD.
• A+ Federal Credit Union: Up to 5.00% APY on a 12-month CD.
• Geismar Complex Federal Credit Union: Up to 4.86% APY on a 6-month CD.
• Ocean Bank: Up to 4.80% APY on a 6-month CD.
• 5Point Credit Union: Up to 4.76% APY on a CD.
• Merchants Bank of Indiana: Up to 4.60% APY on a 12-month flex CD.
• Providence Bank: Up to 4.60% APY on a 4-month CD.
• Evolve Federal Credit Union: Up to 4.59% APY on a 6-month CD.

More Accessible CD Options

While many high-yield CDs have strict eligibility criteria, there are also more accessible options available. These CDs typically require a lower minimum deposit and have fewer restrictions:

• Newburg Bank: Up to 4.52% APY on an 18-month variable-rate CD.
• DR Bank: Up to 4.51% APY on a 6-month CD.
• Northern Direct Bank: Up to 4.50% APY on a 6-month CD.
• Limelight Bank: Up to 4.45% APY on a 6-month CD.
• One American Bank: Up to 4.45% APY on a 6-month CD.

These options provide a balance between competitive rates and accessibility, making them ideal for those who want to take advantage of high yields without facing restrictive conditions. Always review the terms and conditions of any CD before opening an account to ensure it meets your financial needs.