Best CD Rates July 2025: Top High-Yield CDs to Maximize Savings
Compare current certificate of deposit (CD) rates from leading banks and online lenders to maximize your savings.
Certificate of deposit (CD) rates are near multi-year highs in mid-2025. Short-term CDs now offer well over 4% APY, making them attractive for savers who want guaranteed returns with FDIC protection while waiting for higher yields to drop. For example, Motley Fool Money reports top CDs yielding up to 4.55% APY.fool.com Below are the highest CD rates currently available, from six-month CDs up to multi-year options, along with their terms and features.
Our Top Picks at a Glance
United Fidelity Bank 6-Month CD
United Fidelity Bank’s 6-month CD offers one of the market’s highest short-term yields at 4.55% APY.unitedfidelity.com An online-only bank, United Fidelity requires a $1,000 opening depositunitedfidelity.comand FDIC-insures the account. CDs automatically renew at maturity at the current standard rate. Financial sites note that locking in these high yields now is wisefool.comahead of potential rate cuts.fool.com
Pricing
Key Features
- 4.55% APY for 6-month termunitedfidelity.com
- Low $1,000 minimum depositunitedfidelity.com
- Fixed-rate for full term, then auto-renews
- 10-day grace period at maturityunitedfidelity.com
- FDIC-insured (up to $250,000)
Pros
- Among the highest APYs for a 6-month CDfool.com
- No monthly fees or maintenance
- Quick maturity (6 months) keeps funds accessible
- Low deposit requirement compared to many top CDs
- Automatic renewal helps maintain high yield
Cons
- Funds tied up for 6 months (early withdrawal penalty applies)
- Only one term length available at peak yield
- Smaller regional bank (brand recognition lower than national)
- No IRA option
Newtek Bank 6-Month CD
Newtek Bank (a Texas-based financial institution) offers a 6-month CD at 4.50% APY,newtekbank.com one of the best mid-2025 yields for that term. The account requires a $2,500 minimum deposit,depositaccounts.com reflecting its business-bank focus, but delivers a fixed 4.50% return for half a year. Like other CDs, it is FDIC insured and automatically renews at maturity. This rate is significantly higher than what traditional brick-and-mortar banks pay on short-term deposits.
Pricing
Key Features
- 4.50% APY for 6-month termnewtekbank.com
- Minimum deposit $2,500depositaccounts.com
- Fixed rate through term, auto-renews at maturity
- FDIC-insured certificate
- No monthly maintenance fees
Pros
- Excellent 6-month yield (4.50% APY)newtekbank.com
- Guaranteed fixed return for 6 months
- Better rate than national average for similar terms
- No ongoing fees for account maintenance
- Online account management available
Cons
- High $2,500 minimum depositdepositaccounts.com
- Geared toward business deposits (may be less user-friendly for retail)
- Funds are locked in for 6 months (early withdrawal penalty)
- Limited branch access (primarily online bank)
Presidential Bank 7-Month CD
Presidential Bank’s 7-month CD provides 4.50% APY,presidential.com matching the top mid-2025 rates. The personal banking site for Presidential Bank (based in Minnesota) shows this rate for new accounts.presidential.com Only $1,000 is required to open the CD,presidential.com but deposits must be “new money” (funds not already at the bank) . This short-term CD is FDIC-insured and automatically renews, but, like all CDs, it charges a penalty if withdrawn before the 7-month term ends.
Pricing
Key Features
- 4.50% APY for 7-month termpresidential.com
- Low $1,000 minimum depositpresidential.com
- New-money-only requirement (no transfers from existing accounts)presidential.com
- FDIC-insured deposit
- Fixed rate, auto-renews at maturity
Pros
- High yield for sub-1-year maturity
- Short lock-in period (7 months)
- Low $1,000 deposit makes it accessible
- Automatic renewal locks in rate if not withdrawn
- No monthly fees
Cons
- Requires new external fundspresidential.com(must not be already at Presidential Bank)
- Penalty applies for any early withdrawal
- Only one specific term (no IRA or bump-up options)
- Smaller regional bank (limited presence outside Midwest)
LendingClub Bank 14-Month CD
LendingClub Bank’s online CD account pays 4.25% APY on a 14-month term.lendingclub.com This fintech-backed bank requires only $500 to open,lendingclub.com making it easy to set up even with modest savings. The 14-month CD offers a competitive yield (though below the 4.5% top), and is FDIC insured like any bank account. Funds earn the fixed rate through the term; an early withdrawal penalty applies at standard rates.
Pricing
Key Features
- 4.25% APY for 14-month termlendingclub.com
- Low $500 minimum depositlendingclub.com
- FDIC-insured certificate
- Managed online via LendingClub’s website
- 10-day best-rate guarantee on funding
Pros
- Very accessible ($500 min)lendingclub.com
- Competitive 14-month rate (higher than many banks)
- Trusted fintech bank, easy online access
- Rates locked for over a year (good return)
- Optional 10-day protection to get best rate
Cons
- APY lower than top short-term options
- Funds tied up for 14 months (early withdrawal penalty)
- Online-only (no in-person branch service)
- No bump-up or no-penalty CD versions
Conclusion
As of July 2025, CD rates are unusually high, so it makes sense to lock in these yields now. Experts note that with possible Fed rate cuts on the horizon, savers should secure fixed returns before rates fall.fool.com A smart strategy is to choose a mix of terms (for example, combining a 6-month CD at 4.55% APY with a longer CD) to balance flexibility and rate. Always consider your liquidity needs and early withdrawal penalties when choosing a CD. Overall, the above CDs offer some of the strongest APYs available today,fool.com helping your savings grow safely.