Best CD Rates for September 2025: Earn Up to 4.4% APY with Marcus by Goldman Sachs

As of September 7, 2025, the highest CD rate is 4.4% APY offered by Marcus by Goldman Sachs on its 6-month CD. The amount of interest earned from a CD depends on the APY, and longer-term CDs typically offered higher rates historically. However, in today's economic climate, shorter-term CDs offer better rates. CD rates vary widely across financial institutions, so it's essential to shop around for the best offers.

As of September 7, 2025, the highest CD rate stands at 4.4% APY, offered by Marcus by Goldman Sachs on its 6-month CD. This rate is significantly higher than traditional savings accounts and represents a competitive return in the current economic climate [1]. While longer-term CDs historically offered higher rates, the current economic conditions favor shorter-term CDs, which provide better returns.

CD rates vary widely across different financial institutions, making it essential for investors to shop around for the best offers. Online banks, in particular, often provide higher interest rates than traditional brick-and-mortar banks due to lower overhead costs [1]. However, it is crucial to ensure that any online bank considered is FDIC-insured to protect deposits.

Experts suggest that short-term CDs, such as 6-month options, currently offer the most attractive rates. As of September 2025, a 6-month CD could yield an above-average rate, providing a balance between earning interest and maintaining liquidity [2]. This trend is driven by the uncertainty in the rate environment and the expectation of future rate cuts by the Federal Reserve.

Medium-term CDs, such as 1-year options, also present opportunities for solid returns. While these rates may not be as high as shorter-term CDs, they offer flexibility and can be a good choice for stashing funds for future purchases, such as tuition or a down payment on a car [2]. Long-term CDs, however, are not the best option for maximizing returns in the current environment.

Investors should consider their financial goals and liquidity needs when choosing a CD. For those seeking to maximize returns, short-term CDs are the best option. For those who want to preserve their cash and have a safe, predictable savings vehicle, a CD ladder strategy can be beneficial. This strategy involves splitting deposits across multiple CDs with varying terms to lock in today's rates while ensuring liquidity at regular intervals [2].

In conclusion, while CD rates may not be at their peak, they remain relatively high by historical standards. As of September 2025, short-term CDs offer the greatest yields, but it is essential to compare options from various financial institutions to find the best fit for your needs.

References:
[1] https://finance.yahoo.com/personal-finance/banking/article/best-cd-rates-today-september-3-2025---lock-in-up-to-44-apy-100009325.html
[2] https://www.cbsnews.com/news/what-cd-terms-offer-the-biggest-returns-september-2025/