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Best CD Rates August 2024 - 9.5% 5-Month CDThe best CD rates today are mostly in the mid-4% for one-year terms and in the mid-3% for three- to five-year terms. The best CD rates range from percent APY to percent APY. This top rate is offered by Amerant for a 6-month term, and is roughly three times higher. A Chase Certificate of Deposit (CD) account offers guaranteed rates with short- or long-term options. See CD rates and terms.