Best CD Rates for June 2025: Earn Up to 4.60%
Certificates of Deposit (CDs) are still one of the most reliable ways to get a guaranteed return on your savings. The Fed has been cutting rates over the past year, and many experts think today’s high CD rates could start dropping soon. So locking in a top APY now makes sense. Whether you want a no-penalty CD or a short-term option with competitive returns, these banks have standout CD products this June. Here are the best rates and terms, plus links to each bank.
Synchrony Bank has a bump-up CD that lets you ask for a one-time rate increase if rates go up during your term. That gives you more flexibility and a chance at higher returns. No minimum deposit, and rates are consistently competitive. It’s an easy way to grow your savings.
Marcus offers a 13-month no-penalty CD with a strong APY. You need a $500 minimum deposit, but after the first seven days you can withdraw your full balance anytime without a penalty. Good for people new to CDs or anyone who wants both liquidity and decent earnings.
Pacific Western Bank has some of the highest short-term APYs out there. It’s a good pick if you want to maximize returns without locking money away for years. CDs are available through Raisin with a $1 minimum deposit. In-person banking is limited to California, but the online platform makes access easy.
Bread has competitive CD rates across terms from one to five years. Their digital platform is user-friendly and yields are consistently strong. No physical branches means lower overhead and higher rates for you. Easy to find a maturity date that fits your savings goals.
BrioDirect is a top pick for short-term CDs with high yields. Low minimum deposits and above-average APYs on 6- and 9-month terms. Great if you want strong returns but aren’t ready to lock up funds for years. Online support and simple account setup make it accessible.
Ponce Bank has one of the shortest CD terms around: a high-yield 1-month CD. It’s flexible for savers who need quick access to their money but still want a better rate than a savings account. Branches are only in New York, but you can open an account online through Raisin.
Ally Bank has a full lineup of CD products: no-penalty, high-yield, and raise-your-rate CDs. No minimum deposit, a well-designed digital experience, and consistently strong interest rates. You can pick the product that best matches your financial plans.
