The CD rates below are a historical snapshot from April 2025, not today’s offers. The April 3, 2025 roundup from The Motley Fool lists six bank certificates of deposit, with rates accurate as of April 2, 2025 and attributed to the issuing banks. Four of those six paid 4.55% APY or more. The headline’s claim of a dozen offers at that level is not supported by the table, which shows six.
Rates from the April 2025 snapshot
The table below reproduces the six entries in the April 3, 2025 article, sorted from highest to lowest APY. Every figure is as reported in April 2025 and should not be treated as a current quote.
| Issuer | APY | Term | Minimum deposit |
|---|---|---|---|
| OMB | 4.65% | 7 months | $1,000 |
| DR Bank | 4.65% | 6 months | $500 |
| United Fidelity Bank | 4.60% | 10 months | $1,000 |
| Brilliant Bank | 4.55% | 9 months | $1,000 |
| Marcus by Goldman Sachs | 4.50% | 14 months | $500 |
| LendingClub | 4.50% | 10 months | $2,500 |
The same article does not give early-withdrawal penalties for these offers, and it does not describe insurance coverage for each issuer. Those two items decide how much a CD’s headline rate is worth, so the table alone cannot answer whether any of these was the better choice.
Why the “dozen offers” headline does not hold
The headline says twelve offers were paying 4.55% or better. The table in the same article lists six offers in total, and four of them meet that threshold: OMB, DR Bank, United Fidelity Bank and Brilliant Bank. The remaining eight offers cited by the headline do not appear in the article’s data, so their existence and rates cannot be confirmed from it. This page does not fill that gap by assumption.
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The data date also differs from the headline date. The rates were accurate as of April 2, 2025, one day before the article’s publication. Because the figures come from secondary reporting that attributes them to issuing banks, they describe what those banks offered on that date, not what any reader could open today.
Should you open a CD at these rates?
Not on the strength of this list. The April 2025 rates tell you what was on offer then, and rates on certificates of deposit change with the market. A CD is a reasonable fit only when the conditions below hold, and each should be checked against live terms.
- You will not need the money before the maturity date, or you accept the early-withdrawal penalty if you do.
- The term matches a date you actually have in mind, such as a known expense or a planned reserve for a set period.
- The issuer is an insured bank or an insured credit union, and your total balance at that institution stays within the coverage limit that applies to your account.
- The APY is higher than what you could earn on a comparable liquid account over the same period, after you account for the penalty risk.
What to check before you open a CD
The Consumer Financial Protection Bureau’s consumer guidance on CDs states: “When you shop for a CD, compare different offers by looking at the term (that is, the time you agree to leave your money in the CD), the interest rate you earn, and the amount of the penalty for withdrawing money before the end of the term.” That guidance, last reviewed August 28, 2026, names three comparison points. The April 2025 table covers only two of them.
Term and early-withdrawal penalty
Ask the issuer for the penalty in writing before you deposit. A penalty is usually expressed as a number of months of interest, and it can reduce your principal if you withdraw early and the accrued interest is not enough to cover it. A higher APY with a steep penalty can be worse than a slightly lower APY you can leave untouched.
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Read the agreement for what happens at maturity. Some CDs renew automatically into a new term at whatever rate the bank is then offering, and the notice window for opting out can be short. Mark the maturity date and the deadline for withdrawing without renewal.
Insurance coverage
Federal Deposit Insurance Corporation coverage for deposits at insured banks is generally limited to $250,000 per depositor, per insured bank, per ownership category. Balances in the same ownership category at the same bank are added together against that limit, and accrued interest counts toward it. A CD that pushes your balance over the limit at one bank may not be fully covered. Credit union certificates are insured by the National Credit Union Administration rather than the FDIC, and you should confirm the current coverage terms directly with the NCUA before relying on them.
Market-linked and callable CDs
Some market-linked CDs, whose returns depend on an index or other market measure, may let the bank call the account before maturity. If the agreement allows that, the term you planned for may end early, and you may have to reinvest at a lower rate. Confirm whether any call provision applies before you compare these products with fixed-rate CDs.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How to compare current CD offers
- Pull each issuer’s live APY, term, and minimum deposit from its own rate page or disclosure, not from a roundup article.
- Confirm the date on each rate, since offers can change within days.
- Find the early-withdrawal penalty in the account agreement and calculate what it would cost you if you needed the money halfway through the term.
- Check whether the account renews automatically and when the opt-out deadline falls.
- Verify that the institution is an FDIC-insured bank or an NCUA-insured credit union, and total your balances at that institution against the coverage limit.
- Confirm whether the product is market-linked or callable.
Comparing offers on APY alone will tend to favor the highest rate even when its penalty or renewal terms make it a poor fit. Working through these steps for each candidate gives a fairer comparison than the headline rate.
For more background on how deposit accounts compare, see our guide to compare CD accounts and our overview of CD rates by term.
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