CD Rates in Free Fall: What This Means for Savers The era of high interest savings is coming to an end. The highest certificate of deposit (CD) rate currently stands at 4. 35%, offered by Sallie Mae's 3 year CD.
While this may seem like a decent return, the trend of declining CD rates has significant implications for savers.
Historically, CDs have been a staple of low risk investments, offering stable returns during periods of economic uncertainty.