The best CD rates today, May 3, are above 4.00%. Top offers include: OMB, 7 months: 4.65% APY United Fidelity Bank, 6 months: 4.55% APY United Fidelity Bank, 10 months: 4.50% APY NBKC Bank, 7 ...

For example, you might open a 5-year CD now, a 4-year CD next year and a 3-year CD the year after that. Then, in 2030, you'll have the returns of all three CDs to use to your advantage.