Maximizing Your CD Investments: Tips and Insights.

The best CD term to buy right now depends on how much you want to deposit and how long you're willing to wait for your CD to mature. While a 9-month CD with a 5.65% APY offers the highest rate, a longer-term CD with a slightly lower rate, such as a 3-year CD with a 5.13% APY, could result in more interest earned. CD laddering is a strategy for those with a lot of funds to invest, while a single-term CD can be a good option for those who want to lock in the highest rate available for a set period of time.