There currently isn’t a CD that’s close to keeping up with inflation.    Beating inflation, or at least keeping up with it, is important. If you’re not, you’re losing purchasing power. This means as time passes, your money won’t be able to buy as much as it does today. But the safety of a CD at an FDIC insured bank may be more important than keeping up with inflation for some of your savings. Just make sure your balances are within FDIC limits and guidelines.