Best CD rates today, March 22, 2026 (lock in up to 4.15% APY)

Overview of CD Rates - The highest CD rate available today is 4.15% APY, offered by LendingClub on its 8-month CD [2] - Historically, longer-term CDs provided higher interest rates, but currently, shorter-term CDs are more competitive [2] Interest Earnings from CDs - The interest earned from a CD is determined by the annual percentage rate (APY), which accounts for the base interest rate and compounding frequency [3] - For example, a $1,000 investment in a one-year CD at 1.52% APY would yield a total of $1,015.20 after one year, while a 4% APY would result in $1,040.74 [4] Impact of Deposit Amounts - The total interest earned increases with the deposit amount; a $10,000 investment in a one-year CD at 4% APY would grow to $10,407.42, earning $407.42 in interest [5] Types of CDs - Bump-up CDs allow for a one-time request to increase the interest rate if the bank's rates rise during the term [5] - No-penalty CDs permit early withdrawal without penalties, providing more liquidity [5] - Jumbo CDs require a higher minimum deposit (typically $100,000) and may offer higher rates, though the difference from traditional CDs may be minimal in the current environment [5] - Brokered CDs are purchased through a brokerage and may offer better rates or terms but come with additional risks and may not be FDIC-insured [5]