Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and help your balance grow. However, rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. Overview of CD rates today Historically, longer-term CDs offered higher interest rates t ...

Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and help your balance grow. However, rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. Overview of CD rates today Historically, longer-term CDs offered higher interest rates t ...

Core Insights - The national average savings account interest rate is currently 0.39%, a significant increase from 0.06% three years ago [2] - Some of the best savings accounts are offering rates as high as 4% APY, indicating a competitive market for high-yield savings options [2][3] Summary of Savings Interest Rates - The national average savings account rate is 0.39% as reported by the FDIC, which is relatively low compared to other investment options [2] - The highest savings account rates available today reach up to 4% APY, offered by institutions such as SoFi, Valley Bank Direct, and Barclays [3] Interest Earnings Potential - A deposit of $1,000 at the average interest rate of 0.39% would yield a total of $1,003.91 after one year, resulting in $3.91 in interest [4] - In contrast, a high-yield savings account with a 4% APY would grow the same $1,000 deposit to $1,040.81, earning $40.81 in interest over the same period [4] Impact of Deposit Amounts - Increasing the deposit amount significantly enhances potential earnings; for example, a $10,000 deposit in a high-yield savings account at 4% APY would result in a total balance of $10,408.08 after one year, yielding $408.08 in interest [5]

Core Insights - The current economic climate has led to shorter-term CDs offering higher interest rates compared to longer-term CDs, which is a reversal of historical trends [2] Group 1: CD Rates Overview - As of January 18, 2026, the highest CD rate available is 4% APY, offered by Marcus by Goldman Sachs for a 1-year CD [2] - The amount of interest earned from a CD is determined by the annual percentage rate (APY), which accounts for the base interest rate and compounding frequency [3] Group 2: Interest Earnings Examples - Investing $1,000 in a one-year CD with 1.63% APY results in a total balance of $1,016.42 after one year, yielding $16.42 in interest [4] - A one-year CD with 4% APY would grow a $1,000 investment to $1,040.74, resulting in $40.74 in interest [4] - A $10,000 deposit in a one-year CD at 4% APY would mature to $10,407.42, earning $407.42 in interest [5] Group 3: 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 or more) and may offer higher interest 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 higher rates or flexible terms, but they carry additional risks and may not be FDIC-insured [5]

Find out how much you could earn with today’s savings rates. Interest rates on savings accounts have been falling, so it’s important to be sure you’re getting the best rate possible when shopping around for a savings account. The following is a breakdown of savings interest rates today and where to find the best offers. Overview of savings interest rates today The national average savings account rate stands at 0.39%, according to the FDIC. This might not seem like much, but consider that three years ag ...

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2024 and three times in 2025, indicating a potential decline in competitive CD rates in the future [1] - The best CD rates are currently found in shorter terms, particularly around one year or less, with online banks and credit unions leading in offering competitive rates [2] CD Rates Overview - As of January 3, 2026, the highest CD rate available is 4.1% APY from LendingClub for an 8-month CD [2] - The interest earned from a CD is determined by the annual percentage rate (APY), which reflects total earnings after one year, factoring in the base interest rate and compounding frequency [2] Interest Earnings Examples - An investment of $1,000 in a one-year CD at 1.63% APY would yield a total balance of $1,016.42 after one year, with $16.42 earned in interest [3] - Conversely, a one-year CD at 4% APY would grow the balance to $1,040.74, resulting in $40.74 in interest [3] Deposit Impact on Earnings - A deposit of $10,000 in a one-year CD at 4% APY would result in a total balance of $10,407.42 at maturity, earning $407.42 in interest [4] 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 [4] - No-penalty CDs permit early withdrawal without penalties, providing more liquidity [4] - Jumbo CDs require higher minimum deposits (typically $100,000 or more) and may offer higher interest rates, though the difference may be minimal in the current environment [4] - Brokered CDs are purchased through brokerages and may offer higher rates or flexible terms but carry additional risks and may not be FDIC-insured [4]

Group 1 - The highest CD rate available as of December 28, 2025, is 4.1% APY, offered by Sallie Mae Bank on its 15-month CD and Synchrony Bank on its 9-month CD [2] - Historically, longer-term CDs offered higher interest rates, but currently, shorter-term CDs are providing better rates due to the economic climate [2] - The interest earned from a CD is determined by the annual percentage rate (APY), which accounts for the base interest rate and the frequency of compounding [3] Group 2 - An investment of $1,000 in a one-year CD with 1.63% APY would yield a total balance of $1,016.42 after one year, while a 4% APY would result in a balance of $1,040.74 [4] - A deposit of $10,000 in a one-year CD at 4% APY would grow to $10,407.42, earning $407.42 in interest [5] - Different types of CDs include Bump-up CDs, No-penalty CDs, Jumbo CDs, and Brokered CDs, each offering unique benefits and varying interest rates [5]

Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and help your balance grow. However, rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. Overview of CD rates today Historically, longer-term CDs offered higher interest rates t ...

Find out how much you could earn with today’s money market account rates. Deposit interest rates (including money market account rates) have been falling over the past year. That's why it’s more important than ever to compare MMA rates and ensure you earn as much as possible on your balance. Overview of money market account rates today The national average money market account rate stands at 0.58%, according to the FDIC. This might not seem like much, but consider that three years ago, it was just 0.07%. ...

Core Insights - The current economic climate has led to shorter-term CDs offering higher interest rates compared to longer-term CDs, which is a reversal of historical trends [2] Group 1: CD Rates Overview - As of November 30, 2025, the highest CD rate available is 4.1% APY, offered by Marcus by Goldman Sachs on a 14-month CD and Sallie Mae on a 15-month CD [2] - The amount of interest earned from a CD is determined by the annual percentage rate (APY), which accounts for the base interest rate and the frequency of interest compounding [3] Group 2: Interest Earnings Examples - Investing $1,000 in a one-year CD with 1.7% APY results in a total balance of $1,017.13 after one year, with $17.13 earned in interest [4] - A one-year CD with 4% APY would grow the same $1,000 investment to $1,040.74, yielding $40.74 in interest [4] - A deposit of $10,000 in a one-year CD at 4% APY would result in a total balance of $10,407.42 at maturity, earning $407.42 in interest [5] Group 3: 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 of funds without incurring a penalty [5] - Jumbo CDs require a higher minimum deposit, typically $100,000 or more, and may offer higher interest rates, though the difference may be minimal in the current environment [5] - Brokered CDs are purchased through a brokerage and may offer higher rates or flexible terms, but they carry more risk and may not be FDIC-insured [5]