Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025, so now could be your last chance to lock in a competitive CD rate before rates fall further. CD 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 Generally, the best ...

Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025, so now could be your last chance to lock in a competitive CD rate before rates fall further. CD 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 Generally, the best ...

Core Insights - The Federal Reserve has cut the federal funds rate three times in 2025, making it a critical time for investors to lock in competitive CD rates before potential further declines [1] - The highest CD rate currently available is 4% APY, offered by Marcus by Goldman Sachs for a one-year CD as of February 7, 2026 [2] CD Rates Overview - Best CD rates are generally found in shorter terms of around one year or less, with online banks and credit unions leading in competitive offers [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 1.61% APY would yield a total balance of $1,016.22 after one year, including $16.22 in interest [3] - Conversely, a one-year CD at 4% APY would grow the same $1,000 investment to $1,040.74, resulting in $40.74 in interest [3] Deposit Impact on Earnings - Increasing the deposit amount in a CD significantly enhances potential earnings; for example, a $10,000 deposit in a one-year CD at 4% APY would result in a total balance of $10,407.42, yielding $407.42 in interest [4] Types of CDs - Various types of CDs offer different benefits, which may include: - **Bump-up CD**: Allows for a one-time request to increase the interest rate if the bank's rates rise during the term [4] - **No-penalty CD**: Provides the option to withdraw funds before maturity without incurring a penalty [4] - **Jumbo CD**: Requires 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 [4] - **Brokered CD**: Purchased through a brokerage, potentially offering higher rates or flexible terms, but may carry more risk and lack FDIC insurance [4]

Key Takeaways While Many Savings Rates Have Slipped, the Top APY Is Hanging On at 5% Even after the Federal Reserve cut interest rates three times last fall, the very top savings account rate hasn't budged. The leading APY was already at 5.00% before the first cut in September—and it's still there today, despite additional reductions in October and December pushing the federal funds rate down a total of 0.75 percentage points. That doesn't mean the broader savings market has been immune to the Fed's moves. ...

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2025, making it a critical time for investors to lock in competitive CD rates before potential further declines [1] - The highest CD rate available as of January 31, 2026, is 4% APY, offered by Marcus by Goldman Sachs for a one-year CD [2] CD Rates Overview - Best CD rates are currently found in shorter terms, particularly around one year or less, with online banks and credit unions leading in competitive rates [2] - The amount of 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 with 1.61% APY would yield a total balance of $1,016.22 after one year, including $16.22 in interest [3] - Conversely, a one-year CD with a 4% APY would grow the same investment to $1,040.74, resulting in $40.74 in interest [3] Deposit Impact on Earnings - Increasing the deposit amount in a CD significantly enhances potential earnings; for example, a $10,000 deposit in a one-year CD at 4% APY would result in a total balance of $10,407.42, yielding $407.42 in interest [4] Types of CDs - Various types of CDs offer different benefits, which may include accepting a lower interest rate for added flexibility [4] - Bump-up CD: Allows for a one-time request to increase the interest rate if the bank's rates rise during the term [4] - No-penalty CD: Enables early withdrawal without penalties [4] - Jumbo CD: Requires a higher minimum deposit (typically $100,000 or more) and may offer higher interest rates, though the difference from traditional CDs may be minimal [4] - Brokered CD: Purchased through a brokerage, potentially offering higher rates or flexible terms but carries more risk and may not be FDIC-insured [4]

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2025, making it a critical time for investors to lock in competitive CD rates before potential further declines [1] - The highest CD rate currently available is 4% APY, offered by Marcus by Goldman Sachs for a one-year CD [2] CD Rates Overview - Best CD rates are generally found in shorter terms of around one year or less, with online banks and credit unions leading in competitive rates [2] - The amount of 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 1.61% APY would yield a total balance of $1,016.22 after one year, including $16.22 in interest [3] - Conversely, a one-year CD at 4% APY would grow the same $1,000 investment to $1,040.74, resulting in $40.74 in interest [3] Deposit Impact on Earnings - Increasing the deposit amount in a CD significantly enhances potential earnings; for example, a $10,000 deposit in a one-year CD at 4% APY would result in a total balance of $10,407.42, yielding $407.42 in interest [4] Types of CDs - Various types of CDs offer different benefits, which may include accepting a slightly lower interest rate for added flexibility [4] - 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, while Jumbo CDs require higher minimum deposits (typically $100,000 or more) and may offer higher rates [4] - Brokered CDs are purchased through a brokerage and can provide higher rates or flexible terms, but may carry more risk and lack FDIC insurance [4]

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]

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2025, making it a critical time for investors to lock in competitive CD rates before potential further declines [1] - The highest CD rate currently available is 4% APY, offered by Marcus by Goldman Sachs for a one-year CD as of January 17, 2026 [2] CD Rates Overview - Best CD rates are generally found in shorter terms of around one year or less, with online banks and credit unions leading in competitive offers [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 [2] Interest Earnings Examples - 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, including $16.42 in interest [3] - Conversely, a one-year CD with a 4% APY would result in a total balance of $1,040.74, yielding $40.74 in interest [3] Deposit Impact on Earnings - A deposit of $10,000 in a one-year CD at 4% APY would grow to $10,407.42 at maturity, resulting in $407.42 in interest earned [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 flexibility [4] - Jumbo CDs require higher minimum deposits (typically $100,000 or more) and may offer higher interest rates, though the difference from traditional CDs may be minimal in the current environment [4] - 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 [4]

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2025, making it a critical time for investors to lock in competitive CD rates before potential further declines [1] - The highest CD rate currently available is 4% APY, offered by Marcus by Goldman Sachs for a one-year CD [2] Summary of CD Rates - Best CD rates are generally found in shorter terms of around one year or less, with online banks and credit unions leading in competitive rates [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 [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, resulting in $16.42 in interest [3] - Conversely, a one-year CD at 4% APY would grow the same $1,000 investment to $1,040.74, earning $40.74 in interest [3] Impact of Deposit Amounts - Increasing the deposit amount in a CD significantly enhances potential earnings; for example, a $10,000 deposit in a one-year CD at 4% APY would result in a total balance of $10,407.42, yielding $407.42 in interest [4] Types of CDs - Various types of CDs offer different benefits, including: - Bump-up CD: Allows for a one-time request to increase the interest rate if rates rise during the term [4] - No-penalty CD: Provides the option to withdraw funds before maturity without incurring a penalty [4] - Jumbo CD: Requires 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 [4] - Brokered CD: Purchased through a brokerage, potentially offering higher rates or flexible terms but with increased risk and possible lack of FDIC insurance [4]

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2024 and announced a third rate cut for 2025, indicating a potential decline in competitive CD rates in the near future [1] - The best CD rates are currently found at online banks and credit unions, particularly for shorter terms of around one year or less [3] CD Rates Overview - As of December 27, 2025, the highest CD rate available is 4.1% APY, offered by Sallie Mae Bank for a 15-month CD and Synchrony Bank for a 9-month CD [3] - 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 [3] Interest Earnings Examples - An investment of $1,000 in a one-year CD with 1.63% APY, compounded monthly, would yield a total of $1,016.42 at maturity, resulting in $16.42 in interest [4] - If the same amount is invested in a one-year CD with 4% APY, the total balance would grow to $1,040.74, earning $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] 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]