Current CD rates still remain well above the national average. The Federal Reserve lowered its target interest rate three times in 2025. This has a ripple effect on deposit account rates, meaning now could be your last chance to lock in the current high rates with a certificate of deposit (CD). Here’s a look at today’s best CD rates and where you can find the best deals.
As of January 26, 2026, the highest CD rate is 4% APY. This rate is offered by Marcus by Goldman Sachs on their 1-year CD.
Below are some of the best CD rates available today from our verified partners.
If you’re considering a CD, these rates are some of the highest available, especially compared to national average rates, which are significantly lower. It’s also worth noting that online banks and credit unions generally offer more competitive rates compared to traditional banks.
Read more: What is a good CD rate?
Below is the average CD rate by term as of January 2026 (the most recent data available from the FDIC):
The highest national average interest rate for CDs is 1.61% for a 1-year term. Overall, however, current average CD rates represent some of the highest seen in nearly two decades, largely due to the Federal Reserve’s efforts to combat inflation by keeping interest rates high.
If you’re thinking about opening a CD, it’s important to choose one with a high APY and a term length that matches your financial goals. Here are some tips for finding the best CD rates and accounts that fit your needs:
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Compare prices: It’s a good idea to evaluate CD rates from a variety of financial institutions and compare your options before deciding on an account. You can easily compare CD rates online.
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Consider online banks: Online banks tend to have lower overhead costs, allowing them to offer higher interest rates on CDs. In fact, online banks often have the most competitive rates available.
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Check the minimum deposit requirements: Higher CD rates may come with higher minimum deposit requirements, so make sure the amount you plan to deposit matches the requirements to get the best rate.
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Review account terms and conditions: Beyond the CD rate, look at the terms of early withdrawal penalties and automatic renewal policies. Some CDs offer better terms of flexibility, such as no-penalty CDs, which allow you to withdraw your funds free of charge before the maturity date.
