From Yahoo Finance: 2025-05-04 06:00:00

Lock in a high CD rate today to help your savings grow. Rates vary across financial institutions, so it’s crucial to shop around. The highest CD rate today is 4.40% APY from Marcus by Goldman Sachs on a 14-month CD with a $500 minimum deposit. Interest earned depends on the APY and compounding frequency. Investing $1,000 in a one-year CD at 4% APY would earn $40.74 in interest. Deposit $10,000 and earn $407.42 in interest. Consider other types of CDs like Bump-up, No-penalty, Jumbo, and Brokered CDs for additional benefits.



Read more at Yahoo Finance: Best CD rates today, May 4, 2025 (up to 4.40% APY)