Today’s CD rates remain above the national average following three interest rate cuts by the Federal Reserve in 2025. Lock in high rates with a certificate of deposit (CD) now. The highest CD rate as of January 19, 2026, is 4% APY offered by Marcus by Goldman Sachs on its 1-year CD.

Online banks and credit unions typically offer more competitive CD rates compared to traditional banks. The national average interest rate for a 1-year CD is 1.63%, with today’s rates being some of the highest in nearly two decades due to the Federal Reserve’s efforts against inflation.

When opening a CD, choose one with a high APY and suitable term length. Shop around to compare CD rates from various institutions. Consider online banks for competitive rates and check minimum deposit requirements. Review account terms, including early withdrawal penalties and auto-renewal policies, for the best CD option.

Read more at Yahoo Finance: Best CD rates today, January 19, 2026 (Lock in up to 4% APY)