Looking for the best CD rates? Learn more about high-yield CDs and where to find the top rates available. CD rates vary widely, but some banks offer up to 4% APY, especially for shorter terms. The highest CD rate today is 4% APY from Marcus by Goldman Sachs on a 1-year CD. Compare these rates to the national average, which is much lower than current top rates. Online banks and credit unions often offer competitive CD rates due to lower overhead costs. Consider your savings goals before investing in a CD, as they are safe and stable but have drawbacks like early withdrawal penalties and lower returns compared to market investments.

Read more at Yahoo Finance: Best CD rates today, January 23, 2026 (up to 4% APY return)