Today’s CD rates remain well above the national average after the Federal Reserve cut interest rates three times in 2025. The highest CD rate as of January 26, 2026, is 4% APY, offered by Marcus by Goldman Sachs. Online banks and credit unions generally offer more competitive rates than traditional banks. The national average interest rate for a 1-year CD stands at 1.61%. It’s crucial to choose a CD with a high APY and suitable term length. Shopping around, considering online banks, and checking minimum deposit requirements are key factors in finding the best CD rates and accounts. Reviewing account terms and conditions, including early withdrawal penalties and auto-renewal policies, is essential before opening a CD.

Read more at Yahoo Finance: Best CD rates today, January 26, 2026 (Lock in up to 4% APY)