Deposit account rates are declining, but you can still lock in a competitive return with a CD above 4% APY. The highest CD rate today is 4.05% APY. Historical trends show CD rates rising after the Great Recession but falling again due to the pandemic. Inflation led to recent rate hikes, but rates are now declining. When opening a CD, consider factors like term length, financial institution, account terms, and inflation.

Read more at Yahoo Finance: Best CD rates today, February 4, 2026 (Earn up to 4.05% APY)