Deposit account rates are declining, but CDs still offer competitive returns above 4%. Check out the best CD rates today. The highest rate is 4% APY from Marcus by Goldman Sachs with a $500 minimum deposit. CD rates have fluctuated over the years with changes in Fed policies and economic conditions.

Historically, longer-term CDs offered higher rates, but today, the highest average rate is for a 12-month term. Factors like financial institution, account terms, and inflation should be considered when choosing a CD. Make sure to research rates from online banks, local banks, and credit unions.

When opening a CD, consider factors like your goals, type of financial institution, account terms, and inflation. CDs can provide safe returns, but may not always keep up with inflation. Evaluate your needs and research rates to find the best option for your financial goals.

Read more at Yahoo Finance: Best CD rates today, January 28, 2026 (Earn up to 4% APY)