Learn how much you could earn by securing a high‑yield CD today. The Federal Reserve lowered its benchmark rate three times in 2025, and has held rates steady through 2026. This may be your final opportunity to lock in a competitive CD yield before any future shifts. Since rates differ significantly among banks and credit unions, comparing offers is essential to obtain the best possible rate.
Below is a summary of today’s CD rates and where to locate the top offers.
CD rates today, Saturday, July 11, 2026
Typically, the most competitive CD rates today are found on shorter terms—generally one year or less. Online banks and credit unions often lead the market with the highest yields.
The leading CD rate today stands at 4.10% APY, offered by Marcus by Goldman Sachs on its 14‑month CD.
Here are some of the top CD rates currently available:
How much interest can I earn with a CD?
The interest you earn from a CD is determined by its annual percentage yield (APY), which reflects your total return after one year, including the base rate and the compounding frequency—usually daily or monthly for CDs.
For example, a $1,000 deposit in a one‑year CD earning 1.52% APY with monthly compounding would grow to about $1,015.20 after one year, yielding $15.20 in interest.
If you instead choose a one‑year CD with a 4% APY, also compounded monthly, the balance would reach approximately $1,040.74 after a year, generating $40.74 in interest.
Earnings increase with larger deposits. Using the same 4% APY, a $10,000 investment would grow to roughly $10,407.42 after one year, producing $407.42 in interest.
Types of CDs
While the interest rate is often the primary consideration when selecting a CD, other factors matter too. Various CD structures provide distinct advantages, sometimes requiring a trade‑off in yield for added flexibility. Below are several common CD types you might explore beyond the standard offering.
-
Bump‑up CD: This option lets you request a rate increase if your bank raises rates during the term, though most institutions permit only one bump‑up.
-
No‑penalty CD: Also called a liquid CD, this version permits early withdrawals without incurring a penalty.
-
Jumbo CD: These accounts demand a high minimum deposit—typically $100,000 or more—and usually provide a slightly better rate. In the current rate environment, the gap between jumbo and standard CD yields has narrowed.
-
Brokered CD: As the name implies, these CDs are bought through a brokerage instead of a bank. They may deliver higher rates or more flexible terms, but they also involve additional risk and may lack FDIC protection.
