Best CD rates today, Tuesday, August 18, 2026: Lock in up to 4.30% APY today on a 16-month CD

Despite deposit account rates declining, consumers can secure a competitive return on a certificate of deposit (CD) today. The best CDs currently offer rates of 4% or higher. CD rates today are notably higher than traditional savings accounts. The highest CD rate available today is 4.30% APY, provided by Synchrony Bank on a 16-month CD.

A snapshot of CD rates across various terms today includes 6-month CDs at 4%, 1-year CDs at 4.10%, 18-month CDs at 4.20%, and 2-year CDs at 4.30%. Factors such as your goals, financial institution, CD term, type of institution, account terms, and inflation should be considered when selecting a CD.