Best CD rates today, Thursday, September 3, 2026: Lock in up to 4.30% APY with an 18-month CD

On September 3, 2026, the highest Certificate of Deposit (CD) rate available is 4.30% APY, offered by Marcus by Goldman Sachs on its 18-month CD. CD rates have been on a downward trend since last year when the Federal Reserve started cutting its target rate due to slowing inflation and an improved economic outlook. The Fed has cut rates three times in late 2024, but it is now unlikely to reduce rates again in 2026, and a rate increase is increasingly probable before the year's end.

Despite the lower CD rates, now might be an opportune moment to deposit money into a CD and secure today's best rates. When comparing CD rates, consider factors such as the account's term length, minimum deposit requirements, and associated fees. To open a CD account, research rates, choose an account that suits your needs, prepare necessary documents (Social Security number, address, and identification), complete the online or in-person application, and fund the account once approved.