Best CD rates today, Friday, September 4, 2026: Up to 4.35% APY return available with 18-month CD

On September 4, 2026, investors seeking a secure place to store their savings may want to consider a certificate of deposit (CD). CD rates can vary significantly, with some institutions offering competitive rates as high as 4.35% APY on an 18-month CD from Marcus by Goldman Sachs. Despite general declines in CD rates due to the Federal Reserve's rate cuts, some banks are still providing attractive rates.

The national average CD rate as of August 2026 remains much lower, emphasizing the importance of shopping around for the best rates. Online banks and credit unions, which have lower overhead costs, tend to offer higher interest rates on deposit accounts, including CDs. However, while CDs are a safe and stable savings option, they come with limitations.

Money must remain on deposit for the entire term, or an early withdrawal penalty applies. Additionally, CD rates, while high by historical standards, do not match the growth potential of investing in the market. Ultimately, the decision to invest in a CD depends on one's savings goals, with online banks and credit unions offering competitive rates worth considering.