Best CD rates today, Sunday, September 13, 2026: Lock in up to 4.35% APY

As of Sunday, September 13, 2026, the top CD rate available stands at 4.35% APY, according to Marcus by Goldman Sachs on their 18-month CD. The annual percentage yield (APY) represents the total earnings on an investment after one year, accounting for both the base interest rate and the frequency of interest compounding. For example, a $1,000 one-year CD with a 1.52% APY, compounded monthly, would result in a balance of $1,015.20 at year-end.

Alternatively, choosing a 4% APY one-year CD would lead to $10,407.42 after a year, earning $407.42 in interest for a $10,000 deposit. While CD rates have historically favored longer-term investments, today's environment shows that shorter CDs often have higher rates. Various CD options exist, each with unique features and trade-offs.

For instance, a bump-up CD permits adjusting to higher rates if the bank's rates increase during the term, though only once. Conversely, a no-penalty CD allows early withdrawals without penalties. Jumbo CDs require larger initial deposits and sometimes offer better rates, though the rate difference may be minimal now. Brokered CDs, bought via brokers, might provide higher rates or more flexibility but often come with additional risks and might not be FDIC-insured. The choice of a CD depends on factors like investment horizon, financial goals, and risk tolerance.