Best CD yields for January 10, 2026 (top account offers 4% APY)

Maximize Your Earnings with Top CD Rates

Explore how much you could potentially earn by securing a competitive certificate of deposit (CD) rate now. With the Federal Reserve having reduced its benchmark rate three times in 2025, this may be one of your final opportunities to lock in a favorable CD rate before they decrease further. Since CD rates can differ significantly between banks and credit unions, it’s crucial to compare options to ensure you’re getting the most advantageous rate available.

Below, you’ll find a summary of current CD rates and guidance on where to locate the most attractive offers.

Current CD Rate Highlights

At present, the most attractive CD rates are typically found on shorter-term CDs, especially those with terms of a year or less. Online banks and credit unions are often the best sources for these high-yield CDs.

As of January 10, 2026, Marcus by Goldman Sachs leads the market with a 1-year CD offering a 4% annual percentage yield (APY).

Here are some of the standout CD rates you can access today:

Understanding CD Interest Earnings

Your potential earnings from a CD are determined by its annual percentage yield (APY), which reflects the total interest you’ll earn in a year, factoring in both the base rate and the frequency of compounding (usually daily or monthly for CDs).

For example, if you invest $1,000 in a one-year CD with a 1.63% APY and monthly compounding, your balance at maturity would be $1,016.42—comprising your original deposit plus $16.42 in interest.

If you instead select a one-year CD with a 4% APY, your ending balance would rise to $1,040.74, earning you $40.74 in interest over the same period.

The larger your initial deposit, the greater your total interest. For instance, depositing $10,000 into a one-year CD at 4% APY would yield a maturity value of $10,407.42, resulting in $407.42 in earned interest.

Different Types of CDs

While interest rates are a key factor when selecting a CD, they aren’t the only consideration. Various CD types offer unique features and benefits, sometimes trading a slightly lower rate for added flexibility. Here are some popular alternatives to traditional CDs:

• Bump-up CD: This option lets you request a higher rate if your bank increases its CD rates during your term, though you’re typically allowed only one rate increase.
• No-penalty CD: Also called a liquid CD, this type allows you to withdraw your money before the CD matures without incurring a penalty.
• Jumbo CD: These require a substantial minimum deposit (often $100,000 or more) and may offer higher rates, though the gap between jumbo and standard CD rates is currently minimal.
• Brokered CD: Purchased through a brokerage rather than directly from a bank, brokered CDs can sometimes provide better rates or more flexible terms, but they may involve additional risks and might not be FDIC-insured.