Marcus by Goldman Sachs offers the highest 14-month CD rate at 4% APY amid stable Fed policy in 2026.
Certificate of deposit rates remain near multi-decade highs, with the top yield reaching 4% APY on a 14-month term from Marcus by Goldman Sachs. The Federal Reserve’s three rate cuts in 2025 and unchanged policy in 2026 have sustained elevated deposit rates, creating opportunities for savers.
The national average for 1-year CDs stands at 1.55%, significantly below the best available rates. Online banks and credit unions continue to outpace traditional institutions, reflecting broader trends in competitive yield offerings. Average CD rates across terms remain among the highest in nearly 20 years, driven by the Fed’s prior inflation-fighting measures.
Savers are advised to compare terms and annual percentage yields to maximize returns, as rates vary widely by institution and maturity period.