Marcus by Goldman Sachs offers the highest 14-month CD rate at 4% APY amid stable Fed policy in 2026.
The highest certificate of deposit rate available today stands at 4% APY, offered by Marcus by Goldman Sachs on a 14-month term. This follows the Federal Reserve’s three rate cuts in 2025 and no adjustments in 2026, sustaining elevated deposit yields.
National average CD rates remain significantly lower, with the 1-year term averaging 1.65% APY, according to FDIC data. Online banks and credit unions continue to outpace traditional institutions, reflecting broader trends in competitive deposit pricing.
Current rates are among the highest in nearly two decades, driven by the Fed’s prior efforts to curb inflation through higher interest rates. Investors face a favorable environment for locking in yields before potential future policy shifts.