Marcus by Goldman Sachs offers the highest 14-month CD rate at 4.10% APY amid stable Fed policy in 2026.
The highest certificate of deposit rate available today stands at 4.10% APY, offered by Marcus by Goldman Sachs for a 14-month term. This follows a period of declining CD rates after the Federal Reserve cut its benchmark rate six times in 2024 and 2025, though rates have stabilized in 2026 with no further cuts announced.
National averages for CD rates remain significantly lower than today’s top offers, according to the latest FDIC data. Shorter-term CDs, particularly those with maturities of one year or less, continue to provide the most competitive yields, reflecting banks’ efforts to attract deposits in a stable rate environment.
Online banks and neobanks are leading the market in offering higher CD rates, leveraging lower operational costs compared to traditional brick-and-mortar institutions. The disparity between national averages and top rates underscores the importance of comparing offers before committing to a CD.