Highest CD Rates for 2026: Savers Can Earn Up to 4% Interest

Consumers looking to grow their savings over the next year can take advantage of some of the highest Certificate of Deposit (CD) rates available. According to recent data, several top banks and credit unions are offering competitive rates on time deposits ranging from a few months to five years. One of the top rates available is offered by Ally Bank, which has a 4.00% APY (Annual Percentage Yield) for a 12-month CD. This rate is subject to change, but it currently makes Ally one of the top options for savers in search of a high-yielding CD. Another bank with an attractive CD offer is Marcus by Goldman Sachs. The online lender has a 3.95% APY for a one-year term, and a 4.10% APY for a five-year term. For those living in the Midwest, Navy Federal Credit Union offers a highly competitive 4.05% APY on its 12-month CD, while Huntington Bank is offering a 3.90% APY for a similar term. It’s worth noting that while these rates are attractive, there are some conditions to keep in mind. For example, all of these options require a minimum deposit, and some may have penalties for early withdrawal. Before committing to any CD, it’s essential to review the terms and conditions carefully and consider your individual financial goals and needs. However, for those looking to save money over the next year, these top rates make Ally Bank, Marcus by Goldman Sachs, Navy Federal Credit Union, and Huntington Bank well worth considering.