What are the best CD rates today?

The best available yield today is 4% APY for 12-month or longer terms, depending on the bank.

How do I open a CD account?

You can open an account online in minutes by providing personal information and an initial deposit. Deposit requirements vary by bank.

Yes, most CDs are FDIC-insured up to $250,000, making them a low-risk investment.

What happens if I withdraw money before maturity?

Banks typically charge an early withdrawal penalty, which can be several months' worth of interest.

Best CD Rates Today, May 14, 2026: Lock in up to 4% APY

This article highlights the best certificate of deposit (CD) rates available today, May 14, 2026, offering yields up to 4% APY. We provide tips on selecting the right CD and opening an account.

If you're on the hunt for today's best CD rates, we've narrowed down some of the top offers. Some banks are currently offering annual percentage yields (APY) of up to 4% on certificates of deposit, making them an attractive option for investors seeking safe, fixed-income returns.

What is a Certificate of Deposit (CD)?

A CD is a time deposit account where you deposit a lump sum for a fixed term (e.g., 6 months, 1 year, 5 years) and earn a fixed interest rate. Generally, longer terms offer higher yields.

Best Offers Today (May 14, 2026)

Highest Yield: 4% APY for 12-month or longer terms.
Minimum Deposit: Varies by bank; some offers start at $500.
Offering Banks: Includes major banks like Goldman Sachs (GS) via Marcus accounts, as well as other online banks.

How to Choose the Right CD

Term: Match the term to your liquidity needs.
Yield: Compare APYs across different banks.
Fees: Ensure no hidden fees.
Bank Reputation: Choose an FDIC-insured bank.

How to Open an Account

You can open a CD account online in minutes. You'll need:

Personal information (name, address, Social Security number).
Initial deposit (varies by bank).
Choose term and yield.

What This Means for Investors

CDs offer a safe, low-risk investment option in the current high-interest-rate environment. With yields up to 4%, they can be a good alternative to traditional savings accounts. However, funds are locked in for the term, and early withdrawal penalties may apply.