Best CD Rates June 2026: Top Account Offers 4% APY Today

As of June 13, 2026, the highest certificate of deposit (CD) rate is 4% APY, offered by Marcus by Goldman Sachs on its 14-month CD. The Federal Reserve cut its federal funds rate three times in 2025 but has maintained the same rate in 2026, impacting CD rates across financial institutions. For comparison, depositing $1,000 in a one-year CD at 4% APY would yield a total of $1,040.74, generating $40.74 in interest. The article emphasizes the importance of shopping around for competitive CD rates, especially in the current interest rate environment.