Best CD Rates on May 31, 2026 Shows 4% APY Available

On May 31, 2026, the highest CD rate available is 4% APY, offered by Marcus by Goldman Sachs on its 14-month CD. A $1,000 investment in a one-year CD with this rate would grow to $1,040.74 by maturity, including $40.74 in interest. In contrast, a 1.52% APY would yield only $1,015.20 after one year. CD rates vary significantly across institutions, highlighting the importance of comparing offers for maximizing savings.