CD Rates Update: Lock in Up to 4.05% APY Today

AI Summary

As of May 3, 2026, the highest certificate of deposit (CD) rate available is 4.05% APY offered by Marcus by Goldman Sachs on its 9-month CD. Comparatively, a $1,000 investment in a one-year CD with a 1.52% APY would yield $1,015.20, while a CD at 4% APY would return $1,040.74. The differences in rates highlight the importance of comparing offerings from various financial institutions. Given the varying rates, investors can significantly increase their earnings based on the interest rate selected and deposit amounts.