What is a good CD rate right now?

A good CD rate right now is generally 4% APY or higher, depending on the term and institution. In this refresh, the strongest verified rate is 4.3% APY on a 24-month growth certificate from Mountain America Credit Union, while Daniels-Sheridan Federal Credit Union is currently offering 4.08% APY on a 12-month share certificate.

Are current CD rates going up or down?

Current CD rates are still competitive, but the exact leaders can change quickly. In this refresh, the strongest supportable rows are concentrated in short- and medium-term CDs, not in the older, longer-term bank row previously used in the article.

How often do CD rates change?

There is no fixed schedule. CD rates can change at any time when banks and credit unions adjust pricing, respond to market conditions or compete for deposits.

Are CDs worth it in 2026?

Yes. CDs are still worth considering in 2026 if a fixed return, federal insurance protection and a low-risk way to earn more than a traditional savings account are the main priorities.

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Current CD Rates for April 14, 2026 — Up To 4.3% APY

April 14, 2026

6 min Read

Written by Rudri Bhatt Patel, CFHC™

Edited by Joe Evans, CFHC™

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Have extra cash you do not need right away? Current CD rates are still competitive, with today’s strongest verified offer in this refresh reaching 4.3% APY on a 24-month growth certificate from Mountain America Credit Union. Readers looking for a one-year option can currently find 4.08% APY on a 12-month share certificate from Daniels-Sheridan Federal Credit Union, which requires a $500 minimum deposit.

Because CDs at eligible banks and credit unions are federally insured, they remain one of the safest ways to lock in a fixed return. The broader rate environment still favors shorter and middle-term CDs over many longer maturities, even though the exact leaders can change quickly.

Current CD Rates for April 14, 2026

See how today’s top CD rates stack up across different terms.

Term	Institution	APY	Minimum Deposit
3 months	Northern Bank Direct	4%	$500
6 months	Northern Bank Direct	4.2%	$1,000
12 months	Daniels-Sheridan Federal Credit Union	4.08%	$0
2 years	Mountain America Credit Union	4.3%	$5
5 years	United Fidelity Bank	4.15%	$1000

Editor’s Pick of the Day

Term: 24-month CD

APY: 4.3%

Minimum deposit: $5

Where to open: Mountain America Credit Union

Why we like it: Perfect for new savers who want to test out CDs without committing a big balance.

Why CD Rates Change

Banks adjust CD rates based on several factors, including Federal Reserve policy, competition for deposits and their own funding needs. When short-term benchmark rates move, CD yields often move in the same direction, though not always by the same amount or on the same schedule.

The federal-funds target range has stayed at 3.5% to 3.75% in early 2026, which has helped keep CD yields relatively stable.

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National Average CD Rates and Trends

Curious how CD rates have moved over time? Here’s a look at recent national averages and how they’ve shifted with the Fed’s rate changes.

Average CD rates rose sharply from mid-2022 through early 2024 as the Fed increased interest rates to fight inflation.
After three rate cuts in 2025, CD rates have started to level off and slightly decline.
Short-term CDs saw the biggest changes, while long-term rates have remained more stable.

CD Rate Outlook for 2026

The broad outlook for 2026 is that CD rates are no longer rising, but they are still attractive by recent historical standards. After cuts in 2025, rates have held steadier than many savers expected, especially on short- and medium-term CDs.

The Federal Reserve cut rates three times in 2025, signaling that current CD rates could continue to edge lower through 2026.

The best CD rates right now are hovering around 4.00% to 4.20%, with short-term CDs showing the most movement as markets adjust to the Fed’s policy changes.

If you want to capitalize on today’s top rates, consider opening a CD account soon — ideally one that aligns with your savings goals and won’t tie up cash you may need in the next two years.

What To Consider Before Opening a CD

Before locking in a rate, consider these key factors:

Early withdrawal penalties: Check how much interest you’d lose if you withdraw funds before maturity and whether the CD is non-callable.
Your timeline: Pick a CD term that matches your time horizon and when you’ll need access to your money.
APY and compounding: Confirm the APY and how often the interest compounds on your CD.
Insurance coverage: Make sure your CD is covered by the FDIC or NCUA and confirm the insurance limits.
Auto-renewal details: Note when your CD renews so you can withdraw or reinvest before it rolls over automatically.

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Pro Tip: Try CD Laddering

If you want steady returns without locking up all your cash, consider a CD ladder. This strategy lets you:

Split your money across multiple CDs with staggered maturity dates.

Earn higher rates on longer terms while keeping some cash accessible sooner.

Reinvest each rung as it matures to take advantage of the best available APYs.

Final Take to GO

If you want a safe place to earn a fixed return, CDs are still worth a look today. The strongest verified rate in this refresh is 4.3% APY, and several other solid options are still paying 4% APY or more, depending on term.

For April 13, 2026, the clearest takeaway is that older daily CD copy can go stale quickly. The previous top-rate framing and older long-term bank row are no longer fully supportable. Today’s live pages support stronger rows from Mountain America Credit Union, Daniels-Sheridan Federal Credit Union and Northern Bank Direct instead.

Current CD Rates FAQ

What is a good CD rate right now?
- A good CD rate right now is generally 4% APY or higher, depending on the term and institution. In this refresh, the strongest verified rate is 4.3% APY on a 24-month growth certificate from Mountain America Credit Union, while Daniels-Sheridan Federal Credit Union is currently offering 4.08% APY on a 12-month share certificate.
Are current CD rates going up or down?
- Current CD rates are still competitive, but the exact leaders can change quickly. In this refresh, the strongest supportable rows are concentrated in short- and medium-term CDs, not in the older, longer-term bank row previously used in the article.
How often do CD rates change?
- There is no fixed schedule. CD rates can change at any time when banks and credit unions adjust pricing, respond to market conditions or compete for deposits.
Are CDs worth it in 2026?
- Yes. CDs are still worth considering in 2026 if a fixed return, federal insurance protection and a low-risk way to earn more than a traditional savings account are the main priorities.

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Compare CD Rates

Daria Uhlig contributed to the reporting for this article.

Methodology: GOBankingRates analyzes deposit rates from banks and credit unions with nationwide availability. The best rates are identified from this group by focusing on APY. Institutions listed in the daily chart are insured by the Federal Deposit Insurance Corporation or the National Credit Union Share Insurance Fund.

Financial institutions may require certain eligibility criteria — such as membership, existing accounts or location-based restrictions — to open an account or qualify for the listed rates. Always verify account terms, conditions and regional availability with the institution before applying.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of April 14, 2026.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.