Best CD Rates Today, Sunday, August 9, 2026: Lock in Up to 4. 35% APY The world of certificate of deposit (CD) rates has been a rollercoaster ride in recent years, and this Sunday is no exception.
Banks are offering as high as 4. 35% APY on an 18 month CD, but what does this mean for savers? Historically, longer term CDs were a safe bet for those willing to lock in their savings.
Banks offered better interest rates to encourage depositors to keep their money on hand for longer, generating more revenue through compounding interest.