Best CD Rates Today: Top Offers for June 17, 2026

💡 Top CD rates now reach up to 4% APY as market conditions shift

The Federal Reserve's recent decision to keep interest rates elevated has significant implications for fixed-income investors. With the 10-year Treasury yield now at 4.2%, certificate of deposit (CD) rates have become increasingly attractive as a hedge against inflation and market volatility.

Top CD Rates for June 2026

The current CD landscape offers a range of competitive rates, with top offers reaching up to 4% APY. For instance, Ally Bank's 5-year CD, with a term length of 5 years, boasts a rate of 4.00% APY, while Marcus by Goldman Sachs' 5-year CD offers 3.95% APY. These rates are significantly higher than those offered by traditional brick-and-mortar banks.

Short-Term CD Options

For investors who prefer shorter-term commitments, Discover Bank's 1-year CD and American Express National Bank's 1-year CD both offer competitive rates of 3.80% APY. These options provide a lower minimum deposit requirement and a shorter lock-in period compared to longer-term CDs.

Online CD Lenders

Online lenders have disrupted the traditional banking landscape, offering more competitive rates and flexible terms. Capital One 360's 5-year CD, for example, offers 3.90% APY with a minimum deposit of $1,000. This option provides a higher rate than many traditional banks while still maintaining a relatively low minimum deposit requirement.

What It Means for Investors