Top CD Rates for April 2026: Secure Your High Yield Now

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April is winding down, and so are some of the better CD rates still on the market. The Fed meets this week, and while a rate cut is not expected, that doesn't mean banks won't ease CD rates as a result of the announcement.

Before the next decision comes down, it's worth locking something in. A fixed-rate CD keeps your yield exactly where you set it -- no surprises, no adjustments.

Here are the best CD rates to consider this week.

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Rates as of April 29, 2026

Best CD rates this week, April 27, 2026

Bank Term APY Minimum Deposit Newtek Bank 9 Months 4.20% $2,500 United Fidelity Bank 6 Months 4.20% $1,000 United Fidelity Bank 60 Months 4.15% $1,000 LendingClub 11 Months 4.15% $500 Newtek Bank 6 Months 4.10% $2,500 United Fidelity Bank 24, 36, 48 Months 4.10% $1,000 Marcus by Goldman Sachs 9 Months 4.05% $500

Data source: Issuing banks. Rates are accurate as of April 26, 2026.

Every CD featured above is FDIC-insured, meaning your deposits are protected up to $250,000 per bank. The right choice depends on two simple things -- how long you want to set your money aside and how much you're ready to invest.

• If you're after something short and sweet, United Fidelity Bank is offering a 6-month CD at 4.20% APY with a reasonable $1,000 minimum to open.
• Prefer to go long-term? United Fidelity Bank's 5-year CD pays 4.15% APY and also requires a $1,000 minimum deposit.
• And for those who want a middle ground, Synchrony Bank's 9 Mo. CD delivers a competitive option -- solid return, no minimum balance, and a term that keeps your cash accessible while still locking in today's higher yield.

Rates as of April 29, 2026

Why it pays to open a CD now

If your savings are sitting idle in a low-yield account, now's your chance to earn more. CDs let you lock in a higher rate before they fall further -- ideal for money you won't need to touch anytime soon.

A CD could be a good fit if:

• You already have a healthy emergency fund.
• Your retirement and investment goals are on track.
• You prefer reliable, fixed growth over the ups and downs of the market.

With a total of three Fed rate cuts in the second half of 2025, and more rate decisions looming, current higher yields might not last much longer. Opening a CD now could help you secure one of the last top-tier APYs before they slip below 4.00%.

Example: Grow $25,000 into $26,170 in just 14 months

One reason savers love CDs is predictability -- you'll know exactly how much you'll earn from the start.

For example, putting $25,000 into Synchrony Bank's 9 Mo. CD would leave you with about $26,170 at maturity. That's $1,170 in guaranteed earnings in just over a year, no effort required.

And because your rate is locked in, your return won't change -- even if the Fed cuts rates again. Securing today's yield could give your savings a clear advantage heading into next year. See our full Synchrony Online CD review to learn more.

Rates as of April 29, 2026

Open a CD in 5 easy steps

Getting started takes only a few minutes. Here's the simple process:

1. Compare rates. Check multiple banks -- online options often pay more.
2. Choose your deposit. Most CDs don't let you add funds later, and early withdrawals can mean penalties.
3. Apply. You can do it online or in-person -- have your ID, SSN, and bank details ready.
4. Transfer funds. Move money from checking or savings; your rate locks once the deposit posts.
5. Mark your calendar. Note your maturity date so you'll know when it's time to renew or withdraw.

Once it's funded, your CD starts earning right away. Click here to see today's best CD rates.

Prefer easy access to your cash?

If you'd rather stay flexible, a high-yield savings account (HYSA) could be a better match. Many top HYSAs are still paying rates close to short-term CDs -- but with full access to your funds.

• The benefit: You can move money anytime, no penalties.
• The catch: HYSA rates can change at any moment, while CD rates stay fixed until the term ends.

If you like earning more without losing flexibility, a top HYSA can be a solid alternative.

Top HYSA pick: The Axos ONE® combo checking and savings account currently pays up to 4.21% APY on savings balances when you meet account requirements -- higher than even the top short-term CDs and with full access to your funds. Read our full review to learn more.

Member FDIC.

APY

up to 4.21% Rate info Circle with letter I in it. The Axos ONE® Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met. Axos ONE Savings earns a base rate of 1.00% APY. It earns a promotional rate of 4.21% APY on the first $499,999.99 and 4.01% APY on any additional balance for the statement cycle in which the requirements are met.

Min. To Earn APY

$0 for base rates, $1,500 for max APY

• Earn a competitive APY on checking and savings
• Pay no monthly maintenance or account fees
• No cap on how much you can save
• Access to fee-free ATM network

• Extra conditions required to earn the advertised rate
• No physical branches for in-person help

The Axos ONE® bundle makes your money work overtime – all under one roof. Meet the direct deposit and balance requirements, and you'll earn up to 4.21% APY on savings and up to 0.51% APY on checking, some of the highest rates we've seen lately. There are no physical branches, but you can still access cash easily through a network of over 95,000 fee-free ATMs. It's a simple, high-reward setup that actually pays off.

The Annual Percentage Yield (APY) is accurate as of 2/1/2026. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account. Axos ONE® Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.

Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined below.

The Axos ONE® Checking account will earn a base rate of 0.00% APY. The Axos ONE® Savings account will earn a base rate of up to 1.00% APY.

Axos ONE® accounts are eligible to receive a promotional APY for each statement cycle where the promotional criteria are met during the Qualification Period. To receive the promotional APY on both Axos ONE® Checking and Axos ONE® Savings, the Axos ONE® Checking account must meet both of the requirements in either Option 1 or Option 2 below during the Qualification Period:

Option 1

1. Your Axos ONE® Checking account has received monthly qualifying direct deposits of at least $1,500 in total.
2. The average daily balance of your Axos ONE® Checking account is at least $1,500.

Option 2

1. Your Axos ONE® Checking account has received monthly qualifying deposits of at least $5,000 in total.
2. The average daily balance of your Axos ONE® Checking account is at least $5,000.

If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:

• The Axos ONE® Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.
• The Axos ONE® Savings account will earn a promotional rate of 4.21% APY on the first $499,999.99 and 4.01% APY on any additional balance for the statement cycle in which the requirements are met

The Qualification Period begins on the first business day of the month and runs through the 25th of the month. If the 25th of the month is followed by a non-business day, the average daily balance will be calculated including the following non-business day(s). Any qualifying deposits or qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period. The Qualification Period for new accounts will begin on the day the account is approved. New accounts opened on or after the 25th of the month will be eligible to earn the promotional APY starting in the following month.

A direct deposit is an electronic ACH deposit of your paycheck or government benefits, such as Social Security, Disability, etc. International paychecks, international government benefits, other deposits (i.e., real time payments, online banking transfers, ATM and mobile check deposits, etc.), or person-to-person payments are not considered a direct deposit.

Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) mobile check deposits, (iv) real time payments. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder's Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds, (v) ATM deposits.

Both accounts must be in an open and active status on the 25th of the month and on the date the interest is paid to receive the promotional APY for that statement cycle. If either account closes during the Qualification Period, neither account will be eligible to earn the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account.

Our Picks for the Best High-Yield Savings Accounts of 2026

Disclaimers

The annual percentage yield (APY) is accurate as of January 8, 2026 and subject to change at the Bank’s discretion. Refer to product’s website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY.

Accurate as of the time of publication. The national average rate referenced is from the FDIC’s published National Rates and Rate Caps for Savings deposit products, accurate as of March 16, 2026. See the FDIC website for more information.

Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of January 9, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.

Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of February 17, 2026.

* Platinum Savings APY Boost Promotion Terms and Conditions

This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria.

Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate.

The Promotion begins on February 13, 2026, and ends May 31, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions.

The promotion can end at any time without notice.

For complete list of account details and fees, see our Personal Account disclosures.

CIT General Disclosure

For complete list of account details and fees, see our Personal Account disclosures. https://www.cit.com/cit-bank/resources/forms

• Sources

FAQs

• Yes. CDs from banks and credit unions are typically insured up to $250,000 by the FDIC or NCUA, making them one of the safest ways to earn a guaranteed return.

• A certificate of deposit (CD) is a savings product that holds your money for a set period -- typically anywhere from 6 months to 5 years -- in exchange for a fixed interest rate. You'll earn interest over time, and when the term ends (called "maturity"), you can withdraw your original deposit plus the earned interest.

• Yes -- especially with top APYs still available around 4.00%. CDs offer a fixed, predictable return, making them a great option if you want to earn more than a regular savings account without taking on stock market risk. With rates trending lower after multiple Fed cuts in the second half of 2025, locking in a competitive yield now could be a smart move.