Best CD Rates Today: Up to 4. 15% APY Return The news of banks offering up to 4. 15% APY on certificates of deposit (CDs) may bring a welcome respite for savers struggling in the low interest rate environment.
However, this development is not as straightforward as it seems. One reason CD rates remain relatively high is the Federal Reserve's decision to keep its benchmark rate unchanged so far in 2026.
This has created an opportunity for banks to offer competitive rates without worrying about being undercut by their peers.