Where are the best CD rates today? The following is a look at some of the best CD rates available today, Tuesday, August 4, 2026, from our verified partners. Even with the Fed leaving interest rates unchanged so far in 2026, CD rates remain high by historical standards. This is because locking in money for a longer period typically carries more risk (namely, missing out on higher rates in the future), which banks compensate for with higher rates. How to choose the best CD ratesWhen opening a CD, choosing one with a high APY is just one piece of the puzzle.