Top CD rates from major banks Sept. 11, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
The country’s biggest banks, ranked by FDIC data, are currently offering CD APYs reaching 4.30% as of Sept. 11, 2026. Term options span from seven months to 12 months.
TL;DR
- Big banks are offering CD APYs up to 4.30% with terms from 7 to 12 months as of Sept. 11, 2026.
- Major banks like Chase, Bank of America, Citibank, Capital One, Wells Fargo, and American Express are among those with competitive CD rates.
- Benefits of using big banks include keeping all banking in one place, potentially more CD options, and relationship rate bumps.
- Online-only banks often offer higher APYs due to lower operational costs, even if they are not a 'household name'.
- A Certificate of Deposit (CD) requires you to commit funds for a specific term in exchange for a fixed interest rate.
- Different CD types exist, including no-penalty, bump-up, jumbo, IRA, and business CDs, catering to various needs.
- CD laddering is a strategy to stagger investments across CDs with different maturity dates for periodic access to funds.
- CDs are insured by the FDIC (or NCUA for credit unions), making them generally safe regardless of bank size, up to $250,000 per depositor, per insured bank, for each account ownership category.