Major banks cap CD returns at 4.00% APY
A guaranteed 4.00% APY is the maximum return available from the largest U.S. banks as of April 13, 2026. This rate applies to terms ranging from two months to 14 months. To secure this yield, depositors must agree to leave their funds in the account for the duration of the term. Withdrawing funds early triggers penalties. In exchange for this restriction, the interest rate remains guaranteed for the full term, insulating the earner from market swings.
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