Major banks offer CD rates up to 4.00% with terms up to 14 months
A locked-in return of up to 4.00% is available at major banks for terms up to 14 months. This rate is fixed from the day the account is opened and does not change regardless of market conditions. The availability of these rates is based on FDIC data as of April 10, 2026. The commitment requires depositing a lump sum and agreeing to not touch the funds for a predetermined term. Breaking this commitment results in early withdrawal penalties.
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