Money

Best high-yield savings interest rates today, January 7, 2026 (Earn up to 4% APY)

January 7, 2026

As of January 7, 2026, high-yield savings accounts are offering rates up to 4% APY while certificate of deposit (CD) rates can reach up to 4.1% APY. Despite recent cuts to the federal funds rate by the Federal Reserve, which have led to a decline in deposit rates, these financial products still present a viable option for earning competitive interest on savings.

Credit: Yahoo

Key Highlights

High-yield savings accounts can earn up to 4% APY.
CD rates currently offer up to 4.1% APY.
Federal Reserve cut the federal funds rate six times between late 2024 and 2025.
Deposit rates have been steadily declining.
CDs typically offer higher rates than traditional savings accounts.

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Best high-yield savings interest rates today, January 7, 2026 (Earn up to 4% APY)

Key Highlights

Sources

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