4.10% APY
1 year
N/A
$1,000
Limelight Bank stands out as the top choice because it offers a competitive 1-year CD rate of 4.10% APY, making it one of the best options available. With a minimum deposit of $1,000, it provides a solid return for savers looking to lock in their funds for a year.
Pros:
- Competitive APY
- Nationwide availability
Cons:
- Minimum deposit required
- Early withdrawal penalties apply
4.00% APY
1 year
N/A
$500
What sets Marcus by Goldman Sachs apart is its 10-day rate guarantee, ensuring that customers receive the best rate available within that timeframe. With a competitive 4.00% APY and a minimum deposit of only $500, it offers flexibility for those looking to invest smaller amounts.
Pros:
- 10-day rate guarantee
- Lower minimum deposit
Cons:
- Early withdrawal penalty
- Slightly lower APY than top competitors
4.05% APY
1 year
N/A
$10,000
Popular Direct shines for its high APY of 4.05% on a 1-year CD, making it a strong contender for those who can meet the higher minimum deposit of $10,000. This online-only bank is known for its straightforward banking experience, although the steep minimum may deter some savers.
Pros:
- High APY
- Simple banking experience
Cons:
- High minimum deposit
- Early withdrawal penalties are significant
4.00% APY
1 year
N/A
$2,500
Newtek Bank offers a competitive 1-year CD at 4.00% APY, appealing to both personal and business customers. With a minimum deposit of $2,500 and daily compounding interest, it provides a solid option for those looking to grow their savings over the year.
Pros:
- Available for personal and business accounts
- Daily interest compounding
Cons:
- Higher minimum deposit
- Slightly lower APY compared to top competitors
5.TAB Bank
3.90% APY
1 year
N/A
$1,000
TAB Bank provides a reliable 1-year CD option with a 3.90% APY, making it a decent choice for savers. With a minimum deposit of $1,000 and daily compounding interest, it offers a straightforward way to earn interest, although its APY is slightly lower than some of its competitors.
Pros:
- Daily interest compounding
- No maximum deposit limit
Cons:
- Lower APY compared to competitors
- Early withdrawal penalties apply
Final Words
As you explore the best 1-year CD rates this April 2026, consider top providers like Limelight Bank, Ally Bank, Marcus by Goldman Sachs, Discover Bank, and American Express National Bank, each offering competitive rates to help your savings grow. Remember, comparing rates and terms can lead to better returns, so take the time to evaluate your options before making a decision.
Frequently Asked Questions
The best 1-year CD rate in April 2026 is offered by Limelight Bank at 4.10% APY.
The minimum deposit required for a 1-year CD at Limelight Bank is $1,000.
Marcus by Goldman Sachs offers a 1-year CD rate of 4.00% APY with a minimum deposit of $500.
The top providers for 1-year CDs in April 2026 include: 1) Limelight Bank - 4.10% APY, $1,000 minimum deposit; 2) Marcus by Goldman Sachs - 4.00% APY, $500 minimum deposit; 3) Popular Direct - 4.05% APY, $10,000 minimum deposit.
Yes, most 1-year CDs, including those from Limelight Bank, may have penalties for early withdrawal, typically equal to a certain number of days' interest.
When choosing a 1-year CD, consider the interest rate (APY), minimum deposit requirement, early withdrawal penalties, and the reputation of the bank.
No, you cannot open a 1-year CD with a deposit less than the minimum requirement set by the financial institution.
Yes, you can withdraw money from a CD before it matures, but you may incur penalties for early withdrawal.
Compare CD Rates
Summary of all rates from our cd rate pages. Click column headers to sort.
| Provider ↕ | Rate ↓ | Term ↕ | Min Deposit | |
|---|---|---|---|---|
| Newtek Bank | 4.20% APY | 9 months | $2,500 | Learn more |
| Langley FCU | 4.11% APY | 14 months | $500 | Learn more |
| Limelight Bank | 4.10% APY | 1 year | $1,000 | Learn more |
| America First Federal Credit Union | 4.10% APY | 5 years | $500 | Learn more |
| SchoolsFirst Federal Credit Union | 4.10% APY | 5 years | $500 | Learn more |
| Synchrony Bank | 4.10% APY | 14 months | $0 | Learn more |
| Capital One | 4.10% APY | 11 months | $0 | Learn more |
| Marcus by Goldman Sachs | 4.05% APY | 6 months | $500 | Learn more |
| Popular Direct | 4.05% APY | 1 year | $10,000 | Learn more |
| Sallie Mae Bank | 4.00% APY | 5 years | $2,500 | Learn more |
| Bread Savings | 4.00% APY | 6 months | $1,500 | Learn more |
| Colorado Federal Savings Bank | 4.00% APY | 6 months | $5,000 | Learn more |
| American Express | 4.00% APY | 14 months | $0 | Learn more |
| TAB Bank | 3.90% APY | 1 year | $1,000 | Learn more |
| Bask Bank | 3.90% APY | 6 months | $1,000 | Learn more |
| NASA Federal Credit Union | 3.85% APY | 6 months | $1,000 | Learn more |
| BTG Pactual Bank | 3.80% APY | 5 years | $500 | Learn more |
| The Golden 1 Credit Union | 3.80% APY | 5 years | $500 | Learn more |
