4.15% APY
1 year
N/A
$10,000
Popular Direct stands out as the top choice because it offers a highly competitive 4.15% APY on its 1-year CD, making it an attractive option for savers looking to maximize their returns. The straightforward application process and strong reputation for customer service further enhance its appeal.
Pros:
- High APY
- Simple banking experience
Cons:
- High minimum deposit
4.11% APY
1 year
N/A
$1,000
What sets Rising Bank apart is its accessibility with a minimum deposit of just $1,000, allowing more savers to take advantage of its competitive 4.11% APY. This makes it a solid choice for those looking to invest smaller amounts while still earning a favorable return.
Pros:
- Lower minimum deposit
- Competitive rate
Cons:
- Slightly lower APY than top competitor
4.11% APY
1 year
N/A
$500
Farmers and Merchants Bank (NE) shines for its low minimum deposit requirement of $500, making it accessible for a wider range of savers. With a competitive 4.11% APY, it offers a reliable option for those looking to grow their savings without a hefty initial investment.
Pros:
- Low minimum deposit
- Competitive rate
Cons:
- Rates may vary by branch
4.TAB Bank
4.00% APY
1 year
N/A
$1,000
TAB Bank offers a competitive 4.00% APY on its 1-year CD, with the added benefit of daily compounding interest, which can enhance overall returns. While the minimum deposit is $1,000, the bank's strong reputation and reliable service make it a worthy consideration for savers.
Pros:
- Daily compounding interest
- Solid APY
Cons:
- Higher minimum deposit compared to some competitors
4.00% APY
1 year
N/A
$500
BTG Pactual Bank offers a solid 4.00% APY on its 1-year CD, making it an attractive option for those looking to invest with a low minimum deposit of $500. This combination of accessibility and competitive rates positions it as a viable choice for savers.
Pros:
- Low minimum deposit
- Competitive rate
Cons:
- Limited information on additional features
4.05% APY
1 year
N/A
$500
USAlliance Financial features a promotional 4.05% APY on its 1-year Certificate Special, which is appealing for those looking to maximize their returns with a minimum deposit of just $500. This flexibility makes it a strong contender for savers seeking both value and accessibility.
Pros:
- Promotional rate available
- Low minimum deposit
Cons:
- Standard rate lower than promotional
Final Words
In conclusion, July 2026 offers enticing options for 1-year CDs, with Popular Direct leading the way at 4.15%, followed by other strong contenders like Ally Bank, Marcus by Goldman Sachs, and Discover Bank. As you consider where to invest your funds, be sure to compare rates and terms across different providers to find the best fit for your financial goals.
Frequently Asked Questions
The best 1-year CD rates in July 2026 include Popular Direct at 4.15% APY, Rising Bank at 4.11% APY, and Farmers and Merchants Bank (NE) also at 4.11% APY.
The minimum deposit required for a 1-year CD at Popular Direct is $10,000.
Rising Bank requires a minimum deposit of $1,000 for their 1-year CD.
Farmers and Merchants Bank (NE) has a minimum deposit requirement of $500 for their 1-year CD.
A Certificate of Deposit (CD) is a type of savings account that offers a fixed interest rate for a specified term, usually providing higher rates than regular savings accounts.
Yes, most CDs impose penalties for early withdrawal, which can vary by institution and account terms. It's important to check the specific terms before opening a CD.
Typically, you can withdraw interest from a CD before it matures, but this may affect the overall interest rate and could result in penalties. Always review the CD's terms.
When a CD matures, you have the option to withdraw the principal and interest, or you may choose to roll it over into a new CD, often with the same or different terms.
Compare CD Rates
Summary of all rates from our cd rate pages. Click column headers to sort.
