4.03% APY
1 year
N/A
$1,000
Limelight Bank stands out as the top choice because it offers a competitive APY of 4.03% for its 1-year CD, making it an attractive option for savers looking to maximize their returns. With a solid reputation and a user-friendly online platform, it earns the #1 spot due to its commitment to customer satisfaction and transparency.
Pros:
- Competitive APY
- Strong online presence
Cons:
- Higher minimum deposit
4.00% APY
1 year
N/A
$500
What sets Marcus by Goldman Sachs apart is its low minimum deposit requirement of just $500, making it accessible for a wider range of savers. While its APY of 4.00% is slightly lower than some competitors, the trust associated with Goldman Sachs adds significant value.
Pros:
- Low minimum deposit
- Reputable financial institution
Cons:
- Lower APY compared to top competitors
3.50% APY
1 year
N/A
$500
A key differentiator for LendingClub is its user-friendly online platform that simplifies the process of opening and managing CDs. While the 3.50% APY for the 1-year CD is lower than some competitors, the ease of access and flexibility in deposit options make it a viable choice for many savers.
Pros:
- Flexible deposit options
- User-friendly online platform
Cons:
- Lower APY compared to competitors
- Limited term options
Final Words
In conclusion, as of May 2026, some of the best 1-year CD rates in the US are offered by Limelight Bank at 5.75% APY, alongside other competitive options. Be sure to compare these rates from top providers to find the best fit for your savings goals and maximize your earnings.
Frequently Asked Questions
As of May 2026, some of the best 1-year CD rates include Limelight Bank at 4.03% APY and Marcus by Goldman Sachs at 4.00% APY.
The minimum deposit required for a 1-year CD at Limelight Bank is $1,000.
Marcus by Goldman Sachs offers a rate of 4.00% APY for a 1-year CD, making it one of the top options available.
A Certificate of Deposit (CD) is a savings product offered by banks that typically offers a higher interest rate than regular savings accounts, in exchange for agreeing to leave your money deposited for a fixed term.
Withdrawing money from a CD before its maturity date usually incurs an early withdrawal penalty, which can vary by bank and the terms of the CD.
The interest rates on CDs are typically fixed for the duration of the term, meaning they will not change regardless of market fluctuations.
Interest on a 1-year CD is usually paid out monthly, quarterly, or at maturity, depending on the bank's policies.
Compare CD Rates
Summary of all rates from our cd rate pages. Click column headers to sort.
| Provider ↕ | Rate ↓ | Term ↕ | Min Deposit | |
|---|---|---|---|---|
| Bread Savings | 4.75% APY | 5 years | $1,500 | Learn more |
| America First Federal Credit Union | 4.10% APY | 5 years | $500 | Learn more |
| Vibrant Credit Union | 4.10% APY | 6 months | $5 | Learn more |
| CommunityWide Federal Credit Union | 4.10% APY | 6 months | $1,000 | Learn more |
| Popular Direct | 4.10% APY | 6 months | $10,000 | Learn more |
| Newtek Bank | 4.10% APY | 6 months | $2,500 | Learn more |
| Live Oak Bank Personal | 4.10% APY | 12 months | $2,500 | Learn more |
| Limelight Bank | 4.03% APY | 1 year | $1,000 | Learn more |
| Marcus by Goldman Sachs | 4.00% APY | 1 year | $500 | Learn more |
| Sallie Mae | 4.00% APY | 5 years | $2,500 | Learn more |
| Marcus by Goldman Sachs High-Yield | 4.00% APY | 12 months | $500 | Learn more |
| TAB Bank | 3.90% APY | 12 months | $1,000 | Learn more |
| My Banking Direct | 3.80% APY | 6 months | $2,500 | Learn more |
| Synchrony Bank | 3.75% APY | 5 years | $0 | Learn more |
| BMO Alto | 3.60% APY | 5 years | $0 | Learn more |
| LendingClub | 3.50% APY | 1 year | $500 | Learn more |
