CD Rates Surge in July 2026 | Business and Finance News

CDs are back with a bang—grab the hottest rates yet. As of July 26, 2026, Sallie Mae’s two-year CD offers a whopping 4.20% APY, flipping the usual rule that longer terms = better rates. With $1,000, a 4% APY CD nets you over $40 in interest—way more than the $15 you’d earn at just 1.52%. Rates vary by term: 4.10% for one-year, 4.08% for six months, and 4.05% for 18 months. Plus, there’s a menu of CD types—from bump-up and no-penalty to jumbo and brokered—each with unique perks and risks. Whether you’re looking to lock in cash or stay flexible, there’s a CD for your savings goals. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/10976c91869ad9c8