National CD Rates: Best CD Rates on 4 Year Certificates of Deposit at 1.98%

Right now on our national list of the highest CD rates on 4 year certificates of deposit Discover and Penfed are listed with the highest CD rates. The bank and credit union are offering 4 year CD rates at 1.98% with CD yields at 2.00%. That rate is considerably better than the current national average 4 year CD rate of 1.38% as reported by MonitorBankRates.com.

Find the best CD rates at banks by searching our rate tables here: Best CD Rates.

The second best CD rate on our list of national 4 year CD rates is from First Internet Bank of IN and Nationwide Bank. Both banks are offering 4 year bank CD rates at 1.93% with a bank CD yield of 1.95%.

Ally Bank is listed with the third best CD rate on our national list. 4 year CD Rates at Ally Bank are currently at 1.78% with a CD yield of 1.80%. This rate is on the bank's 48 month Raise Your Rate CD which allows you to raise your CD rate twice during the CD term if CD rates go higher.

The fourth best CD rate on our list is from the banking arm of American Express. The bank is offering 4 year rates at 1.58% with a yield of 1.60%.

A few local banks on our rate lists around New York and other areas  are also offering some of the top CD rates available right now. Dime Savings Bank, Ridgewood Savings Bank, First Central Savings Bank and Ponce de Leon FSB are all offering 48 month rates at 1.98% with yields at 2.00%.

You can find local banks and credit unions in your area that are offering high CD rates. Just search for rates by your state or zip code.