Here’s where you can still snag 4% yields on idle cash
As 2026 approaches, these rich yields may be too good to last.
TL;DR
- Federal Reserve has cut its key interest rate three times, bringing the target range to 3.5%-3.75%.
- Yields on cash are lower than their highs, with rich CD rates now hovering around 4%.
- Marcus by Goldman Sachs and Sallie Mae offer 4% APY on 12-month CDs.
- Bread Financial offers 4.05% APY on high-yield savings accounts, and LendingClub offers 4%.
- Brokerage cash sweep account yields are also declining.
- Charles Schwab cut its cash sweep rate to 1 basis point, while eToro and Robinhood's Gold program saw decreases to 3.25%.
- Vanguard's Cash Plus Account now offers 3.1% APY.
- Analyst Craig Siegenthaler expects further cash sweep rate cuts over the next 12 months.