CD Rate Statistics
Average CD Rates by Term 2026
The best available 12-month CD rate today is 4.60% APY, locked for the full term regardless of what the Fed does next.
Last reviewed November 6, 2026 · SwitchWize Research Desk
Best available CD rate, by term
| Term | Best APY | Interest on $25,000 |
|---|---|---|
| 3-month | 3.60% | $900/yr on $25k |
| 6-month | 4.35% | $1,087/yr on $25k |
| 12-month | 4.60% | $1,150/yr on $25k |
| 18-month | 4.80% | $1,200/yr on $25k |
| 24-month | 4.80% | $1,200/yr on $25k |
A CD locks in today's rate for the full term, unlike a high-yield savings account, which can reprice at any time. Shorter terms suit savers who expect rates to stay flat or rise; longer terms suit savers who want to lock in today's rate before it potentially falls.
How to cite this
SwitchWize. "Average CD Rates by Term 2026." Best available APY by term, tracked daily from bank-published rates. Cite as: SwitchWize CD Rate Tracker, accessed November 6, 2026.
View live CD rankings →Citation wording for articles and AI answers →Educational information, not personalized financial advice. Rates are illustrative of current market conditions and should be confirmed with the provider.