Checked November 1, 2026
CD rates today
The best 12-month CD pays 4.65% APY at CFG Bank. A 5-year CD pays 0.35 points more than a 12-month CD today (5.00% vs 4.65%), so locking in longer earns you more.
We checked 69 banks and credit unions. The table shows the top rate for each term, the typical rate among the best quarter of banks, and the middle rate.
Best CD rate by term
| Term | Top APY | Bank | Best quarter avg | Middle APY | Banks |
|---|---|---|---|---|---|
| 3-month CDs | 4.30% | Bank5 Connect | 3.99% | 2.95% | 38 |
| 6-month CDs | 4.40% | LendingClub | 4.27% | 3.68% | 58 |
| 12-month CDs | 4.65% | CFG Bank | 4.52% | 4.00% | 67 |
| 18-month CDs | 4.85% | Bread Savings | 4.65% | 4.35% | 29 |
| 2-year CDs | 4.85% | Merrick Bank | 4.58% | 3.35% | 63 |
| 3-year CDs | 4.90% | Merrick Bank | 4.57% | 3.20% | 65 |
| 5-year CDs | 5.00% | Popular Direct | 4.70% | 3.00% | 62 |
2 banks left out because we have no CD reading from the last 7 days.
How CD rates change with term
A 5-year CD pays 0.35 points more than a 12-month CD today (5.00% vs 4.65%), so locking in longer earns you more. Read more in why longer CDs stopped paying more and which CD term to choose.
Next-best banks for each term
3-month CD
- Bank5 Connect4.30%
- Popular Direct4.30%
- Merrick Bank4.26%
- WebBank3.96%
6-month CD
- LendingClub4.40%
- Merrick Bank4.40%
- Quorum Federal Credit Union4.40%
- KS StateBank4.35%
12-month CD
- CFG Bank4.65%
- Merrick Bank4.65%
- Popular Direct4.60%
- E*TRADE4.55%
18-month CD
- Bread Savings4.85%
- Merrick Bank4.85%
- Popular Direct4.80%
- CFG Bank4.70%
2-year CD
- Merrick Bank4.85%
- CFG Bank4.82%
- E*TRADE4.80%
- LendingClub4.76%
3-year CD
- Merrick Bank4.90%
- Quorum Federal Credit Union4.90%
- Popular Direct4.85%
- CFG Bank4.82%
5-year CD
- Popular Direct5.00%
- Quorum Federal Credit Union5.00%
- Sallie Mae Bank5.00%
- CFG Bank4.82%
Before you open one
- Early withdrawal cost
See what breaking a CD early would cost in dollars.
- CD earnings calculator
Work out how much interest a deposit earns at any rate and term.
- Savings rates today
If you want to keep your money open, compare savings accounts.
Smaller deposit? See CD rates with no minimum deposit, you can open with $500 or less, you can open with $1,000 or less.
Common questions about CD rates
What is the best CD rate today?
The highest 12-month CD rate we track today is 4.65% APY at CFG Bank. The typical top-quarter 12-month CD pays 4.52%. Rates are checked across 69 banks and credit unions.
Which CD term pays the most right now?
A 5-year CD pays 0.35 points more than a 12-month CD today (5.00% vs 4.65%), so locking in longer earns you more.
Should I pick a short or long CD?
A short CD lets you move your money sooner. Today the best 6-month CD pays 4.40% and the best 5-year CD pays 5.00%. If the longer term pays no more, a short CD costs you nothing in rate and keeps your options open.
How often do these CD rates update?
We check each bank's CD rates against its own page and refresh this table through the day. Banks with a reading older than 7 days are left out.
Are the CDs on this page insured?
90% of the banks listed are FDIC-insured, and credit unions are insured by the NCUA. Each is insured up to $250,000 per depositor, per bank, per ownership category.
What happens if I take money out of a CD early?
Most CDs charge an early withdrawal penalty, usually some months of interest. Check the bank's penalty before you open one. Our early withdrawal calculator shows the cost in dollars.