Verified October 2026
What is the average 12-month CD rate today?
The typical 12-month CD pays around 1.80% APY nationally, versus a top tracked rate of 4.63% APY — a gap worth about $708/year on a $25,000 CD.
This figure comes directly from SwitchWize 12-Month CD Gap Index, refreshed from live rate data — not a fixed estimate. It is not personalized financial advice; your own best move depends on your bank, balance, and goals.
12-Month CD Gap IndexReviewed October 16, 2026 by the SwitchWize Research Desk.