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-5bps this week

CD Rate Trends

See where CD yields sit today, how the lock-in window is changing, and when a CD ladder may make sense.

Best 12-month CD APY

5.00% APY

Benchmark average

1.71% APY

User opportunity

Small rate differences compound over time

Historical archive

CD Rates over time

-5bps this week
Aug 4Aug 28Sep 22Oct 16Nov 8

Nov 6

5.00%

Nov 7

5.00%

Nov 8

5.00%

What changed

CD Rates moved down by 5 basis points this week.

Why it matters

Should I lock a CD before rates fall?

What to do next

Compare terms before committing to a lock-up period.

How we track this rateShow
SourceSwitchWize Rate Scout (Bankrate), updated daily
MethodBest 12-month CD APY sourced from SwitchWize Rate Scout daily scrape. Rate reflects the highest published APY across FDIC-insured institutions. Term length and minimum deposit conditions apply per issuer.

Verified existing coverage

Use what SwitchWize already has

6 links
GuideBest CD Rates 2027: Top Yields for Rate CertaintyCompare the best CD rates 2027 has to offer. See live APYs, dollar-impact projections, and strategies to lock in guaranteed returns while the Fed path remains uncertain.GuideVanguard Cash Plus Account Review: Rates, Fees and AccessA review of Vanguard Cash Plus for savers: what the bank sweep pays, who qualifies for more, and how deposit restrictions affect emergency cash.GuideHow to Connect SwitchWize to ChatGPT or Claude (MCP Setup Guide)Step-by-step instructions for adding SwitchWize's free MCP server to Claude Desktop, Claude web, ChatGPT, and coding tools like Cursor, so an AI agent can pull live savings rates, card offers, and CD rules directly into a conversation.GuideOctober Added 165,000 Jobs, and a December Fed Hike Looks Likely. 52 of 87 Savings Accounts Did Not Raise Their Rate After the Last One.October hiring came in at more than twice the forecast, and odds of a December Fed hike rose to about 77% to 80%. What the last hike did for savers, and what a second one is worth.CalculatorCD Ladder OptimizerDecide whether to build a CD ladder, keep cash liquid, or use a single CD, with after-tax income, weighted APY, and liquidity warnings.ComparisonProduct comparisonExisting SwitchWize comparison page connected to this rate.

Related rate pages

All rates

Benchmark

10-Year Treasury

-6bps this week

4.15%

10-year Treasury yield

Follow the market yield that often influences mortgage pricing and long-term rate sentiment.

Product rate

Money Market

+5bps this week

4.05% APY

Best MMA APY

Track money market account yields for savers who want higher APY with more access than CDs.

Product rate

Savings Rates

No weekly change

4.40% APY

Best HYSA APY

Track top savings APYs, national averages, and the rate gap between traditional banks and high-yield accounts.

Benchmark

Fed Funds

No weekly change

3.88%

Fed funds midpoint

Track the Fed policy rate and how it can affect savings APYs, CD rates, mortgage rates, and credit card APRs.