CD rates are a product of their economic times, and we're currently in a rosy period. At other times in history, CD rates ...

Jack Caporal is the Research Director for The Motley Fool and has worked full-time for the company since 2021. His research focuses on uncovering and analyzing trends that shape personal financial ...

Historical CD rates have risen and fallen in line with ... forcing the Fed to raise rates dramatically. In Oct. 2023, average rates on the 3-month CD hit 5.46%, their highest in roughly 16 years.

(See more details about historical CD rates to see more context.) High-yield CD rates today can be several times the national average of 1.34% APY for five-year terms and the national average of 1 ...

The graph below uses historical FDIC data to display national average rates on CDs from 2009 to 2023 and highlights how CD rates responded to changes in central bank policies, inflation rates and ...

However, our opinions are our own. See how we rate banking products to write unbiased product reviews. According to the FDIC, the average CD pays 0.25% to 1.78% APY, depending on the term length.

But, a certificate of deposit (CD) can help. That's because ... There's a big difference between national average savings rates and the top interest rates available. In part, that's because ...

BMO offers CD terms ... the national average, according to recent FDIC data. With an assortment of terms, there’s a BMO CD to meet almost every savings need. Compare CD rates at multiple banks ...

For our list of the best CD rates, the MarketWatch Guides team evaluated ... with Synchrony’s budgeting tool We chose Ally for its history of high APYs and solid customer service.

As of June 2024, the average 60-month CD rate is 1.43%, according to data from the FDIC. While that might seem low, it’s possible to find certificates with a much higher APY, which will yield ...

Three-year CDs offer interest rates that are usually higher than you can get in high-yield savings accounts. The average 3-year CD rate today is 1.40% APY, however, many 3-year CDs offer higher ...