CD Rates

CD Rates and Market Data

The highest CD rate on Banksparency is 4.75% APY, advertised by Raymond James Bank on its 60 Month CD. This page tracks 3,242 active CDs from 249 banks.

By Aviel Fahl

Newest reading: September 2026|FDIC or NCUA Insured

View Highest CD Rates Business CDs

CD Rate Summary

249 tracked banks, across every term length.

A CD holds the money for the whole term, and in exchange the rate cannot fall while you hold it. Held for a year at the FDIC 12-month average, $10,000 returns about $171. The ten highest consumer CDs we track advertise 4.48%–4.75% APY. For scale: consumer prices added 3.36% in the year to July 2026, a look backward, while a CD's locked rate runs forward.

The mean of the 348 12-month CDs in the Banksparency CD index is 2.79%. The effective federal funds rate is 3.63% as of Sep 9, 2026.

Featured Offers

FDIC National Averages & Caps (Aug 2026)

1 Mo CD

0.22%

Nat. Cap: 5.29%

3 Mo CD

1.14%

Nat. Cap: 5.35%

6 Mo CD

1.41%

Nat. Cap: 5.53%

1 Yr CD

1.71%

Nat. Cap: 5.65%

2 Yr CD

1.57%

Nat. Cap: 5.89%

3 Yr CD

1.34%

4 Yr CD

1.27%

Nat. Cap: 5.96%

5 Yr CD

1.36%

Nat. Cap: 6.09%

Banksparency CD Indices by Term

Each index is computed across all tracked CDs of one term. A term publishes only when 25 or more products hold it, so a thin term shows no figure.

Term	Mean APY	Median APY	Products
3 months	2.04%	2.25%	207
6 months	2.65%	3.21%	320
9 months	3.09%	3.50%	102
12 months	2.79%	3.25%	348
18 months	2.74%	3.14%	235
24 months	2.67%	3.00%	317
30 months	2.27%	2.50%	108
36 months	2.57%	2.78%	298
48 months	2.50%	2.66%	258
60 months	2.58%	2.75%	269

How CD rates moved this week, this month, and this quarter

2339 tracked: 60 up, 9 down, 2270 unchangedDefault view is the past week. Switch tabs to see the full list for each timeframe.

Effective Federal Funds Rate

Policy rate benchmark

3.63%

No change vs 7 days

Previous: 3.63% (Sep 2026)Current: Sep 2026

FDIC National Averages

CD rate benchmarks across terms

1 Mo

0.22%

-0.01%

3 Mo

1.14%

-0.01%

6 Mo

1.41%

+0.03%

1 Yr

1.71%

+0.03%

2 Yr

1.57%

+0.01%

3 Yr

1.34%

—

4 Yr

1.27%

+0.01%

5 Yr

1.36%

—

View Federal Rates History

Chase Bank
7-Month CD
4.00% APY
+3.50%
Freedom Bank
24-35 Month CD
3.25% APY
+2.85%
Barclays
60-Month CD
4.25% APY
+2.25%
First County Bank
14 Month Easy-Out CD
4.20% APY
+1.45%
Barclays
24-Month CD
4.35% APY
+1.35%
Gate City Bank
5 Year Relationship CD
3.75% APY
+1.00%
Gate City Bank
5 Year CD
3.25% APY
+1.00%
THE VINTON COUNTY NATIONAL BANK
15 Month CD
3.50% APY
+1.00%
THE VINTON COUNTY NATIONAL BANK
10 Month CD
3.40% APY
+0.90%
THE VINTON COUNTY NATIONAL BANK
8 Month CD
3.35% APY
+0.85%
Capital One
11-Month CD
4.30% APY
+0.60%
Ally Bank
5 Yr CD
4.00% APY
+0.50%
Ally Bank
5 Yr IRA CD
4.00% APY
+0.50%
Ballston Spa National Bank
9 Month CD/IRA
4.00% APY
+0.50%
Barclays
6-Month CD
4.00% APY
+0.50%
Gate City Bank
2 Year Relationship CD
3.50% APY
+0.50%
Gate City Bank
2 Year CD
3.00% APY
+0.50%
UniBank for Savings
6 Month IRA CD
3.85% APY
+0.35%
First Federal Savings and Loan Association
18 Month CD
4.00% APY
+0.30%
Salem Five Direct
18-Month Special CD
4.30% APY
+0.30%
Farmers State Bank
12 Month CD
3.55% APY
+0.26%
Barclays
12-Month CD
4.25% APY
+0.25%
Gate City Bank
13 Month CD Special
3.50% APY
+0.25%
Salem Five Direct
15-Month Special CD
4.25% APY
+0.25%
Gate City Bank
1 Year Relationship CD
3.20% APY
+0.20%
Gate City Bank
1 Year CD
2.70% APY
+0.20%
UniBank for Savings
8 Month Certificate
3.85% APY
+0.20%
Ally Bank
18 Mo IRA CD
4.15% APY
+0.15%
Ally Bank
18 Mo CD
4.15% APY
+0.15%
Colorado Federal Savings Bank
60-Month CD
3.95% APY
+0.15%
Colorado Federal Savings Bank
12-Month CD
4.25% APY
+0.15%
Colorado Federal Savings Bank
6-Month CD
4.15% APY
+0.15%
Colorado Federal Savings Bank
18-Month CD
4.20% APY
+0.15%
Raymond James Bank
60 Month CD
4.75% APY
+0.15%
Ally Bank
9 Mo IRA CD
3.90% APY
+0.15%
Ally Bank
9 Mo CD
3.90% APY
+0.15%
Freedom Bank
18 Month CD Special
4.00% APY
+0.15%
Gate City Bank
4 Year Relationship CD
3.65% APY
+0.15%
Gate City Bank
4 Year CD
3.15% APY
+0.15%
North Shore Trust and Savings
13 Month CD Special
4.10% APY
+0.15%
Sallie Mae Bank
15-Month Certificates of deposit CDs
4.40% APY
+0.10%
Ally Bank
12 Mo IRA CD
4.00% APY
+0.10%
Ally Bank
12 Mo CD
4.00% APY
+0.10%
Ally Bank
3 Yr CD
3.60% APY
+0.10%
Ally Bank
3 Yr IRA CD
3.60% APY
+0.10%
Freedom Bank
12 Month CD Special
3.85% APY
+0.10%
Colorado Federal Savings Bank
24-Month CD
4.10% APY
+0.10%
Colorado Federal Savings Bank
36-Month CD
4.05% APY
+0.10%
THE VINTON COUNTY NATIONAL BANK
17 Month CD
3.80% APY
+0.10%
Live Oak Bank
1 Year Business CD
4.15% APY
+0.05%
Live Oak Bank
1 Year Personal CD
4.15% APY
+0.05%
Raymond James Bank
24 Month CD
4.40% APY
+0.05%
Live Oak Bank
6-Month Business CD
3.95% APY
+0.05%
Live Oak Bank
18-Month Business CD
3.95% APY
+0.05%
Live Oak Bank
18-Month Personal CD
3.95% APY
+0.05%
Live Oak Bank
6-Month Personal CD
3.95% APY
+0.05%
GreenLeaf Bank
2 Year CD
4.00% APY
+0.05%
Live Oak Bank
9-Month Personal CD
4.05% APY
+0.05%
Live Oak Bank
9-Month Business CD
4.05% APY
+0.05%
Raymond James Bank
6 Month CD
4.10% APY
+0.05%

Decreases

Chase Bank
4-Month CD
1.75% APY
-2.05%
Chase Bank
2-Month CD
0.50% APY
-1.00%
Citibank
9-Month CD
2.00% APY
-1.00%
Citibank
5-Month CD
3.00% APY
-0.50%
Exchange Bank
9 Month New Money Promotional CD
3.75% APY
-0.50%
Omb Bank
27 Month CD Special
3.50% APY
-0.50%
ConnectOne Bank
7 Month CD
3.75% APY
-0.25%
Raymond James Bank
18 Month CD
4.35% APY
-0.10%
Bank of America
Variable Rate IRA CD
0.03% APY
-0.08%

New to CDs? Read the short guide

Why CDs Pay More

CDs trade liquidity for yield. You agree to keep money parked for a fixed term and the bank guarantees the rate in return. In Banksparency's database, 343 CDs offer rates of 4.00% APY or higher.

Pick a Term Length That Fits Your Timeline

Terms currently range from 1-Month-10-Year. Longer terms lock your rate for longer, but the highest APY isn't always the longest term.

Understand Early Withdrawal Penalties

Most CDs charge a penalty if you cash out before the term ends. Always check early withdrawal terms before you lock in a rate.

Ladder for Flexibility

Split your deposit across multiple terms so you get regular maturity dates. This can improve liquidity without giving up all of the higher rates.

How to Choose a CD

Compare APY, minimum deposit, online-only access, and whether the term matches your timeline. The CD that fits you is the one you can hold through maturity.

When a CD Makes Sense

Known Purchase Date
Car, tuition, or down payment with a clear timeline.
Rate Lock
Lock today's rate in case rates fall later.
Short-Term Parking
Keep cash safe for 3-12 months with a fixed return.
Laddering Strategy
Stagger multiple CDs for regular maturity dates.
Conservative Yield
Predictable interest with low risk.
Business Reserves
Park surplus cash while staying federally insured.

Not ideal for:Everyday spendingUncertain timelinesEmergency cash you might need tomorrow

Top 5 Highest CD Rates Right Now

By advertised APY. Excluding business CDs.

Raymond James Bank leads at 4.75% APY on its 60 Month CD. The tenth-ranked CD rate is 4.48%, so the top ten span 0.27 points. The leader is 2.8 times the FDIC national average of 1.71%.

See the highest CD rates

Institution	Product / Term	Category	APY	Min. Deposit
Raymond James Bank	60 Month CD60 months	CD Fixed	4.75%	$1,000
Raymond James Bank	48 Month CD48 months	CD Fixed	4.60%	$1,000
Habib American Bank	12 Month CD12 months	CD Fixed	4.50%	—
Habib American Bank	3 Month CD3 months	CD Fixed	4.50%	—
Habib American Bank	6 Month CD6 months	CD Fixed	4.50%	—

Top 5 Highest Business CD Rates Right Now

By advertised APY. Specifically for business accounts.

Live Oak Bank advertises the highest business CD rate, 4.15% APY on its 1 Year Business CD. Banksparency tracks 66 active business CDs.

See the highest business CD rates

Institution	Product / Term	Category	APY	Min. Deposit
Live Oak Bank	1 Year Business CD12 months	Business CD	4.15%	$2,500
The North Country Savings Bank	Three Month Business CD3 months	Business CD	4.07%	$1,000
Live Oak Bank	9-Month Business CD9 months	Business CD	4.05%	$2,500
Newtek Bank	12-Month CD12 months	Business CD	4.00%	$2,500
Newtek Bank	6-Month CD6 months	Business CD	4.00%	$2,500

Highest CD Rates by Term Length

The highest advertised rate across the 10 tracked terms is 4.75% APY on the 5-Year CD from Raymond James Bank. The shortest term, 1-Month CD, tops out at 3.65%, and the longest, 5-Year CD, at 4.75%.

1-Month CD3.65% APY

EagleBank

1 Month CD

Dedicated page coming soon

3-Month CD4.50% APY

Habib American Bank

3 Month CD

View 3-Month CD Rates

6-Month CD4.50% APY

Habib American Bank

6 Month CD

View 6-Month CD Rates

9-Month CD4.30% APY

EagleBank

9 Month CD

View 9-Month CD Rates

12-Month CD4.50% APY

Habib American Bank

12 Month CD

View 1-Year CD Rates

18-Month CD4.45% APY

Credit One Bank, National Association

18 Month High Yield Jumbo CD

View 18-Month CD Rates

24-Month CD4.45% APY

Credit One Bank, National Association

24 Month High Yield Jumbo CD

View 2-Year CD Rates

36-Month CD4.50% APY

Popular Direct

36 Months

View 3-Year CD Rates

48-Month CD4.60% APY

Raymond James Bank

48 Month CD

View 4-Year CD Rates

60-Month CD4.75% APY

Raymond James Bank

60 Month CD

View 5-Year CD Rates

CD rate questions

What is the highest CD rate right now?

Raymond James Bank advertises 4.75% APY on its 60 Month CD, the highest of 3,242 active CDs tracked on Banksparency.

What is the average CD rate?

The mean of the 348 12-month CDs in the Banksparency CD index is 2.79%. It measures that population, not every CD on this page.

How do the top CD rates compare with the FDIC national average?

The ten highest advertised rates run from 4.48% to 4.75% APY, against an FDIC national average of 1.71%. The FDIC national rate cap for 12-month CDs is 5.65%.

When were these CD rates last observed?

The newest reading on this page is from September 2026. Banksparency reads each institution's advertised rate on that institution's own website, and it records the date of each reading. Some rates on this page carry an earlier date. A rate can change at any time, so confirm it with the institution before you open an account.

Which CD term has the highest rate?

The 5-Year CD leads, with Raymond James Bank advertising 4.75% APY. A longer term does not always carry a higher rate; compare the term leaders before you choose.

Highest Business CD Rates by Term Length

Term-specific business CD pages are coming soon. In the meantime, see the highest business CD rates in one place.

See the highest business CD rates

Term	APY	Minimum
6-Month CD	3.50%	$500
1-Year CD	3.50%	$500
2-Year CD	3.15%	$500
3-Year CD	2.85%	$500
5-Year CD	2.75%	$500