CD Rates | Search for CD Rates Today
Search and compare the highest CD rates available locally and nationally using our CD Rate list below. We maintain a list of the best certificate of deposit rates available at local banks, national banks and credit unions. Use our rate list to find the best CD rates available. Our CD database of rates is updated daily since CD interest rates change all the time.
CD rates continue to move lower this past week, continuing the downward trend ever since the Federal Reserve started lowering the fed funds rate. When we started 2019, the best CD rates on 12-month certificates of deposit were around 2.75 percent.
Forecasts were for 12-month CD rates to go above 3.00 percent sometime in 2019. Now a 3.00 percent CD rate is out of reach, at least for this economic cycle and maybe in our lifetimes. About a decade ago, a 1-year CD rate of 5.00 percent wasn’t unheard of, now I’m pretty sure I won’t see that in my lifetime.
Thinking back nostalgically back to the early 1980s, I remember my grandparents getting 1-year CD rates around 12 to 13 percent. Shorter term CD rates were even higher, 3-month CD rates were around 18 percent. The early 1980s was my first introduction to certificates of deposit, remembering my parents and grandparents talking about how high CD rates were.
In addition to talking about how high CD rates were, I also remember them talking about how high inflation was at the time. So, it is a tradeoff, these current low deposit rates are a direct result of low inflation.
Back to the present time and rates, the highest 12-month CD rates this week on our rate list are at 2.23 percent with an APY of 2.25 percent from Cross River Bank. The highest 6-month CD rates right now are at 2.03 percent with an APY of 2.05 percent from TotalDirectBank.
Looking to invest in a longer-term certificate of deposit? The best CD rates on 3-year certificates of deposit are at 2.40 percent and the best 4-year CD rates are at 2.45 percent. Both these top CD rates are also offered by Cross River Bank.
Always compare CD rates online to make sure you are getting the best CD rates available.
Capital One CD rates are still some of the highest CD rates available from any online bank and there is no minimum deposit to open a CD account at Capital One. Current 1 year CD rates from Capital One are at 2.37%. 18 month CD rates at Capital One are currently at 2.52 percent with an APY of 2.55 percent. 24 month and 30 month CD rates are at 2.18 percent with an APY of 2.20 percent. 36 month and 48 month CD rates are at 2.22 percent with an APY of 2.25 percent. 60 month CD rates are at 2.27 percent with an APY of 2.30 percent.
TIAA Bank CD rates were recently lowered but are still some of the highest CD rates currently available from any bank. 1 year CD rates at TIAA Bank were lowered slightly to 2.70 percent with an APY of 2.74 percent, down from 2.71 percent with an APY of 2.75 percent. There were a slew of other CD rate changes at TIAA Bank. In fact, all CD rate changes at TIAA Bank were lower except for 2 year rates which were increased. 2 year CD rates were increased from 2.79 percent with an APY of 2.83 percent to 2.81 percent with an APY of 2.85 percent.
TIAA Bank CD Rate Changes
TIAA Bank Jumbo CD Rate Changes
See how other CD rates at banks compare to TIAA Bank CD Rates.
Popular Direct which already has some of the best CD rates available for several CD terms has upped their 6 month CD rate. 6 month CD rates today at Popular Direct were increased to 2.46 percent with an APY of 2.49 percent. The old 6 month CD rate from Popular Direct was at 2.32 percent with an APY of 2.35 percent. Popular Direct now has the highest CD rate on our 6 month rate list. See how other bank CD rates below compare to Popular Direct CD rates to get the best rate today.
North American Savings Bank CD rates are some of the highest CD rates available from any bank right now. 12 month CD rates from North American Savings Bank are currently at 2.70 percent with an APY of 2.74 percent. 24 month CD rates at NASB are higher at 2.90 percent with an APY of 2.94 percent. 36 month CD rates from NASB are even better at 3.00 percent with an APY of 3.05 percent. See how NASB CD rates compare with other CD rates at banks to get the best deal today.
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