Average CD Rate (2026)

The top 12-month CD APY at online banks is about 4.45% in September 2026 (EagleBank), with most top CDs across terms paying 4.00-4.50%, while the national average 1-year CD is just 2.05%. CD rates peaked near 5.5% in 2024, drifted down through the Fed's cutting cycle, and firmed again after the September 2026 rate hike. Brokered CDs at major brokerages typically pay 0.10-0.20% above bank-direct CDs.