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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

4.15% APY

Benchmark average

3.45% APY

User opportunity

Small rate differences compound over time

Historical archive

CD Rates over time

-5bps this week
May 5Jun 2Jun 25Jul 17Aug 9

Aug 7

4.50%

Aug 8

4.50%

Aug 9

4.50%

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: Top Yields for Rate CertaintyCompare the best CD rates 2026 has to offer. See live APYs, dollar-impact projections, and strategies to lock in guaranteed returns while the Fed path remains uncertain.GuideBest Banks for Creators in: Banking for Irregular, Multi-Platform IncomeCreator income arrives from many platforms, on no fixed schedule, mixing business and personal money. Most bank accounts are built for a steady paycheck. Here is what to look for, and how to structure accounts so taxes and irregular pay do not derail you.GuideIs High-Yield Checking the New Savings Account? What Changed inNeobanks are putting savings-level interest on checking accounts, sometimes higher. It blurs a line that used to be simple: checking for spending, savings for earning. Here is what high-yield checking really pays, its catches, and when it should replace your savings account.GuideThe New Parent's Money Playbook (2026)A new baby reorders your finances overnight, and the internet's first instruction, open a college fund, is the wrong place to start. This is the first-year money playbook in priority order: protect the income and the guardianship first, absorb the cash-flow shift, then choose a savings account, with the 2026 numbers and the new Trump Accounts explained.CalculatorCD Ladder OptimizerIllustrate an equal-rung CD ladder using a linear blend between entered 1-year and 5-year APY scenarios.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

4.10% 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

3.63%

Fed funds midpoint

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