Current CD Rates: July 2021

Interest rates on certificates of deposit have remained flat so far this year after steady drops throughout 2020. You can still find high-yield CD rates double the national average of 0.26% for five-year terms and triple the national average of 0.14% for one-year terms.

Unlike regular savings accounts, most CDs have fixed rates, so you can lock in a high rates while they last. (See more details about historical CD rates as you consider what to expect in the near future.)

Here's a look at current CD rates at some online banks and credit unions.

» Want to compare more CDs? Check out our best CD rates

Current CD Rates: Compare high-yield to national average rates

Although rates aren't as high as in recent years, they're still head and shoulders above national averages. The average rate for a one-year CD is 0.14% APY, and the average rate for a five-year CD is 0.26% APY. Let's compare national averages with an online example.