Top CD Rates Since November 2021 - As of Aug. 24, 2023

In November 2021, the top rate across CD terms of 6 months to 5 years ranged from 0.70% to 1.35% APY. After 11 Fed hikes between March 2022 and July 2023, the top rates have surged to a range of 4.77% to 5.75% APY.