Top CD Rates Since December 2021—As of May 30, 2024

In December 2021, the top nationally available rate across CD terms of 6 months to 5 years ranged from 0.80% to 1.30% APY. With 11 Fed rate hikes between March 2022 and July 2023, the top rates surged as high as a range of 5.25% to 6.00% APY in November 2023.