This is a considerable rise from 1.13% one month ago. The national average APY for six-month CDs is 1.25%, up marginally from 1.23% last week. When you opt for leading six-month CDs, you get a winning combination: solid interest rates and a commitment that’s only short-term. The current national high for a three-month CD is 5.15%, which would earn more than $315 in interest with a $25,000 deposit. Over the past month, rates on three-month CDs have climbed by 15 basis points.
Rates on three-month CDs have experienced a slight increase since last week, rising by one basis point to 0.84% today. Quoted rates are based on a $25,000 deposit.
