Top CD Rates Today, March 29

See how today's top nationwide rate is trending for every CD term

By
Yasmin Ghahremani
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Full Bio
Yasmin Ghahremani has over two decades of journalism experience and is an expert on personal finance topics, including credit cards, insurance, and loans. She is an Associate Editorial Director for Investopedia, providing strategy and operations leadership around educational content designed to help consumers make the best financial choices for their needs.
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Published March 29, 2023
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If you're looking for a 1-year certificate of deposit (CD), today's news may be welcome. The best rate among nationally-available 12-month CDs jumped 5 basis points. You can now earn 5.25% APY on the popular product.

But the top rate for a 3-month CD tumbled a quarter of a percentage point today. And the best annual percentage yield (APY) you can get on any CD today remains 5.50%, which you'll find at only one nationally-available financial institution.

Key Takeaways

  • The top rate for a 1-year CD rose to 5.25% APY today.
  • Yesterday's 3-month CD rate leader dropped its rate, leaving the best APY on that term at 4.75%.
  • Best rate on any CD: 5.50% APY, once again.
  • Leading rates for jumbo CDs held fast, with top rates of 5.25% on multiple terms.

CD rates are largely now in a holding pattern, a week after the Federal Reserve's last interest-rate hike. The biggest mover today was Teachers Federal Credit Union, which exited the top spot for a 3-month CD rate, leaving the title to Umbrella Bank with a 4.75% APY.

Among the leaders for the high-demand 1-year CD term, MYSB Direct elbowed out Rising Bank with a 5.25% APY—the best you'll find on a nationally-available 1-year CD.

All the other leading rates remain unchanged. The most you can earn on any term has been 5.50% APY since March 3. That's available from Credit Human, a nationwide credit union, on any term length between 24 and 35 months.

If you're looking for a CD specifically from a nationwide bank, the MYSB 1-year or the 9-month CD from Brilliant Bank are your best bets, rate-wise. Both pay 5.25% APY.

The top jumbo rate is still 5.25%, which you can get on 6-month, 1-year, 18-month, and 3-year terms.

CD Term  Yesterday's Top National Rate Today's Top National Rate  Day's Change (percentage points)
3 months 5.00% APY 4.75% APY -0.25
6 months  5.25% APY 5.25% APY No change
1 year  5.20% APY  5.25% APY  +0.05
18 months 5.25% APY 5.25% APY No change
2 years  5.50% APY 5.50% APY No change
3 years  5.50% APY 5.50% APY  No change
4 years 5.00% APY 5.00% APY No change
5 years  5.00% APY  5.00% APY  No change
10 years 4.30% APY 4.30% APY No change
To view the top 15-20 nationwide rates in any term, click on the desired term length in the table above.
 CD Term Today's Top National Bank Rate Today's Top National Credit Union Rate Today's Top National Jumbo Rate
3 months  4.75% APY 4.50% APY  3.91% APY 
6 months  5.25% APY 5.25% APY  5.25% APY 
1 year  5.25% APY  5.05% APY 5.25% APY 
18 months  5.00% APY  5.25% APY  5.25% APY 
2 years  5.13% APY  5.50% APY  4.70% APY 
3 years  4.60% APY  5.50% APY  5.25% APY 
4 years  4.55% APY  5.00% APY  4.85% APY 
5 years  4.50% APY  5.00% APY  5.05% APY 
10 years 4.10% APY 4.30% APY None
To view our lists of the top-paying CDs across terms for bank, credit union, and jumbo certificates, click on the column headers above.

Note that the "top rates" quoted here are the highest nationally available rates Investopedia has identified in its daily rate research on hundreds of banks and credit unions. This is much different than the national average, which includes all banks offering a CD with that term, including many large banks that pay a pittance in interest. Thus, the national averages are always quite low, while the top rates you can unearth by shopping around are often 5, 10, or even 15 times higher.

Rate Collection Methodology Disclosure

Every business day, Investopedia tracks the rate data of more than 200 banks and credit unions that offer CDs to customers nationwide and determines daily rankings of the top-paying certificates in every major term. To qualify for our lists, the institution must be federally insured (FDIC for banks, NCUA for credit unions), and the CD's minimum initial deposit must not exceed $25,000.

Banks must be available in at least 40 states. And while some credit unions require you to donate to a specific charity or association to become a member if you don't meet other eligibility criteria (e.g., you don't live in a certain area or work in a certain kind of job), we exclude credit unions whose donation requirement is $40 or more. For more about how we choose the best rates, read our full methodology.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.

  1. Credit Human. "Share Certificates."