But you may be able to find better deals by shopping around. The current top national rate for a 6-month CD is 4.88% APY, according to the data available from Bankrate’s database.
The best six-month CDs can provide both a competitive interest rate, as well as a short-term commitment. The national average rate was 1.41% as of April 17, 2023, the latest data available, the same as last week but down three basis points from one month ago. Average rates on three-month CDs have remained steady over the past week.
