What is the best CD rate for a 6-month term?

The national average CD rate on a 6-month term is 1.81% APY (Annual Percentage Yield), according to the FDIC. However, there are much higher interest rates on 6-month CDs right now. The best CD rate for a 6-month term is 5.25% APY available at America First Credit Union. We check rates daily to find the best rates for 6-month terms.

What is a 6 month CD?

A 6-month CD is a type of savings option that lets you maintain a fixed interest rate for a short period of time. The national average CD rate on a 6-month term is 1.81% APY (Annual Percentage Yield), according to the FDIC. However, there are much higher interest rates on 6-month CDs right now.

What are the best six-month CDs?

While many of the best six-month CDs we found are offered by lesser-known banks, Marcus by Goldman Sachs® stands out for its institutional name. If you’re more comfortable banking with a big name, its six-month CD is for you. It offers a nice 5.25% APY with a $500 minimum deposit. CD terms offered