bank rates

CD Rates Leaderboard for December 6

Five of the six best nationally available CD rates are lower now, than they were in early November.

The leading 3-month rate is the only exception to the long, unrelenting decline in earnings power that savers have been coping with for more than two years now.

Sanibel Captiva Community Bank in southwest Florida took over the top spot in our rankings by offering 0.95% APY — one-tenth of a percentage higher than former leader Nexity Bank was paying.

The average return on 3-month CDs also ticked up from 0.21% APY to 0.23% APY in November even though the average returns on all of the other CDs we track fell last month.

Here’s where to find the top-paying CDs right now:

TERM BANK RATE MIN. DEPOSIT
3-Month CDs Sanibel Captiva 0.95% APY $1,000
6-Month CDs Aurora Bank 1.12% APY $1,000
12-Month CDs Melrose Credit Union 1.41% APY $5,000
Bank of Internet 1.41% APY $1,000
24-Month CDs Melrose Credit Union 1.66% APY $5,000
36-Month CDs Melrose Credit Union 2.17% APY $5,000
60-Month CDs Melrose Credit Union 2.93% APY $5,000


Banks and credit unions qualify for our rankings by selling their certificates of deposit online or through the mail, to savers nationwide.

Melrose Credit Union continues to be one of the few credit unions eligible for our rankings because its unique charter allows anyone to join for only $1, regardless of where they live or work. (You will also be required to hold at least $25 in a savings account.)

Compare these returns with the best CD rates from scores of other banks in our database.

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