These accounts all offer at least 5% APY on deposits. Here's the average interest rate for a CD with a minimum deposit of $10,000, according to data from the FDIC:įeatured Nationally Available Deposit Rates This data is updated monthly and includes both banks and credit unions. The Federal Deposit Insurance Corporation, a government agency that oversees banks, keeps track of average interest rates paid on CDs. The best cds can offer more than 10x than the national average. To help you understand what current rates look like, we've gathered information on national CD rates, as well as rates from popular financial institutions. While these fixed-interest accounts have an early withdrawal penalty to consider, they often include higher interest rates than the average savings or money market account.