Best 12-month CD rates for May 2026

Today’s Best 12-Month CD Rates

HomebreadcrumbRatesbreadcrumbBest 12-month CD Rates

Best 12-month CD Rates :

verify-icon
A 12-month certificate of deposit (CD) can offer a competitive yield while only keeping your savings locked up for one year. In today’s rate environment, top one-year CD rates are often several times higher than the national average. Before you choose, consider how soon you’ll need access to your funds to avoid early withdrawal penalties. Compare today’s best 12-month CD rates below.
Rate Methodology
dropdown-icon
APYs shown below are updated daily. We review offers from banks and credit unions across the U.S. to highlight the highest rates available for a 12-month CD. All institutions listed are FDIC- or NCUA-insured.
Current 12-month CD Trends
% APY*
CD Valet Partner Average
% APY*
National Average
FINANCIAL INSTITUTIONS 
APY* sort
APY Info
Annual Percentage Yield (APY) for certificates of deposits are from the latest rate surveys which are updated as often as daily. Rates are based on publicly available data for CD products. Additional restrictions and requirements may apply. The APY assumes interest remains on deposit until maturity. Early withdrawal penalty may be imposed if funds are withdrawn prior to maturity. Fees and penalties may reduce earnings. The APY for variable CD Rates may change after the account is opened.
TERM sort
MIN. DEPOSIT sort
 
No Result
No Result Found
Frequently Asked Questions
How to find and compare the best 12-month CD rates ?
downward-arrow
The easiest way to compare the best 12-month CD rates is with CD Valet. Use CD Valet to view nationwide rates that are updated daily, and filter by term, deposit amount, and promotions,so you can quickly find top offers.
    When comparing CDs, pay close attention to three key factors:
  • APY (Annual Percentage Yield): Shows your actual return.
  • Minimum deposit: Requirements range from hundreds to thousands.
  • Early withdrawal penalties: Know the cost if you access funds before maturity.
What is a 12-month CD ?
downward-arrow
A 12-month CD is a savings product where you commit to keeping your money on deposit for one year in exchange for a fixed interest rate. Most 12-month CD rates are higher than traditional savings, FDIC- or NCUA insured, and provide a safe, low risk way to grow money.
How much could I earn with this CD ?
downward-arrow
Want to see what today’s 12-month CD rates could earn you? Use the calculator below to estimate your return. Just enter your deposit amount and the current rate, and you’ll instantly see how much you can earn after 12-months.
Explore More Rates by Term:
Best 6 Month CD Rates
Best 24 Month CD Rates
Best 3 Year CD Rates
Best 4 Year CD Rates
Best 5 Year CD Rates
  • CD Valet
  • The smart saver's trusted source for verified, high-yield CD rates from federally insured banks and credit unions.
social-iconsocial-iconsocial-icon

Overview


Tools

* Annual Percentage Yield (APY) for certificates of deposits are from the latest rate surveys which are updated as often as daily. Rates are based on publicly available data for CD products. Additional restrictions and requirements may apply. The APY assumes interest remains on deposit until maturity. Early withdrawal penalty may be imposed if funds are withdrawn prior to maturity. Fees and penalties may reduce earnings. The APY for variable CD Rates may change after the account is opened.

** Annual Percentage Yield (APY) for High Yield Savings Accounts (HYSA) are effective as of the date shown above. HYSA are variable rate accounts. Rates may change after the account is opened. Fees may reduce earnings. Additional restrictions and requirements may apply. Please review the account deposit agreement and fee schedule for the financial institution for further information regarding fees, terms, and conditions.

Tiered rates may be included in the account listings. Please refer to the financial institution's website for the full listing of any tiered rates. Visitors should independently verify all terms, conditions, and limitations including, but not limited to deposit insurance coverage, credit union eligibility and membership requirements. CD Valet is not a federally insured deposit institution; deposit insurance is offered through the bank or credit union. CD Valet is compensated by a limited number of financial institutions that have either contracted marketing services with CD Valet or have an Open Now or affiliate link on CD Valet. Visit our Privacy and Disclosure Center to read related disclosures and policies of CD Valet and its partners.

scrollLogo