National interest rates
Five-year charts of the national average rates the FDIC publishes for CDs and savings accounts, alongside Treasury yields and the federal funds rate. Data updates automatically from the Federal Reserve Bank of St. Louis (FRED).
Why the gap? National averages are weighted toward large banks that pay little on deposits. When Treasury yields are far above the savings average, high-yield savings accounts, CDs, or Treasury bills (via TreasuryDirect) may earn more. Treasuries are backed by the U.S. government but are not FDIC-insured deposits.
National average 12-month CD rate
National average savings account rate
3-month U.S. Treasury bill yield
10-year U.S. Treasury yield
How to read these rates
- APY (annual percentage yield) includes compounding — use it to compare accounts.
- CDs lock your money for a term; early withdrawals usually cost a penalty.
- Fed funds rate changes usually show up in savings and CD rates within weeks to months.
Sources: FDIC National Rates and Rate Caps; U.S. Treasury constant-maturity yields; Board of Governors of the Federal Reserve System — all retrieved via FRED®, Federal Reserve Bank of St. Louis. Not financial advice.