Bank CD Rates on 1 Year Certificates of Deposit: Highest CD Rates at 1.09%

Average 1 year CD rates are nothing to write home about these days. The FDIC's national 1 year bank CD rates are averaging 0.27 percent. Bankrate's national average is considerably higher at 0.71 percent. Thankfully the best CD rates on 1 year certificates of deposit are higher than both averages.Right now three banks are offering the highest 1 year CD rates on our rate list. CIT Bank CD rates, Doral Bank CD rates and Bank Of Internet CD Rates on 1 year certificates of deposit are all at 1.09 percent with an APY of 1.10 percent.CIT Bank and Doral Bank were at the top of our rate list but Bank of Internet recently increased their 1 year CD rates which catapulted them to the top tying with CIT Bank and Doral Bank for the best CD rate.


The second highest CD rate on our list is from MetLife Bank. The bank is currently offering 1 year bank CD rates at 1.04 percent with an APY of 1.05 percent. The third best CD rate on our list belongs to Ally Bank. Current Ally Bank CD rates on 1 year certificates of deposit are at 1.03 percent with an APY of 1.04 percent. Ally Bank 1 year CD rates were also recently raised.

Highest CD Rates on 1 Year Certificates of Deposit

• CIT Bank CD Rates 1.09% APY 1.10%
• Bank of Internet USA CD Rates 1.09% APY 1.10%
• Doral Bank CD Interest Rates 1.09% APY 1.10%
• MetLife Bank CD rates at Banks 1.04% APY 1.10%
• Ally Bank CD rates 1.03% APY 1.04%
• EH National Bank Rates 1.03% APY 1.03%
• AloStar Bank of Commerce Rates 1.00% APY 1.01%
• ableBanking CD Interest Rates 1.00% APY 1.00%
• Ascencia, a div. of PBI Bank CD Rates 0.95% APY 0.95%
• California First National Bank Rates 0.93% APY 0.93%
• Discover Bank CD Rates 0.90% APY 0.90%
• AIG Bank CD Rates 0.90% APY 0.90%
• Barclays Bank CD Rates 0.90% APY 0.90%

To get the best CD rates at banks for any certificate of deposit term you can search our rate lists below. Rates are updated daily so check back with us for the most current CD rates available.