Bank Of America Cd Rates 2024 Chart Highest. A certificate of deposit typically earns higher interest than a traditional savings account. The national average rate was 1.32% as of august 20, 2024, the latest data available, up one basis point from the.

We created the charts and supported our analysis using historical cd rate data from the federal deposit insurance corporation, aka fdic, and. In addition to choosing a cd based on apy, consider the minimum deposit requirement.