In comparison, the average rate for a 1-year CD in the U.S. is 1.83% APY (Annual Percentage Yield) according to the FDIC. 4.00% $0 The best online banks and credit unions currently pay over 4.45% ...

meaning better CD rates become available to customers who shop around. Absent the physical overhead and large marketing budgets of brick-and-mortar banks, online banks tend to often offer higher ...