What were CD rates in 2012?
Historical CD rates
| 3-month CD | 5-year CD | |
|---|---|---|
| January 2012 | 0.14% | 1.22% |
| July 2012 | 0.12% | 1.06% |
| January 2013 | 0.09% | 0.84% |
| July 2013 | 0.08% | 0.74% |
What were the highest CD rates ever?
The10 highest CD rates in history are as follows:
- 16.487 % in September 1981.
- 16.424 % in November 1981.
- 16.024 % in August 1981.
- 15.911 % in December 1981.
- 15.509 % in February 1982.
- 15.491 % in March 1982.
- 15.438 % in April 1982.
- 15.065 % in May 1982.
What was the savings interest rate in 2012?
Historical savings account interest rates
| Date | Interest rate |
|---|---|
| January 2012 | 0.11% |
| July 2012 | 0.09% |
| January 2013 | 0.07% |
| July 2013 | 0.06% |
What was the average interest rate on a savings account in 2011?
0.17%
Historical National Savings Rate Averages (<$100,000)
| Date | National average (APY) |
|---|---|
| January 7, 2013 | 0.07% |
| January 2, 2012 | 0.11% |
| January 2, 2011 | 0.17% |
| January 4, 2010 | 0.21% |
What will 5 year CD rates be in 2023?
Online savings account and CD rates in 2022 and 2023 For scenario #2, that’s between 3.25% and 3.50% by the end of 2023. In 2018, the highest nationally available CD rates were generally in the low 4% range. One example is the 4% APY 5-year CD at Connexus Credit Union.
Will CD rates increase in 2021?
CD rates should stay low in 2021 Online banks typically pay higher interest rates on CDs than national brick-and-mortar banks. Online CD rates went down in 2020, but they probably won’t decrease much more in 2021, because they need to pay higher rates to compete with large banks like Chase or Bank of America.