Limelight Bank 1 Year Online CD: 5.60% APY.BMO Alto 1 Year High Yield CD: 5.65% APY.Here are our recommendations for the best 1-year CDs. We check rates daily to find the best rates for 1-year terms. If you are looking for additional CD options, there are other financial institutions with high 1-year CD rates, too. The best CD rate on a 1-year CD is 6.00% APY from City Credit Union. However, the best online banks pay well over 5% APY on a 1-year CD. The average rate for a 1-year CD in the US is 1.85% APY (Annual Percentage Yield).
