Where to get the best 10-year CD rate Right now, the highest rate available on a 10-year CD is 3.90% APY at First National Bank of America, with a $1,000 minimum deposit. Trends from 4-year and 5-year CD rates can help provide context for 10-year CD rates. The Fed has cut rates a few times in 2024 and 2025, which has caused slight declines in CD rates overall, but there’s also been long periods of time where the Fed has maintained rates.