CD Rates at Banks on 6 Month CDs: Best APY at 0.90%

The current FDIC national average 6 month CD rate is a paltry 0.18 percent. The national average jumbo CD rate isn't much better at 0.19 percent. You can find 6 month CD rates at banks higher than these averages and some banks are offering 6 month rates higher than most 12 month bank CD rates.