Quick Answer
CD Valet is a free rate-comparison tool that aggregates CD rates daily from thousands of FDIC-insured banks and NCUA credit unions across all 50 states. It's the best tool for finding the highest CD rate you can actually get — not just the national chains, but credit unions and community banks that typically pay more. WalletGrower uses CD Valet as our #1 data source for all CD rate content.
What Is CD Valet?
CD Valet is a free online tool that tracks certificate of deposit (CD) rates from thousands of financial institutions across the United States, updated daily. Unlike most rate-comparison sites that focus on national banks and a handful of online lenders, CD Valet pulls data directly from FDIC-insured banks and NCUA-insured credit unions — institutions that routinely pay significantly higher rates than their nationally-advertised counterparts.
The platform was built around a simple insight: the best CD rates are often at institutions you've never heard of. A credit union in your state might offer 5%+ APY while your local bank pays 0.50%. CD Valet surfaces those rates in one place.
How CD Valet Works
CD Valet pulls rate data directly from institution websites and disclosure pages — not from user submissions or estimates. Rates update daily, so what you see reflects current published rates, not month-old data.
Live Tool - Updated Daily
CD Valet Best Rates by State
Find the best CD rate available in your state right now, from thousands of FDIC and NCUA institutions.
Interactive map provided by CD Valet.
What We Like About CD Valet
- Breadth of coverage: Most rate-comparison sites cover 20-50 institutions. CD Valet tracks thousands, including credit unions and community banks that offer the highest rates but get zero media coverage.
- Daily updates: Rates are pulled directly from institution pages, not aggregated from weekly surveys. This matters when the Fed moves rates.
- State-level filtering: You can see rates by state, useful because many credit unions restrict membership to state residents or specific employer groups.
- No bias toward partners: CD Valet surfaces the best rates regardless of referral relationships.
- FDIC and NCUA both covered: Banks and credit unions side by side.
What to Know Before You Use It
- Membership requirements: Many credit unions require membership eligibility. CD Valet shows the rate but you will need to confirm you qualify before applying.
- Rates change daily: Always confirm the current rate directly with the institution before opening an account.
- CD-only: CD Valet covers certificates of deposit only, not HYSAs or money market accounts.
How WalletGrower Uses CD Valet
WalletGrower uses CD Valet as our primary data source for all CD rate content. When you see a rate claim on our Best CD Rates page, that rate has been verified via CD Valet's daily-updated database, then cross-referenced against the institution's own disclosure page before we publish it.
We chose CD Valet as our primary source specifically because it covers credit unions and because their data updates daily.
Best CD Rates Right Now via CD Valet
Based on CD Valet data as of July 2026:
| Term | Top APY | Notes |
|---|---|---|
| 6-Month | 4.50% APY | Multiple institutions, $500 min |
| 12-Month | 5.09% APY | Golden Valley FCU, $500 min |
| 18-Month | 5.00% APY | Birmingham City CU |
APYs are for qualified members. Confirm current rates before applying. Rates subject to change.
Bottom Line
CD Valet is the best free tool for finding CD rates. It covers far more institutions than any other rate aggregator, updates daily, and doesn't appear to favor partner institutions. If you're shopping for a CD, start here.
Who should use it: Anyone shopping for a CD, especially if you're open to credit unions or community banks that pay more than national chains.
Frequently Asked Questions
Is CD Valet free to use?
Yes, completely free with no account required.
How often does CD Valet update its rates?
Daily, pulled directly from institution websites and disclosure pages.
Does CD Valet cover credit unions?
Yes. This is one of CD Valet's key differentiators. They track both FDIC-insured banks and NCUA-insured credit unions.
Can I open a CD directly through CD Valet?
No. CD Valet is a comparison tool. You apply directly with the institution.
Is my money safe in a credit union CD?
Yes. NCUA-insured credit union CDs carry the same $250,000 per-depositor federal protection as FDIC-insured bank CDs.
WalletGrower uses CD Valet as a data source. We may earn a commission on affiliate products linked on this page. Rates are subject to change. Updated July 2, 2026.