Novel joint motion-compensated interpolation using eight-neighbor block motion vectors (8J-MCI) is presented. The proposed method uses bi-directional motion estimation (BME) to obtain the motion vector field of the interpolated frame and adopts motion vectors of the interpolated block and its 8-neighbor blocks to jointly predict the target block. Since the smoothness of the motion vector filed makes the motion vectors of 8-neighbor blocks quite close to the true motion vector of the interpolated block, the proposed algorithm has the better fault-tolerancy than traditional ones. Experiments show that the proposed algorithm outperforms the motion-aligned auto-regressive algorithm (MAAR, one of the state-of-the-art frame rate up-conversion (FRUC) schemes) in terms of the average PSNR for the test image sequence and offers better subjective visual quality.