Find the best CD Rates here! Those who are looking for the highest interest rates may want to consider opening a Certificate of Deposit (CD) account. Certificate of Deposit accounts often pay a much higher interest rate than a standard savings account. Unfortunately, enjoying higher interest rates does come with a cost.
Many CD accounts restrict access to your funds during the CD terms, often between 3 months to 5 years. If you take your money out before the end of the CD term (also known as the maturity date), you’ll often pay a penalty, perhaps even forfeiting a part of the interest you’ve earned. Though, this depends on the bank’s policy.
The best thing about a CD account is that they are low maintenance. Just store your money into an account, and your rate is generally locked in for the period of time you choose. Then, watch your interest grow.
You must keep up with when your CD matures because most banks will automatically renew the CD at the end of the term. Make sure to create a reminder. You’ll only have a short period of time to cancel your account after the term is over.
If you’re worried about the safety of keeping your money in an account for too long, don’t worry. CD accounts are insured, up to $250,000 per account. For banks, they’re FDIC insured and for credit unions, they’re NCUA insured.
| Certificates of Deposit are going to give you the best return on your savings when investing with banks, so compare to the following: CIT 13-Month CD (3.50% APY), CIT 11-Month No-Penalty CD (2.75% APY), Discover Bank CD (Up to 3.30% APY), Citizens Access (Up to 3.00% APY), mph.bank (3.10% APY 15-Month CD), SkyOne Federal Credit Union (3.00% APY 18-Month CD), Quontic Bank (Up to 3.20% APY), Axiom Bank 7-Month CD (2.70% APY), Axiom Bank 24-Month CD (4.00% APY). |
Table of Contents
- 1 Choosing a Term Length
- 2 Finding the Best CD Accounts
- 3 Best 6-Month CD Rates – Nationwide
- 4 Best 9-Month CD Rates – Nationwide
- 5 Best 1-Year CD Rates – Nationwide
- 6 Best 18-Month CD Rates – Nationwide
- 7 Best 2-Year CD Rates – Nationwide
- 8 Best 3-Year CD Rates – Nationwide
- 9 Best 4-Year CD Rates – Nationwide
- 10 Best 5-Year CD Rates – Nationwide
Choosing a Term Length
Banks offer a variety of CD term lengths for you to choose from. They can go from as short as 30 days to as long as 10 years. However, most banks offer standard term lengths from 6 months to 5 years. Choosing the appropriate amount of time to store your money is up to you to decide.
First, you must determine what minimum balance requirement you’re able to meet. Banks generally have a minimum balance required to earn the listed Annual Percentage Yield (APY). For example, if you plan on depositing $500, you’ll qualify for every CD account that has no minimum balance requirement to those with a $500 requirement.
Then, choose your CD term. Usually, the longer your CD term is, the higher rates you’ll earn because banks like it when you keep your money with them. Though, this isn’t always the case. Some banks offer special rates for a limited time. For example, you may earn a better rate with a 12-month term as opposed to a 5-year term.
No matter what term length you choose, make sure you won’t need access to for the entire CD term to take advantage of the best CD rates. Otherwise, if you withdraw your funds early, you’ll incur an early withdrawal fee.
Finding the Best CD Accounts
Not all banks will offer you the best CD rates for your money. In fact, many traditional brick-and-mortar banks and popular name-brand banks will offer you the worst rates. With all the overhead costs they have to pay for, it’s difficult for them to offer customers competitive rates. Therefore, you can generally find the best rates from Credit Unions and Online Banks.
Below, we have compiled you a list of the best national and state/local CD rates for 6-month, 9-month, 1 year, 18-month, 2-year, 3-year, 4-year, and 5-year CD accounts! Our exclusive list has the most up-to-date and best national CD rates you will find on the web!
Editor’s Note: Rates are subject to change. Feel free to leave us a comment if you see any rates changed in any of the links below.
Looking for a specific term? See below for our list of the best CD rates in the following terms:
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 1-Year CD Rates
- Best 18-Month CD Rates
- Best 2-Year CD Rates
- Best 3-Year CD Rates
- Best 4-Year CD Rates
- Best 5-Year CD Rates
- Best No Penalty CDs
Best 6-Month CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Fidelity Brokered CD | 3.85% | $1K | --- | 6-month non-callable CD | Issued by BBUSA |
| The Vanguard Group Brokered CD | 3.80% | $1K | --- | 4 to 6-month non-callable CD | Issued by BBSSB |
| Lafayette Federal Credit Union | 3.29% | $500 | --- | 7-Month Fixed CD | Review |
| Communitywide Federal Credit Union | 3.25% | $1K | --- | 6-Month Term Share Certificate | Review |
| NASB | 2.99% | $5K | --- | 7-Month CD | Review |
| ConnectOne Bank | 2.85% | $500 | $1M | 7-Month Time Deposit | Review |
| My eBanc | 2.84% | $100K | --- | 6-Month Jumbo Online Time Deposit | Review |
| Merrick Bank | 2.80% | $25K | --- | 6-Month CD | Review |
| Barksdale Federal Credit Union | 2.78% | $1K | --- | 6-Month Certificate | Review |
| Live Oak Bank | 2.75% | $2.5K | --- | 6-Month CD | Review |
| TotalDirectBank | 2.75% | $25K | $25K | 6-Month CD | Review |
| Luana Savings Bank | 2.69% | $100K | --- | 6-Month Certificate Special | Review |
| Axiom Bank | 2.60% | $1 | --- | 7-Month CD | Review |
| Banesco USA | 2.55% | $1.5K | --- | 6-Month CD | Review |
Best 9-Month CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Fidelity Brokered CD | 3.95% | $1K | --- | 9-Month non-callable CD | Issued by ALLY, BBUSA, SANT |
| The Vanguard Group Brokered CD | 3.95% | $1K | --- | 7-9 Month non-callable CD | Issued by BMOH, SANT |
| NASA Federal Credit Union | 3.55% | $10K | --- | 9-Month Share Certificate Special | Review |
| Merrick Bank | 3.10% | $25K | --- | 9-Month High Yield CD | Review |
| TAB Bank | 3.05% | $1K | --- | 9-Month CD | Review |
| Sallie Mae Bank | 2.95% | $1 | --- | 10-Month No Penalty CD via SaveBetter | Review |
| mph.bank | 2.90% | $1 | --- | 10-Month High-Yield CD via SaveBetter | Review |
| CIT Bank | 2.75% | $1K | --- | 11-Month No-Penalty CD | Review |
| The State Exchange Bank | 2.75% | $1 | --- | 9-Month High-Yield CD via SaveBetter | Review |
| PSECU | 2.75% | $500 | --- | 9-Month CD | Review |
Best 1-Year CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Fidelity Brokered CD | 3.70% | $1K | --- | 12-Month non-callable CD | Issued by MSB, MSPB |
| The Vanguard Group Brokered CD | 3.70% | $1K | --- | 12-Month non-callable CD | Issued by MSB, MSPB |
| Rising Bank | 3.30% | $1K | --- | 12-Month CD | Review |
| State Bank of Texas (SBT) | 3.25% | $25K | $250K | 12-Month CD | Review |
| Connexus Credit Union | 3.21% | $5K | --- | 12-Month CD | Review |
| Lafayette Federal Credit Union | 3.14% | $500 | --- | 12-Month Fixed CD | Review |
| ConnectOne Bank | 3.10% | $500 | $1M | 13-Month CD | Review |
| CFG Bank | 3.05% | $500 | $250K | 12-Month CD | Review |
| Sallie Mae Bank | 3.05% | $1 | --- | 14-Month No-Penalty CD | Review |
| TotalDirectBank | 3.05% | $25K | $500K | 12-Month CD | Review |
| Banesco USA | 3.00% | $1.5K | --- | 12-Month CD | Review |
| Bread Financial | 3.00% | $1.5K | --- | 12-Month CD | Review |
| Credit One Bank, N.A. | 3.00% | $100K | --- | 13-Month Jumbo CD | Review |
| mph.bank | 3.00% | $1 | --- | 12-month High-Yield CD via SaveBetter | Review |
| Popular Direct | 3.00% | $10K | --- | 12-Month CD | Review |
| Spectrum Credit Union | 3.00% | $500 | --- | 12-Month CD | Review |
| Sun East Federal Credit Union | 3.00% | $500 | --- | 12-Month CD | Review |
| Barksdale Federal Credit Union | 2.99% | $1K | --- | 12-Month Certificate | Review |
| SkyOne Federal Credit Union | 2.85% | $1 | --- | 12-Month CD | Review |
| My e-BAnC | 2.79% | $5,000 | --- | 12-Month Online Time Deposit CD | Review |
| Patriot Bank | 2.75% | $1 | --- | 13-Month CD | Review |
| Citizens Access | 2.70% | $5,000 | --- | 12-Month CD | Review |
Best 18-Month CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| NASA Federal Credit Union | 3.75% | $10K | --- | 15-Month Share Certificate Special | Review |
| Fidelity Brokered CD | 3.75% | $1K | --- | 18-Month non-callable CD | Issued by MSB, MSPB |
| The Vanguard Group Brokered CD | 3.75% | $1K | --- | 18-Month non-callable CD | Issued by MSB, MSPB |
| USALLIANCE Financial Federal Credit Union | 3.50% | $500 | None | 18-Month Certificate Special | Review |
| La Capitol Federal Credit Union | 3.49% | $1K | None | 16-Month Share Certificate | Review |
| Bank5 Connect | 3.20% | $500 | $1M | 18-Month CD | Review |
| Langley Federal Credit Union | 3.20% | $500 | --- | 19-Month CD Special | Review |
| mph.bank | 3.20% | $1 | --- | 18-Month High-Yield CD via SaveBetter | Review |
| Rising Bank | 3.20% | $1K | --- | 18-Month CD | Review |
| Crescent Bank | 3.10% | $1K | --- | 18-Month CD | Review |
| mph.bank | 3.10% | $1 | --- | 15-Month High-Yield CD via SaveBetter | Review |
| Popular Direct | 3.05% | $10K | --- | 18-Month CD | Review |
| First Internet Bank | 3.04% | $1K | --- | 18-Month CD | Review |
| SkyOne Federal Credit Union | 3.00% | $1 | --- | 18-Month CD | Review |
| Agriculture Federal Credit Union | 3.00% | $250 | $100K | 16-Month Certificate | Review |
| Alliant Credit Union | 3.00% | $1K | --- | 18-Month Share CD | Review |
| CFG Bank | 3.00% | $500 | --- | 18-Month CD | Review |
| Limelight Bank | 3.00% | $1K | --- | 18-Month CD | Review |
| My e-BAnC | 2.99% | $5,000 | --- | 18-Month Online Time Deposit CD | Review |
| Credit One Bank, N.A. | 2.95% | $100K | --- | 18-Month Jumbo CD | Review |
| Live Oak Bank | 2.85% | $2.5K | --- | 18-Month CD | Review |
Best 2-Year CD Rates – Nationwide
| Bank/Credit Union | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Fidelity Brokered CD | 3.80% | $1K | --- | 24-Month Non-callable CD | Issued by MSB, MSPB |
| The Vanguard Group Brokered CD | 3.80% | $1K | --- | 24-Month Non-callable CD | Issued by COBNA, MSB, MSPB |
| La Capitol Federal Credit Union | 3.59% | $1K | None | 26-Month Share Certificate | Review |
| Bread Financial | 3.50% | $1,500 | --- | 24-Month CD | Review |
| Rising Bank | 3.45% | $1K | --- | 24-Month CD | Review |
| Connexus Credit Union | 3.41% | $5,000 | --- | 24-Month CD | Review |
| Crescent Bank | 3.40% | $1K | --- | 24-Month CD | Review |
| USALLIANCE Financial | 3.40% | $500 | --- | 24-Month CD | Review |
| ConnectOne Bank | 3.30% | $500 | $1M | 23-Month CD | Review |
| Lafayette Federal Credit Union | 3.29% | $500 | --- | 24-Month Fixed CD | Review |
| First Internet Bank | 3.20% | $1K | --- | 24-Month CD | Review |
| Merrick Bank | 3.20% | $25K | --- | 24-Month CD | Review |
| My e-BAnC | 3.20% | $5,000 | --- | 24-Month Online Time Deposit CD | Review |
| Consumers Credit Union | 3.20% | $250K | --- | 22-Month Super Jumbo CD Special | Review |
| Department of Commerce Federal Credit Union | 3.19% | $500 | --- | 24-Month CD | Review |
| Popular Direct | 3.10% | $10K | --- | 24-Month CD | Review |
| PenFed Credit Union | 3.10% | $1K | --- | 24-Month Money Market Certificate | Review |
| Barksdale Federal Credit Union | 3.04% | $1K | --- | 24-Month Certificate | Review |
| Genisys Credit Union | 3.03% | $500 | --- | 25-Month Share Certificate Special | Review |
Best 3-Year CD Rates – Nationwide
| Bank/Credit Union | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| The Vanguard Group Brokered CD | 3.85% | $1K | --- | 36-Month Non-callable CD | Issued by MSPB |
| Fidelity Brokered CD | 3.85% | $1K | --- | 36-Month Non-callable CD | Issued by MSPB |
| Bread Financial | 3.55% | $1,500 | --- | 36-Month CD | Review |
| My e-BAnC | 3.51% | $5,000 | --- | 36-Month Online Time Deposit CD | Review |
| CFG Bank | 3.50% | $500 | --- | 36-Month CD | Review |
| Crescent Bank | 3.50% | $1K | --- | 36-Month CD | Review |
| Quorum Federal Credit Union | 3.50% | $500 | --- | 30-Month CD | Review |
| Connexus Credit Union | 3.46% | $5K | --- | 36-Month Certificate | Review |
| Veridian Credit Union | 3.45% | $100K | --- | 41-Month Jumbo Bump-Up CD | Review |
| USALLIANCE Financial | 3.40% | $500 | --- | 36-Month Certificate Special | Review |
| Lafayette Federal Credit Union | 3.34% | $500 | --- | 36-Month Fixed CD | Review |
| Limelight Bank | 3.30% | $1K | --- | 36-Month CD | Review |
| Agriculture Federal Credit Union | 3.25% | $250 | $100K | 36-Month Certificate | Review |
Best 4-Year CD Rates – Nationwide
| Bank/Credit Union | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| NASA Federal Credit Union | 3.85% | $10K | --- | 49-Month Share Certificate Special | Review |
| Fidelity Brokered CD | 3.85% | $1K | --- | 48-Month Non-callable CD | Issued by COBNA |
| The Vanguard Group Brokered CD | 3.85% | $1K | --- | 48-Month Non-callable CD | Issued by COBNA |
| Bread Financial | 3.60% | $1,500 | --- | 48-Month Bread Savings CD | Review |
| Crescent Bank | 3.55% | $1K | --- | 48-Month CD | Review |
| Lafayette Federal Credit Union | 3.49% | $500 | --- | 48-Month Fixed CD | Review |
| USALLIANCE Financial | 3.40% | $500 | --- | 48-Month Certificate Special | Review |
| Luana Savings Bank | 3.35% | $100K | --- | 48-Month CD | Review |
| Department of Commerce Federal Credit Union | 3.31% | $500 | --- | 48-Month CD | Review |
| Popular Direct | 3.30% | $10K | --- | 48-Month CD | Review |
| First National Bank of America | 3.25% | $1K | --- | 48-Month CD | Review |
| Merrick Bank | 3.25% | $25K | --- | 48-Month CD | Review |
| State Bank of India | 3.24% | $25K | --- | 48-Month Senior Citizen CD | Review |
| Capital One | 3.15% | No min | --- | 48-Month 360 CD | Review |
Best 5-Year CD Rates – Nationwide
| Bank/Credit Union | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Fidelity Brokered CD | 3.90% | $1K | --- | 60-Month Non-callable CD | Issued by COBNA |
| The Vanguard Group Brokered CD | 3.90% | $1K | --- | 60-Month Non-callable CD | Issued by COBNA |
| Bread Financial | 3.65% | $1.5K | --- | 60-Month Bread Savings CD | Review |
| Lafayette Federal Credit Union | 3.64% | $500 | --- | 60-Month Fixed CD | Review |
| Crescent Bank | 3.60% | $1K | --- | 60-Month CD | Review |
| Credit One Bank, N.A. | 3.55% | $100K | --- | 60-Month Jumbo CD | Review |
| Service Credit Union | 3.50% | $500 | --- | 60-Month Share Certificate | Review |
| Synchrony Bank | 3.50% | No Min | --- | 60-Month CD | Review |
| CFG Bank | 3.40% | $500 | $250K | 60-Month CD | Review |
| Popular Direct | 3.40% | $10K | --- | 60-Month CD | Review |
| USALLIANCE Financial | 3.40% | $500 | --- | 60-Month Certificate | Review |
| Department of Commerce Federal Credit Union | 3.39% | $500 | --- | 60-Month CD | Review |
| State Bank of India | 3.35% | $25K | --- | 60-Month Senior Citizen CD | Review |
| M.Y. Safra Bank | 3.31% | $500 | --- | 60-Month CD | Review |
| AgFed Credit Union | 3.30% | $250 | --- | 60-Month Certificate | Review |
| Quontic Bank | 3.20% | $500 | --- | 60-Month CD | Review |
Other Bank Promotions You May Enjoy
Looking for other accounts banks offer? Check out our list of the best bank bonuses we’ve compiled, here on BankCheckingSavings. You can also find some of our helpful guides listed on there if you need any additional information.
Plus, if you’re interested in applying for a credit card, see our list of the best credit card promotions and their respective reviews to find the best one that suits your needs!
This is a helpful table of rates, thank you! Have you had much luck with cd ladders? I’m told it allows you to benefit from longer cd’s while still maintaining some liquidity….personally it sounds like a complicated headache!
Hello, this is the Digital Marketing Specialist for Georgia Banking Company; I have tried reaching you through various channels (contact form, Facebook, and leaving a comment) to inform you that your listed rates for our bank is not accurate. This page says that it was updated September 13th and still nothing had been changed. Please list accurate rates.
Thank you.
Holy Toedlo, so glad I clicked on this site first!