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.
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!
 CIT Bank is offering a competitive rate of up to 0.50% APY. To sign up with CIT Bank, you are only required to be at least 18 years old and be a U.S. citizen. In addition, be sure to have a check or bank account number to electronically transfer money into your new CD account. With a wide range of CD lengths, you get to choose which account fits you the best! If you are interested, then head over and sign up for a CD account to start earning! Sign Up Now--- CIT Bank CD Review |
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 CD Accounts | ||||
|---|---|---|---|---|
| Account | Minimum | APY | ||
 | CIT Bank 12-Month CD Account | $1,000 | 0.30% |
Best 6-Month CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| CommunityWide Federal Credit Union | 0.90% | $1k | --- | 6-Month CD | Review |
| Veridian Credit Union | 0.85% | $100k | --- | 7-Month CD | Review |
| Quontic Bank | 0.85% | $500 | --- | 6-Month CD | Review |
| La Capitol Federal Credit Union | 0.70% | $2.5k | --- | 6-Month CD | Review |
| LaFayette Federal Credit Union | 0.70% | $500 | --- | 7-Month Fixed CD | Review |
| Northrop Grumman Federal Credit Union | 0.62% | $40k | --- | 6-Month Bonus Term CD | Review |
| iGObanking | 0.60% | $1k | --- | 6-Month CD | Review |
| Spectrum Credit Union | 0.60% | $500 | --- | 6-Month Jumbo CD | Review |
| Pen Air Federal Credit Union | 0.55% | $500 | --- | 6-Month CD | Review |
| Paramount Bank | 0.50% | $1K | --- | 6-Month CD | Review |
Best 9-Month CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| GreenState Credit Union | 0.80% | $1k | --- | 8-Month CD Special | Review |
| Consumers Credit Union | 0.75% | $250k | --- | 9-Month Super-Jumbo CD | Review |
| NASA Federal Credit Union | 0.75% | $10k | --- | 9-Month CD | Review |
| Pawtucket Credit Union | 0.60% | $1,000 | --- | 8-Month CD | Review |
| Spectrum Credit Union | 0.60% | $500 | --- | 9-Month CD | Review |
| TAB Bank | 0.50% | $1k | --- | 9-Month CD | Review |
| USALLIANCE Financial | 0.50% | $500 | --- | 9-Month CD | Review |
Best 1-Year CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| American Heritage Federal Credit Union | 1.15% | $500 | --- | 11-Month CD | Review |
| ParkeBank | 1.01% | $500 | --- | 12-Month CD Special | Review |
| Langley Federal Credit Union | 1.00% | $1K | --- | 15-Month CD Special | Review |
| Communitywide Federal Credit Union | 0.90% | $1k | --- | 12-Month CD | Review |
| Credit Union of Denver | 0.90% | $5k | --- | 13-Month CD | Review |
| Quontic Bank | 0.90% | $500 | --- | 12-Month CD | Review |
| Evansville Teachers Federal Credit Union | 0.85% | $1k | --- | 14-Month CD | Review |
| Hiway Federal Credit Union | 0.85% | $25k | --- | 12-23 Month CD | Review |
| Bank of Baroda | 0.80% | $1K | --- | 12-Month CD | Review |
| LaFayette Federal Credit Union | 0.80% | $500 | --- | 12-Month CD | Review |
| Northrop Grumman Federal Credit Union | 0.79% | $40K | --- | 12-Month CD | Review |
| Paramount Bank | 0.75% | $1K | --- | 12-Month CD | Review |
| iGobanking | 0.60% | $1K | --- | 12-Month CD | Review |
| Total Direct Bank | 0.50% | $25K | --- | 12-Month CD | Review |
Best 18-Month CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Lafayette Federal Credit Union | 1.86% | $500 | --- | 20-Month CD Special | Review |
| American Heritage Federal Credit Union | 1.02% | $500 | --- | 20-Month CD Special | Review |
| Consumer Credit Union | 1.00% | $250K | --- | 20-Month Super Jumbo CD Special | Review |
| Communitywide Federal Credit Union | 0.90% | $1k | --- | 18-Month CD | Review |
| Consumers Credit Union | 0.90% | $250k | --- | 20-Month Super Jumbo CD | Review |
| Evansville Teachers Credit Union | 0.90% | $1k | --- | 18-Month CD | Review |
| GreenState Credit Union | 0.85% | $1,000 | --- | 18-Month CD | Review |
| INSBANK | 0.85% | $2,500 | --- | 18-Month CD | Review |
| Greenwood Credit Union | 0.85% | $1k | --- | 15-Month CD | Review |
| MutualOne Bank | 0.75% | $500 | --- | 18-Month CD | Review |
| Paramount Bank | 0.75% | $1k | --- | 18-Month CD | Review |
| USALLIANCE Financial Federal Credit Union | 0.70% | $1k | --- | 18-Month CD | Review |
| Merrick Bank | 0.55% | $25k | --- | 18-Month CD | Review |
| Rising Bank | 0.50% | $5k | --- | 18-Month CD | Review |
Best 2-Year CD Rates – Nationwide
| Bank/Credit Union | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Superior Choice Credit Union | 1.05% | $100k | --- | 24-Month CD | Review |
| Evansville Teachers Federal Credit Union | 1.04% | $1k | --- | 24-Month CD | Review |
| Georgia's Own Credit Union | 1.00% | $500 | --- | 24-Month CD | Review |
| INSBANK Online | 0.95% | $2.5k | --- | 24-Month CD | Review |
| Quontic Bank | 0.95% | $500 | --- | 24-Month CD | Review |
| Wings Financial Credit Union | 0.95% | $250k | --- | 24-Month CD | Review |
| Barksdale Federal Credit Union | 0.90% | $1,000 | --- | 24-Month CD | Review |
| Communitywide Federal Credit Union | 0.90% | $1k | --- | 24-Month CD | Review |
| Pen Air Federal Credit Union | 0.90% | $500 | --- | 24-Month CD | Review |
| Pen Air Federal Credit Union | 0.70% | $2,500 | --- | 24-Month CD | Review |
| Merrick Bank ="_blank" rel="noopener noreferrer">Pen Air Federal Credit Union | 0.60% | $25k | --- | 24-Month CD | Review |
Best 3-Year CD Rates – Nationwide
| Bank/Credit Union | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Evansville Teachers Federal Credit Union | 1.15% | $1k | --- | 36-Month CD | Review |
| Ideal Credit Union | 1.11% | $70k | --- | 36-Month CD | Review |
| Keesler Federal Credit Union | 1.11% | $100k | --- | 30-Month Jumbo Step CD | Review |
| Wings Financial Credit Union | 1.11% | $250k | --- | 36-Month CD | Review |
| Barksdale Federal Credit Union | 1.10% | $1,000 | --- | 36-Month CD | Review |
| Georgia's Own Credit Union | 1.10% | $500 | --- | 36-Month CD | Review |
| Hiway Federal Credit Union | 1.10% | $25k | --- | 36-47 Month CD | Review |
| Northrop Grumman Federal Credit Union | 1.05% | $40k | --- | 36-Month Bonus Term CD | Review |
| Pen Air Federal Credit Union | 1.05% | $500 | --- | 36-Month CD | Review |
| INSBANK | 1.00% | $2,500 | --- | 30-Month CD | Review |
| First Internet Bank | 0.81% | $1K | --- | 36-Month CD | Review |
| Rising Bank | 0.60% | $5K | --- | 36-Month CD | Review |
Best 4-Year CD Rates – Nationwide
| Bank/Credit Union | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| NASA Federal Credit Union | 1.50% | $10k | --- | 49-Month CD | Review |
| Ideal Credit Union | 1.21% | $70k | --- | 48-Month CD | Review |
| Wings Financial Credit Union | 1.21% | $250k | --- | 48-Month CD | Review |
| Barksdale Federal Credit Union | 1.20% | $1k | --- | 48-Month CD | Review |
| Evansville Teachers Federal Credit Union | 1.20% | $1k | --- | 48-Month CD | Review |
| Georgia's Own Credit Union | 1.20% | $500 | --- | 48-Month CD | Review |
| Hiway Federal Credit Union | 1.20% | $25k | --- | 48-Month CD | Review |
| Hyperion Bank | 1.20% | $500 | --- | 48-Month CD | Review |
| Pen Air Federal Credit Union | 1.15% | $1k | --- | 48-Month CD | Review |
| Primary Bank | 1.04% | $1k | --- | 48-Month CD | Review |
| Blue Federal Credit Union | 0.90% | $2k | --- | 48-Month CD | Review |
Best 5-Year CD Rates – Nationwide
| Bank/Credit Union | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| Generations Credit Union | 1.70% | $500 | $50k | 60-Month CD | Review |
| Barksdale Federal Credit Union | 1.45% | $1k | --- | 60-Month CD | Review |
| Wings Financial Credit Union | 1.41% | $250k | --- | 60-Month CD | Review |
| ParkeBank | 1.34% | $500 | --- | 60-Month CD | Review |
| Service Credit Union | 1.30% | $500 | --- | 60-Month CD | Review |
| TruStone Financial Credit Union | 1.24% | $500 | --- | 60-Month CD | Review |
| Georgia's Own Credit Union | 1.20% | $500 | --- | 60-Month CD | Review |
| Primary Bank | 1.15% | $1k | --- | 60-Month CD | Review |
| Blue Federal Credit Union | 1.00% | $2k | --- | 60-Month CD | Review |
| Hyperion Bank | 1.00% | $500 | --- | 60-Month CD | Review |
| DollarSavingsDirect | 0.50% | $1K | --- | 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!
| BONUS LINK | OFFER | REVIEW |
| Chase Business Complete BankingSM | $300 Cash | Review |
| Bank of America Checking | $100 Offer | Review |
| HSBC Premier Checking Member FDIC | $450 Cash | Review |
| HSBC Premier Checking Member FDIC | Up To $600 | Review |
| BBVA Free Checking + Savings | $250 Cash | Review |
| Aspiration | $100 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Huntington 25 Checking | $300 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| Axos Bank Basic Business Checking | $100 Cash | Review |
| Ally Invest | Up to $3,000 Cash | Review |
| BlockFi | Up To $250 BTC | Review |
| Discover Bank Cashback Debit | $360 Debit Cashback | Review |
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!