Best CD Rates
A Certificate of Deposit (CD) is a type of bank account that holds a fixed amount of money for a fixed term and offers higher interest rate than most savings or money market accounts. If you are looking for a reliable and secure way to see your money grow, a CD could be right for you. Here is a list of the best CD rates in the United States. Annual percentage yield (APY) and interest rates are accurate as of June 2023. Rates are subject to change at any time without notice.
Sallie Mae Bank CD Rates
4.00% - 5.00% APY, $2,500 min deposit, $0 monthly fees
Sallie Mae Bank, located in Murray, Utah, operates as a division of SLM Corporation. It offers one of the highest CD rates in the nation, ranging from 4.00% to 5.00% for terms 6 months - 60 months. Minimum balance to open account is $2,500. Sallie Mae was named one of the top online banks as well as one of the best savings accounts, money market accounts and CDs by GOBankingRates.
| CD Term | Annual Percentage Yield (APY) |
| 6 months | 4.00% |
| 9 months | 4.10% |
| 11 months | 4.20% |
| 12 months | 4.90% |
| 13 months | 4.60% |
| 15 months | 4.95% |
| 18 months | 5.00% |
| 2 years | 4.65% |
| 30 months | 4.00% |
| 3 years | 4.00% |
| 5 years | 4.00% |
Citizens Access CD Rates
3.30% - 5.00% APY, $5,000 minimum balance
Citizens Access is an online division of Citizens Bank N.A. (formerly RBS Citizens), one of the 15 largest U.S. retail banks with over $226 billion in assets and 18,500 employees. It offers competitive CD rates, ranging from 3.30% to 5.00% for terms 1 year - 5 years. $5,000 is a minimum balance to earn APY. All CD accounts are insured by FDIC. The Bank is located in Providence, Rhode Island.
| CD Term | Annual Percentage Yield (APY) |
| 1 year | 5.00% |
| 2 years | 3.30% |
| 3 years | 3.35% |
| 4 years | 3.40% |
| 5 years | 3.45% |
Synchrony Bank CD Rates
2.25% - 5.00% APY, No minimum balance
Synchrony Bank, a subsidiary of Synchrony Financial, is one of the most prominent internet banks in the United States. It offers some of the best CD rates without monthly service fees and terms from three months to 60 months.
| CD Term | Annual Percentage Yield (APY) |
| 3 months | 2.25% |
| 6 months | 5.00% |
| 1 year | 4.75% |
| 13 months | 4.90% |
| 2 years | 4.30% |
| 3 years | 4.30% |
| 4 years | 4.00% |
| 5 years | 4.00% |
TIAA Bank CD Rates
3.95% - 4.75% APY, $1,000 minimum deposit
TIAA Bank is a banking platform of Teachers Insurance and Annuity Association of America, provides high yield CDs (Yield Pledge CDs) in a range of terms from 3 months to 5 years. The Bank does not charge ATM fees. The company is headquartered in Jacksonville, Florida. Selected as a best CD account of 2023 for impressive rates and convenient online banking by GOBankingRates.
| CD Term | Annual Percentage Yield (APY) |
| 3 months | 4.00% |
| 6 months | 4.00% |
| 9 months | 4.35% |
| 1 year | 4.75% |
| 2 years | 4.40% |
| 3 years | 4.10% |
| 4 years | 4.05% |
| 5 years | 3.95% |
First Internet Bank CD Rates
3.04% - 5.06% APY, $1,000 minimum deposit, No Fees
First Internet Bank of Indiana, offers a high-yield certificate of deposit without maintenance fees. CDs are FDIC insured. It also offers savings, money market and checking accounts, individual retirement accounts (IRAs) and accounts for kids. It has been awarded as one of the Best Banks to Work For in a nationwide ranking by American Banker.
| CD Term | Annual Percentage Yield (APY) | Early Withdrawal Penalties |
| 3 months | 3.04% | 90 days interest |
| 6 months | 4.91% | 180 days interest |
| 1 year | 5.06% | 180 days interest |
| 2 years | 4.70% | 360 days interest |
| 3 years | 4.54% | 360 days interest |
| 4 years | 4.54% | 360 days interest |
| 5 years | 4.49% | 360 days interest |
Popular Direct CD Rates
4.10% - 5.07% APY, $10,000 minimum deposit
Popular Direct is an online banking platform of Popular Bank, a member of the Federal Deposit Insurance Corporation (FDIC). It offers some of the best CD interest rates with minimum deposit of $10,000 on all balance tiers. Annual percentage yield rates set weekly. The Corporate headquarters is located at 85 Broad Street, New York, NY.
| CD Term | Annual Percentage Yield (APY) |
| 3 months | 4.10% |
| 6 months | 4.85% |
| 1 year | 5.07% |
| 2 years | 4.60% |
| 3 years | 4.45% |
| 4 years | 4.30% |
| 5 years | 4.50% |
Discover Bank CD Rates
2.00% - 4.50% APY, $2,500 minimum deposit
Discover Bank high-yield CD account let you earn high-interest returns. Minimum deposit to open each CD is $2,500. CDs range between 3 months and 10 years. Certificates of Deposit have a penalty if you withdraw before your maturity date. Discover, based in Greenwood, Delaware, is one the leading digital banks and payments services companies.
| CD Term | Annual Percentage Yield (APY) |
| 3 months | 2.00% |
| 6 months | 3.40% |
| 9 months | 3.50% |
| 1 year | 4.50% |
| 2 years | 4.30% |
| 3 years | 4.30% |
| 4 years | 4.10% |
| 5 years | 4.10% |
| 7 years | 4.10% |
| 10 years | 4.10% |
Barclays Bank CD Rates, 4.30% - 4.90% APY, $0 minimum deposit
Barclays Bank Delaware, located in Wilmington, offers one of best online CDs with no hidden monthly fees or minimum balances to open. It also offers personal loans, online savings accounts as well as consumer and business credit cards through its division Barclaycard US.
Current high-yield CD rates
| CD Term | Annual Percentage Yield (APY) |
| 1 year | 4.90% |
| 1.5 year | 4.80% |
| 2 years | 4.60% |
| 3 years | 4.30% |
| 4 years | 4.40% |
| 5 years | 4.50% |
Capital One Bank CD Rates
3.30% - 4.30% APY, $0 minimum deposit to open
Capital One Bank offer high yield online CD savings accounts with one of the highest interest rates in the nation. The accounts have no monthly fees and minimum balance. All accounts are fully insured up to $250K per holder.
Current high-yield CD rates
| CD Term | Annual Percentage Yield (APY) |
| 6 months | 3.30% |
| 1 year | 4.15% |
| 2 years | 4.30% |
| 3 years | 4.30% |
| 4 years | 4.20% |
| 5 years | 4.10% |
Marcus by Goldman Sachs CD Rates
3.70% - 4.75% APY, $500 minimum balance
Marcus by Goldman Sachs offers high-yield certificates of deposit from six months to six years with a great CD rates. Minimum deposit amount to open an account is $500. Marcus also offers Rate Bump CD and no-penalty CDs. All deposits and loan products are provided by Goldman Sachs Bank.
Current high-yield CD rates
| CD Term | Annual Percentage Yield (APY) |
| 6 months | 4.25% |
| 1 year | 4.75% |
| 2 years | 4.35% |
| 3 years | 4.30% |
| 4 years | 4.00% |
| 5 years | 3.80% |
| 6 years | 3.70% |
USALLIANCE Financial CD Rates
0.75% - 5.25%, $500 minimum balance required
USAlliance Financial is a full-service not-for-profit financial institution and federal credit union, offering a range of market leading CD rates. CD terms range from three months to 60 months. It serves over 136,000 customers comprising IBM, PepsiCo and American Express employees. The members have access to over 30,000 surcharge-free ATMs nationwide. The credit union’s mobile banking is recognized as one of the best in the industry.
| CD Term | Annual Percentage Yield (APY) |
| 3 months | 0.75% |
| 6 months | 1.00% |
| 9 months * | 5.10% |
| 12 Months * | 5.00% |
| 18 Months * | 5.25% |
| 2 years * | 4.85% |
| 3 years * | 3.40% |
| 4 years | 3.40% |
| 5 years | 3.40% |
* Promotional rates
Alliant Credit Union CD Rates
4.30% - 5.00% APY, $1,000 minimum deposit
Alliant Credit Union offers high-yield CDs with terms from three months to five years. Based in Chicago, it is the largest credit union in Illinois and one of the largest in the United States. The credit union was founded in 1935 by a group of United Airlines employees and today has $14 billion in deposits, $15 billion in loans and over 700,000 members nationwide.
| CD Term | Annual Percentage Yield (APY) |
| 3 months | 4.50% |
| 6 months | 4.75% |
| 12 months | 5.00% |
| 24 months | 4.45% |
| 36 months | 4.45% |
| 48 months | 4.30% |
| 60 months | 4.35% |
Apple Bank CD Rates
3.50% - 4.75% APY, $1,000 minimum depositt
Website: www.applebank.com
Apple Bank for Savings, based in Manhasset, is one of the 10 largest banks in the state of New York. With more than 1,300 employees, it maintains 85 branch locations in Manhattan, Bronx, Westchester, Staten Island, Queens, Rockland, Brooklyn, Suffolk, Nassau and New Jersey.
| CD Term | Annual Percentage Yield (APY) |
| 3 months | 4.75% |
| 6 months | 3.50% |
| 1 year | 4.00% |
| 2 years | 3.50% |
| 3 years | 3.50% |
| 4 years | 3.50% |
| 5 years | 3.50% |
Pentagon Federal Credit Union CD Rates
2.70% - 4.70% APY, $1,000 minimum amount to open
Pentagon Federal Credit Union is the third-largest credit union in the U.S., serving over 2.5 million members in all 50 states and the District of Columbia. It has branches in Virginia, Washington, North Carolina, Texas, Georgia, Pennsylvania, Maryland, New Mexico, Florida, New York, Tennessee, Hawaii, Nebraska, California, Kentucky, Puerto Rico, Portugal, Guam and Japan. PenFed offers one of the best CD rates in the country.
| CD Term | Annual Percentage Yield (APY) |
| 6 Months | 2.70% |
| 1 Year | 4.60% |
| 15 Months | 4.65% |
| 18 Months | 4.70% |
| 2 Years | 4.45% |
| 3 Years | 4.10% |
| 4 Years | 3.90% |
| 5 Years | 3.90% |
| 7 Years | 3.80% |
Vio Bank CD Rates
2.75% - 5.05% APY, $500 minimum deposit
Vio Bank is an online subsidiary of MidFirst Bank, one of the best privately owned banking institutions in America. It offers competitive high yield online CDs ranging from six months to ten years. Minimum deposit to open each CD is only $500. CDs are great for investments and retirement savings. Vio also offers one of the best online savings accounts.
| CD Term | Annual Percentage Yield (APY) |
| 6 months | 5.05% |
| 9 months | 4.75% |
| 1 year | 4.65% |
| 18 months | 4.50% |
| 2 years | 3.50% |
| 3 years | 3.50% |
| 4 years | 2.75% |
| 5 years | 2.75% |
| 7 years | 2.75% |
| 10 years | 2.75% |