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 rates 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 nationwide as of August 5, 2019.

Citizens Access CD Rates
2.35% - 3.15% APY, $5,000 minimum deposit

Citizens Access is an online division of Citizens Bank, N.A. (formerly RBS Citizens), one of the 15 largest retail banks in the United States with 160 billion in assets. It offers one of the highest CD rates in the nation ranging from 2.35% to 3.15% APY for terms 6 months - 5 years. $5,000 is a minimum balance to earn APY. For example, if you invest $25,000 in a 5-year CD you will earn $788 per year while the national average is about $400. All CD accounts are insured by FDIC. The Bank is located in Providence, Rhode Island.

Term Annual Percentage Yield (APY)
6 month 2.35% APY
1 year 2.85% APY
2 year 2.95% APY
3 year 3.05% APY
4 year 3.10% APY
5 year 3.15% APY

First Internet Bank CD Rates
2.43% - 3.14% APY, $1,000 minimum deposit

Established in 1998, First Internet Bank offers a high-yield certificate of deposit (CD) without maintenance fees. CDs are FDIC insured. It also offers savings and money market accounts, online checking accounts, health savings accounts, accounts for kids, individual retirement accounts (IRAs), auto loans, home equity loans, credit cards, recreational vehicle financing and personal and student loans. It was awarded as one of the top 10 Best Banks to Work For in a nationwide ranking (American Banker) as well as was recognized as a Best Places to Work in Indiana (the medium-sized company category). David Becker is President and Chief Executive Officer (CEO) of the Bank. The company employs about 200 people and is located at 11201 USA Parkway Fishers, IN.

Term Annual Percentage Yield (APY)
6 month 2.43%
1 year 2.81%
2 year 2.92%
3 year 2.99%
4 year 3.09%
5 year 3.14%

Popular Direct CD Rates
2.40% - 3.00% 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.

Term Annual Percentage Yield (APY)
6 month 2.40% APY
1 year 2.63% APY
2 year 2.80% APY
3 year 3.00% APY
4 year 3.00% APY
5 year 3.00% APY

PurePoint Financial CD Rates
2.20% - 3.10% APY; $10,000 minimum deposit

PurePoint Financial, an online subsidiary of MUFG Union Bank, offers some of the highest savings and CD rates with no monthly fees. All accounts are insured by the FDIC. You can open CD online (from tablet, smartphone or computer), by phone or in person at any of convenient branches. Toll free number is 1 855 488 7873, from Monday to Friday, 8am - 9pm.

Term Annual Percentage Yield (APY)
6 month 2.20%
1 year 2.80%
2 year 2.80%
3 year 3.00%
4 year 3.05%
5 year 3.10%

USALLIANCE Financial CD Rates
2.00% - 3.10%, $500 minimum balance required

USAlliance, a full-service not-for-profit institution and credit union, offers a range of market leading CD rates. CD terms range from three months to 60 months. It is also offers savings and checking accounts, credit cards, insurance, home lending as well as auto and student loans, airplane loans, flight school loans and more. It serves over 105,000 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 according to Finovate Group, a research firm.

Term Annual Percentage Yield (APY)
6 month 2.00%
1 year 2.50%
2 year 2.80%
3 year 3.00%
4 year 3.10%
5 year 3.10%

Sallie Mae Bank CD Rates
1.30% - 3.10% APY, $2,500 min deposit, $0 monthly fees

Sallie Mae Bank, located in Murray, Utah, operates as a division of SLM Corporation. It offers competitive CD rates ranging from 1.30% APY to 3.10% APY for terms 6 months - 60 months. Minimum balance to open account is $2,500.

Term Annual Percentage Yield (APY)
6 month 1.30%
1 year 2.75%
2 year 3.00%
3 year 2.95%
5 year 3.10%

Synchrony Bank CD Rates
1.00% - 3.10% APY, $2,000 minimum deposit

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. Minimum opening deposit is $2,000.

Term Annual Percentage Yield (APY)
6 month 1.00% APY
1 year 2.80% APY
2 year 2.90% APY
3 year 2.90% APY
4 year 3.00% APY
5 year 3.10% APY

Discover Bank CD Rates
0.65% - 3.10% APY, $2,500 minimum deposit

Discover’s high-yield CD account let you earn high-interest returns. Minimum deposit to open each CD is $2,500. CDs range between three months and 10 years. Certificates of Deposit have a penalty if you withdraw before your maturity date. Discover, headquartered in Greenwood, Delaware, is one of the largest financial services companies in the U.S. with $110 billion in assets and $69 billion in deposits. The Bank's customers have access to over 60,000 no-fee ATMs.

Term Annual Percentage Yield (APY)
6 months 0.65%
1 year 2.65%
2 year 2.70%
3 years 2.75%
4 years 2.80%
5 years 3.00%
7 years 3.05%
10 years 3.10%

Barclays CD Rates
0.65% - 3.05% 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.

Term Annual Percentage Yield (APY)
6 months 0.65% APY
1 year 2.70% APY
2 years 2.75% APY
3 years 2.80% APY
4 years 2.85% APY
5 years 3.05% APY

Capital One Bank CD Rates
0.60% - 3.10% APY, $0 minimum deposit to open

Capital One offer high yield online CD savings accounts with no maintenance fees and no minimum balance, and one of the highest interest rates in the nation. All accounts are fully insured up to $250K per holder.

Term Annual Percentage Yield (APY)
6 month 0.60% APY
1 year 2.70% APY
2 year 2.80% APY
3 year 2.85% APY
4 year 2.90% APY
5 year 3.10% APY

TIAA Bank CD Rates
2.25% - 2.95% APY, $5,000 minimum deposit

TIAA Bank (formerly EverBank Financial), a banking platform of TIAA (Teachers Insurance and Annuity Association of America), provides high yield CDs in a range of terms from 3 months to 5 years, with no monthly fees. It also offers foreign currency accounts, lending and investing services. The Bank does not charge ATM fees. The company is headquartered in Jacksonville, Florida.

Term Annual Percentage Yield (APY)
6 month 2.25% APY
1 year 2.75% APY
2 year 2.80% APY
3 year 2.83% APY
4 year 2.85% APY
5 year 2.95% APY

Marcus by Goldman Sachs CD Rates
0.60% - 3.05% APY, $500 minimum balance

The company offers online certificates of deposit from six months to six years with a great CD rates including high-yield CDs, no-penalty CDs and CD ladders. Minimum deposit amount to open an account is $500. Partial withdrawals are not permitted from a no-penalty CD. Marcus is the retail banking platform of investment bank Goldman Sachs. All deposits and loan products are provided by Goldman Sachs Bank. Toll free call: 1 855 730 7283, Monday-Friday from 8 am to 10 pm, Saturday to Sunday from 9 am to 7 pm.

Term Annual Percentage Yield (APY)
6 month 0.60% APY
1 year 2.70% APY
2 year 2.65% APY
3 year 2.70% APY
4 year 2.75% APY
5 year 3.00% APY
6 year 3.05% APY

Alliant Credit Union CD Rates
2.70% - 3.00% APY, $1,000 minimum deposit

It offers high-yield CDs with competitive rates and terms from one year to five years. Alliant is the largest credit union in Illinois and one of the largest in the United States. Based in Chicago, IL, it was founded in 1935 by a group of United Airlines employees and today has about $10 billion in deposits and 455,000 members (April 2019).

Term Annual Percentage Yield (APY)
1 year 2.70% APY
2 year 2.70% APY
3 year 2.75% APY
4 year 2.80% APY
5 year 3.00% APY

PenFed Credit Union CD Rates
2.30% - 3.00% APY, $1,000 minimum amount to open

PenFed Credit Union (or Pentagon Federal Credit Union) is the second-largest credit union in Virginia and the third largest in America. It provides one of the best CD rates in the country. It serves more than 1.7 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.

Term Annual Percentage Yield (APY)
6 Month 2.30%
1 Year 2.40%
2 Year 2.60%
3 Year 2.70%
4 Year 2.75%
5 Year 2.90%
7 Year 3.00%

Vio Bank CD Rates
2.00% - 2.90% APY, $500 minimum deposit

Vio Bank is an online bank and a subsidiary of MidFirst Bank, one of the best privately owned banking institutions in America. It offers competitive High Yield Online Certificate of Deposit 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 the best high-yield online savings account. Vio Bank's routing number is 303087995.

Term Annual Percentage Yield (APY)
6 month 2.00% APY
1 year 2.40% APY
2 year 2.35% APY
3 year 2.45% APY
4 year 2.55% APY
5 year 2.65% APY
7 year 2.70% APY
10 year 2.80% APY