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CD Rates - Search for CD Rates Today. Rates Updated Daily

CD Rates | Search for CD Rates Today

Search and compare the highest CD rates available locally and nationally using our CD Rate list below. We maintain a list of the best certificate of deposit rates available at local banks, national banks and credit unions. Use our rate list to find the best CD rates available. Our CD database of rates is updated daily since CD interest rates change all the time.

Marcus Bank CD rates by Goldman Sachs are currently one of the best CD rates available today. 1 year CD rates at Marcus by Goldman Sachs are at 2.55 percent. The minimum opening deposit is only $500 to earn this top CD rate from Marcus Bank.

Author: Brian McKay

Citizens Access CD rates on 12 month certificates of deposit are currently at 2.70 percent. This is one of the best CD rates available for a 12 month rate, if not the best CD rate currently available. Citizens Access Bank has a minimum opening deposit of $5,000 for this CD account. You can see how this 12 month CD rate at Citizens Access compare to other bank CD rates.

Author: Brian McKay

CD rates at banks continued the upward trajectory this month as banks increased rates again. For the past two years, financial institutions are increasing CD rates because the Federal Open Market Committee is increasing the fed funds rate. 

This current round of monetary tightening started back in December 2015 when the Fed increased the rate .25 percent. The Fed kept the rate at a record low range of zero percent to 0.25 percent for several years. The financial crisis and Great Recession almost a decade ago forced the Fed to lower the rate to near zero percent. 

The current fed funds rate is in a range of 1.25 percent to 1.5o percent. You can view a chart of the fed funds rate going back to 1955 at the Federal Reserve Bank of St. Louis.

CD Rates at Banks Increased This MonthSince December 2015, CD rates at banks also moved higher. Back then the best CD rates on 1 year certificates of deposit were around 1.05 percent. Since then, the best 1 year CD rates have doubled and are currently at 2.10 percent. 

The expected uptrend for CD rates and for deposit rates in general is higher for the rest of 2018 and into 2019. The Fed is expected to increase the fed funds rate at least twice this year and maybe more. The Fed usually increases the rate in 25 basis point increments.

If the Fed falls behind the inflation curve we could see more than two rate hikes. In addition, we could see hikes in 50 basis point increments. Regardless of how many times the rate is increased by the Fed, the rate is moving higher. 

This is good news for depositors who are finally getting relief from historically low interest rates. You can see a list of current CD rate changes from banks and credit unions listed below. 

CD Rates at Banks

Financial Institution CD Product Yield (New / Old)
Presidential Bank, FSB 1 yr CD 1 / 0.95
Presidential Bank, FSB 2 yr CD 1.16 / 1.1
Presidential Bank, FSB 3 yr CD 1.31 / 1.23
Presidential Bank, FSB 5 yr CD 1.61 / 1.53
Goldman Sachs Bank USA 1 yr CD 2.05 / 1.8
Goldman Sachs Bank USA 2 yr CD 2.15 / 1.9
Goldman Sachs Bank USA 3 yr CD 2.25 / 2
Goldman Sachs Bank USA 5 yr CD 2.6 / 2.5
Goldman Sachs Bank USA 18 month CD 2.1 / 1.85
Goldman Sachs Bank USA 4 yr CD 2.3 / 2.1
Sandia Area Federal Credit Union 6 month CD 0.7 / 0.65
Sandia Area Federal Credit Union 1 yr CD 1.05 / 0.8
Sandia Area Federal Credit Union 2 yr CD 1.45 / 1.35
Sandia Area Federal Credit Union 3 yr CD 1.8 / 1.6
Sandia Area Federal Credit Union 4 yr CD 2 / 1.85
Limelight Bank 1 yr CD 2.02 / 1.96
Luana Savings Bank 9 month CD 1.75 / 1.7
Luana Savings Bank 9 month jumbo CD 1.75 / 1.7
Nationwide Bank 6 month CD 1.5 / 1.2
Nationwide Bank 2 yr CD 2.1 / 1.9
Nationwide Bank 6 month jumbo CD 1.55 / 1.25
Nationwide Bank 2 yr jumbo CD 2.15 / 1.95
Northern Bank Direct 1 yr CD 1.5 / 1.06
Northern Bank Direct 2 yr CD 1.75 / 2.26
Northern Bank Direct 3 yr CD 2.55 / 1.35
Northern Bank Direct 5 yr CD 2.57 / 1.65
Northern Bank Direct 4 yr CD 2.56 / 2.51
VirtualBank 5 yr CD 2.65 / 2.58
VirtualBank 5 yr jumbo CD 2.65 / 2.58
Synchrony Bank 1 yr CD 1.95 / 1.85
Synchrony Bank 1 yr jumbo CD 1.95 / 1.85
M.Y. Safra Bank, FSB 5 yr CD 2.66 / 2.6
M.Y. Safra Bank, FSB 5 yr jumbo CD 2.66 / 2.6


Author: Brian McKay

CD rates are moving higher these days and you can get a better yielding certificate of deposit from an online bank. Internet banks offer much better CD rates than traditional brick and mortar banks. This is especially true these days because online banks are increasing CD rates while big traditional banks keep CD rates at low pathetic levels. For example, a 1 year CD rate at BankDirect is now at 1.60 percent. Chase Bank 12 month CD rates are currently at 0.02 percent. By the way, I had to dig through Chase’s website to find the current 12 month CD rate. Chase’s rate is so low they are probably embarrassed which is probably why the rate is buried.

Best CD Rates AvailableThis list of CD rates below is updated daily. Interest rates will move higher in 2017 and in 2018. Many banks in this report will continue to increase their rates in the months ahead to stay competitive with the best rates available.  Listed below are CD accounts with the current best CD rates:

CD Rates – Updated December 2017

1 Year CD: Ally Bank – 2.00% APY

Minimum Deposit $0

Ally Bank  is offering a 1 year CD rate at 1.98 percent with a yield of 2.00 percent. There is no minimum deposit for this CD Account. Ally Bank has the best yielding 1 year CD account available right now. Learn Moore.

First Internet Bank – 3 to 60 Month CD

Minimum Deposit of $1,000

A 3 month CD yield at 1.11% is better than many 12 month CD rates available these days. As the name would suggest, First Internet Bank of Indiana is based in Indiana. Founded in 1999, First IB is one of first banks to be exclusively online, there are no branch locations. First IB serves all 50 states. The rest of First IB’s rates are better than most rates available we decided to list all their rates: Learn Moore.

  • 3 Month 1.11% APY
  • 6 Month 1.43% APY
  • 12 Month 1.76% APY
  • 18 Month 1.81% APY
  • 24 Month 1.92% APY
  • 36 Month 2.07% APY
  • 48 Month 2.20% APY
  • 60 Month 2.43% APY

 1 Year CD at Popular Direct 1.60%

Minimum Deposit $10,000

Many traditional brick and mortar banks have online banking divisions. Popular Direct is the online bank of Banco Popular North America, a New York state chartered bank. All deposits with BPNA (including deposits through Popular Direct deposit products) are insured by the FDIC up to the applicable maximum amount allowed by law for each deposit ownership category. This last point is important, since Popular Direct’s deposits are insured under the BPNA FDIC umbrella be sure to stay under the maximum amount so your deposits are fully insured. Learn Moore.

1 Year CD from Connexus Credit Union at 1.00% APY

Minimum Deposit $5,000

The 1 year CD rate at Connexus Credit Union is currently at 1.00 percent with an APY of 1.00 percent. Deposits at credit unions are insured by the National Credit Union Administration for up to $250,000.

Sallie Mae 1 year CD at 1.72% APY

Minimum Deposit is $2,500

The banking division of the student loan company Sallie Mae is offering 1 year CD at 1.71 percent with a yield of 1.72 percent. Sallie Mae partially funds loans to students by collecting deposits from their online bank. Learn Moore.

18 Month CD – 1.70% APY Popular Direct

Minimum Deposit $10,000

The Internet Bank Popular Direct also tops our 18 month certificate of deposit rate list. Interest compounds daily on this 18 month CD and all CDs at Popular Direct. 

iGOBanking.com 2 Year CD – 2.10% APY

Minimum Deposit $1,000

Last month I mentioned it was nice to see 2 year CD rates at 2.00 percent, now we one bank offering 1 year CD rates at 2.00 percent. Just a few years ago, the best 5 year CD rates were at 2.00 percent. iGoBanking.com tops our 2 year rate list with a yield of 2.10 percent.

Popular Direct 3 Year CD – 2.15% APY

Minimum Deposit $10,000

Popular Direct has the best 3 year CD rate on our list. The bank is offering 3 year CD rates at 3.12 percent and the yields at 2.15 percent. The minimum depot for a 3 year CD account is also $10,000.

4 Year CD – 2.15% APY – M.Y. Safra Bank, FSB and Northern Bank Direct

Minimum Deposit $5,000 – M.Y. Safra Bank

Minimum Deposit $500 – Northern Bank Direct 

M.Y. Safra Bank, FSB and Northern Bank Direct are both offering 4 year CD rates at 2.15% APY. M.Y. Safra Bank’s minimum opening deposit is $5,000 while Northern Bank Direct minimum is $500. 

Capital One 5 Year CD – 2.45% APY

Minimum Deposit $0

Capital One has the best 5 year CD rate right now at 2.42 percent with an APY of 2.45 percent. There is no minimum deposit to open a CD account at Capital One. Learn Moore.

Opening a CD Account Online

Online banking has come a long way the past 20 years. Opening a certificate of deposit online is very quick, easy and secure. These days it is much more of a hassle to go to a traditional bank to open a CD account. Also why would you when you get better rates with online banks?

In addition, funding a CD account at opening is also easy because most Internet banks these days allow electronic transfers into the account. Setting up these transfers is therefore quick and painless. Online banks also give you a certain amount of time to fund the CD account after you opening it.

Author: Brian McKay

CD rates have slowly inched higher for the past year and we recently reach a point for 1 year CD rates, which we haven’t seen for about a half dozen years. We can thank the Federal Reserve for higher CD rates and we can also thank the Fed for 1.50 percent 1 year CD rates. 

That’s right, the best 1 year CD rate available on our rate list has hit the 1.50 percent milestone, a level we haven’t seen since 2011. The outlook for CD rates in 2017 and beyond is also promising because the Fed is expected to continue increasing the Fed funds rate. 

Last month, the Fed increased the federal funds rate 0.25 percent to a targeted range of 0.75 percent to 1.00 percent. This is on top of the 0.25 percent increase we saw in December 2016. The Fed also mentioned the likelihood of at least two more rate increases in 2017.  

Two more fed funds rate increases in 2017 would put the fed funds rate at 1.50 percent. This would send the best 1 year CD rates towards 2.00 percent. The last time we saw 1 year CD rates at or above 2.00 percent was just after the financial crisis nearly 10 years ago. 

Author: Brian McKay