In the current financial environment, interest rates on all deposit accounts are quite low, which makes it more important than ever to compare the certificates of deposit (CDs)in our database. The Expert’s Answers section below has tips for how to make the most of your investment in CDs.
- General Consumer
- Business Owner
- College Student
Charles Schwab Bank • 6 Month CD

- Current CD rates available through Schwab CD OneSource.
- You are required to open an account (brokerage or requirement account) in order to purchase CDs within Schwab.
Charles Schwab Bank • 1 Year CD

- Current CD rates available through Schwab CD OneSource.
- You are required to open an account (brokerage or requirement account) in order to purchase CDs within Schwab.
Charles Schwab Bank • 3 Month CD

- Current CD rates available through Schwab CD OneSource.
- You are required to open an account (brokerage or requirement account) in order to purchase CDs within Schwab.
RBC • 1 Year CD

- Terms from six months to five years.
- Competitive, fixed interest rates for the term of the CD.
- A penalty may be imposed for early withdrawal. Fees could reduce earnings.
TIAA Bank • 1 Year CD

- Terms from 3 months to 5 years.
- 20-day advanced maturity alert.
- Automatic renewal on maturity.
Sallie Mae • 1 Year CD

- Automatic renewal option.
- A penalty may be charged for early withdrawal.
Sallie Mae • 2 Year CD

- Automatic renewal option.
- A penalty may be charged for early withdrawal.
Academy Bank • 2 Year CD

- A fixed interest rate is earned on the entire balance.
- There are penalties for withdrawing funds before the set term. The amount depends on the length of the CD account term.
Raymond James Bank • 2 Year CD

- Minimum Opening Deposit of $1,000 (not purchased through Raymond James brokerage account).
- Minimum Opening Deposit of $5,000 (purchased through Raymond James brokerage account).
HSBC • 1 Year CD

- Consumer and Online Certificate of Deposit accounts are only available to customers with an HSBC Premier checking account in the United States.