Business CDs: Compare Rates and Top Options

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Best business CD rates
Term | APY | Minimum deposit | |
---|---|---|---|
Prime Alliance Bank CD | 6 months. | 4.35%. | $500. |
First Internet Bank Business CD | 6 months. | 4.28%. | $1,000. |
Wells Fargo Special Fixed Rate Business CD | 4 months. | 4.25%. | $5,000. |
America First Credit Union Certificate Account | 3-5 months or 6-11 months. | 4.20% (⬇️). | $500. |
TAB Bank Business CD | 12 months. | 4.10%. | $1,000. |
Live Oak Business CD | 12 months. | 4.10%. | $2,500. |
NBKC Bank Business CD | 7 months or 11 months. | 4.05%. | $1,000. |
EverBank Business CD | 6 months. | 4.00%. | $1,500. |
Bank of America Business Featured CD | 7 months. | 4.00%. | $1,000. |
Regions Promotional Business CD | 8 months. | 4.00% (relationship APY) or 3.75% (standard APY). | $500. |
Dive deeper: NerdWallet's picks for best business CDs
Live Oak Business CD
- Term: 12 months.
- Minimum deposit: $2,500.
- APY: 4.10% APY.
- Early withdrawal penalty: 90 days of interest.
Prime Alliance Bank Business CD
- Term: 6 months.
- Minimum deposit: $500.
- APY: 4.35%.
- Early withdrawal penalty: Not disclosed.
First Internet Bank Business CD
- Term: 6 months.
- Minimum deposit: $1,000.
- APY: 4.28% APY.
- Early withdrawal penalty: 180 days of interest.
TAB Bank Business CD
- Term: 12 months.
- Minimum deposit: $1,000.
- APY: 4.10%.
- Early withdrawal penalty: 90 days of interest.
America First Credit Union Certificate Account
- Term: 3-5 months or 6-11 months.
- Minimum deposit: $500.
- APY: 4.20%.
- Early withdrawal penalty: Terms under 12 months: 60 days of interest. Over 12 months: 180 days of interest.
Bank of America Business Featured CD
- Term: 7 months, 10 months, 13 months or 25 months.
- Minimum deposit: $1,000.
- APY: 4.00%.
- Early withdrawal penalty: Up to 180 days of interest, depending on the term.
EverBank Business CD
- Term: 6 months.
- Minimum deposit: $1,500.
- APY: 4.00%.
- Early withdrawal penalty: 91 days of interest.
Regions Business CD
- Term: 8 months.
- Minimum deposit: $500.
- APY: 4.00% (relationship rate); 3.75% (non-relationship rate).
- Early withdrawal penalty: All interest earned on the amount withdrawn as of the date of withdrawal or 2% of the amount withdrawn, whichever is less.
Wells Fargo Special Fixed Rate Business CD
- Term: 4 months.
- Minimum deposit: $5,000.
- APY: 4.00%.
- Early withdrawal penalty: 90 days of interest.
NBKC Bank Business CD
- Term: 7 or 11 months.
- Minimum deposit: $1,000.
- APY: 4.25%.
- Early withdrawal penalty: 90 days of interest.
What is a business CD?
Business CD vs. business money market account
Average business CD rates
Average APYs for CDs
- 1-month CD: 0.23%.
- 3-month CD: 1.54%.
- 6-month CD: 1.51%.
- 12-month CD: 1.76%.
- 24-month CD: 1.47%.
- 36-month CD: 1.34%.
- 48-month CD: 1.26%.
- 60-month CD: 1.34%.
Compare rates on 12-month business CDs
Term | APY | Opening deposit | |
---|---|---|---|
Bank of America Fixed Term Business CD | 12 months. | 0.03%. | $1,000. |
Chase Business CD | 12 months. | 2.00%. | $1,000. |
Citizens Bank Business CD | 12 months. | 0.10%. | $1,000. |
EverBank Business CD | 12 months. | 3.90%. | $1,500. |
First Internet Bank Business CD | 12 months. | 4.19%. | $1,000. |
Live Oak Business CD | 12 months. | 4.10%. | $2,500. |
NBKC Business CD | 12 months. | 2.50%. | $1,000. |
Prime Alliance Business CD | 12 months. | 4.30%. | $500. |
Regions Business CD (Non-Promotional) | 12 months. | 0.03%. | $500. |
TAB Bank Business CD | 12 months. | 4.10%. | $1,000. |
U.S. Bank Standard Business CD | 12 months. | 0.05%. | $500. |
Wells Fargo Standard Fixed Rate Business CD | 12 months. | 2.00%. | $5,000. |
Article sources
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Federal Deposit Insurance Corp.. National Rates and Rate Caps. Accessed Aug 1, 2025.1.