11 Best 5-Year CD Rates of June 2026
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Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own.
Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own.
The best five-year CD rates are much higher than the national average rate of 1.34% APY. These CDs can help you work toward your individual savings goals.
» Want to see a wider pool of high rates? See our list of the best CD rates
| Bank/institution | NerdWallet rating | Minimum deposit | APY | Learn more |
|---|---|---|---|---|
5.0/5 | $1,500 Member FDIC | APY 4.00% | Learn moreon partner's site at Bread Savings®, Member FDIC | |
5.0/5 | $0 Member FDIC | APY 3.75% | ||
5.0/5 | $2,500 Member FDIC | APY 4.00% | ||
5.0/5 | $500 Member FDIC | APY 3.80% | ||
5.0/5 | $1,000 Federally insured by NCUA | APY 4.18% | ||
5.0/5 | $0 Member FDIC | APY 4.10% | ||
4.5/5 | $1,000 Member FDIC | APY 4.20% | ||
5.0/5 | $1,000 Federally insured by NCUA | APY 3.65% | ||
5.0/5 | $0 Member FDIC | APY 3.60% | ||
4.0/5 | $1,000 Federally insured by NCUA | APY 3.70% | ||
4.0/5 | $500 Federally insured by NCUA | APY 3.82% |
Learn moreon partner's siteat Bread Savings®, Member FDICNerdWallet rating5.0/5Learn moreon partner's siteat Bread Savings®, Member FDICMinimum deposit
$1,500
Member FDIC
APY
4.00%
Our Take
Why We Like ItBread Savings® offers an attractive rate on its CD, though the minimum is somewhat high.
- NerdWallet rating5.0/5
Minimum deposit
$0
Member FDIC
APY
3.75%
Our Take
Why We Like ItSynchrony has no minimum to open its CDs.
- NerdWallet rating5.0/5
Minimum deposit
$2,500
Member FDIC
APY
4.00%
Our Take
Why We Like ItThe student loan provider also offers CDs, including a solid five-year rate. It has a somewhat steep minimum of $2,500, though.
- NerdWallet rating5.0/5
Minimum deposit
$500
Member FDIC
APY
3.80%
Our Take
Why We Like ItGoldman Sachs’ online-only consumer bank has a competitive APY on its five-year CD term and a low opening minimum of $500.
- NerdWallet rating5.0/5
Minimum deposit
$1,000
Federally insured by NCUA
APY
4.18%
Our Take
Why We Like ItNASA Federal Credit Union focuses on NASA employees but lets anyone join by agreeing to a free membership to the National Space Society. The credit union’s five-year share certificate has a competitive yield and a somewhat low opening minimum of $1,000.
- NerdWallet rating5.0/5
Minimum deposit
$0
Member FDIC
APY
4.10%
Our Take
Why We Like ItThe online trading platform E*TRADE, owned by Morgan Stanley Private Bank, has solid rates on bank CDs, including five-year terms. There’s no minimum deposit required.
- NerdWallet rating4.5/5
Minimum deposit
$1,000
Member FDIC
APY
4.20%
Our Take
Why We Like ItThe online-focused TAB Bank offers a range of CDs online, including a competitive five-year term. Its opening minimum of $1,000 is on the lower end.
- NerdWallet rating5.0/5
Minimum deposit
$1,000
Federally insured by NCUA
APY
3.65%
Our Take
Why We Like ItThe online-focused credit union has a solid five-year certificate rate and a somewhat low opening minimum deposit of $1,000.
- NerdWallet rating5.0/5
Minimum deposit
$0
Member FDIC
APY
3.60%
Our Take
Why We Like ItCapital One has no opening minimum for its CDs, and its five-year rate is competitive.
- NerdWallet rating4.0/5
Minimum deposit
$1,000
Federally insured by NCUA
APY
3.70%
Our Take
Why We Like ItAndrews Federal Credit Union focuses on serving the military, but its membership is available to anyone nationwide. Its share certificates have competitive yields and the somewhat low minimum of $1,000.
- NerdWallet rating4.0/5
Minimum deposit
$500
Federally insured by NCUA
APY
3.82%
Our Take
Why We Like ItSelf-Help Credit Union has a five-year term certificate with a solid rate and a low minimum opening deposit of $500. The credit union offers membership to anyone nationwide with a one-time $5 fee.
Why trust NerdWallet
Strict editorial guidelines to ensure fairness and accuracy in our coverage to help you choose the financial accounts that work best for you. See our criteria for evaluating banks and credit unions.
Around 100 financial institutions surveyed by our team of experts.
More than 50 data points considered for each bank and credit union to be eligible for our lists. For this CD list, three data points were considered per institution.
» Want to see a wider pool of high rates? See our list of the best CD rates
Nerdy Tip
The Fed lowered its benchmark interest rate three times in late 2025. Excellent interest rates are still available on certificates of deposit, but they are trending lower.
Best 5-year CD rates for June 2026
Sallie Mae Bank: 4.00% APY.
Marcus by Goldman Sachs: 3.80% APY.
NASA Federal Credit Union: 4.18% APY.
Synchrony Bank: 3.75% APY.
Bread Savings®: 4.00% APY.
E*TRADE: 4.10% APY.
TAB Bank: 4.20% APY.
Alliant Credit Union: 3.65% APY.
Capital One: 3.60% APY.
Andrews Federal Credit Union: 3.70% APY.
Self-Help Credit Union: 3.82% APY.
5-year CD trends
NerdWallet picks’ average:
3.89% APY
National average:
1.34%
What to know about the best five-year CD rates right now
Find a good deal. A five-year rate around or above 3.50% APY is currently competitive. These rates tend to be at various online banks and credit unions.
Don’t sweat higher short-term rates. One lingering trend in the current rate environment is that five-year rates remain lower than shorter-term rates for national averages and high-yield CDs. Even though the best one-year CD rates are closer to 4%, remember that five-year CDs have longer periods to compound interest and can result in higher returns than one-year CDs, even if they have higher rates. Use our CD calculator to try out specific scenarios.
Use a CD ladder to benefit from five-year rates
If putting one sum into a single five-year CD sounds like a big decision, you can make things easier by considering a CD ladder instead. Put multiple CDs into terms of different lengths, and when each CD matures, you can consider reinvesting money into new five-year CDs over time. Learn more about CD ladders.
See CD rates by term and type
Compare the best rates for various CD terms and types:
How do CDs work?
Learn more about choosing CDs, understanding CD rates, and opening and closing CDs.
Understanding CD rates:
See CD rates by bank
Here’s a quick list of CD rates at traditional and online banks and a brokerage:
Last updated on May 29, 2026
Methodology: How we rate banks and credit unions
Banking writers and editors use an objective methodology to rate banks, credit unions, and other providers, and to recommend the best products.
100+
Financial institutions reviewed
100+
Financial institutions reviewed
We took a close look at around 100 financial institutions and financial service providers, including the largest U.S. banks based on assets, internet search traffic and other factors; the nation’s largest credit unions, based on assets and membership; and other notable players in the industry. We rated them on criteria including annual percentage yields, minimum balances, fees, digital experience and more.
30+
Categories assessed
30+
Categories assessed
Each provider is evaluated across five weighted categories and 30 subcategories, including checking and savings accounts, certificates of deposit, customer experience, and overdraft services. For banks or credit unions without one or more types of accounts, the overall rating is modified to include only applicable categories. Institutions are not penalized if they don't offer every type of account.
60+
Data points analyzed
60+
Data points analyzed
We considered more than 60 data points for each provider. Depending on the category, these included account fees and rates (such as annual percentage yields), ATM and branch access, account features, account bonuses, customer service access and user-facing technology, such as innovative tools and mobile apps. We gathered this information for each financial institution from its website, a media representative or both.
Certificate of deposit star rating categories
Providers with the best CDs (or share certificates, as credit unions call them) generally have interest rates for six-month, one-year, three-year and five-year terms that tend to be at least twice their national averages. Minimum opening deposits tend to be lower than $3,000, but not always. Institutions with at least one of four specialty CDs (no-penalty, add-on, step-up or bump-up CDs) may get extra marks. Banks with a limited number of term lengths receive lower marks.
Financial institutions and providers surveyed are: Affirm, All America Bank, Alliant Credit Union, Ally Bank, Alto, Amalgamated Bank, American Express National Bank, Andrews Federal Credit Union, Associated Bank, Axos Bank, Bank of America, Bank5 Connect, Barclays, Bask Bank, BMO, Boeing Employees Credit Union, Bread Savings®, BrioDirect, Capital One, Cash App, CFG Bank, Charles Schwab Bank, Chase, Chime, CIBC U.S., CIT Bank, Citibank, Citizens Access, Citizens Bank, Climate First Bank, ConnectOne Bank, Connexus Credit Union, Consumers Credit Union, Current, Customers Bank, Discover® Bank, E*TRADE, EverBank, Fifth Third Bank, First Foundation, First Internet Bank, First Tech Federal Credit Union, FNBO Direct, Forbright Bank, FourLeaf Federal Credit Union, GO2bank, Golden 1 Credit Union, Hope Credit Union, HSBC Bank, Huntington Bank, Ivy Bank, KeyBank, Lake Michigan Credit Union, LendingClub Bank, Live Oak Bank, M&T Bank, Marcus by Goldman Sachs, My Banking Direct, NASA Federal Credit Union, Navy Federal Credit Union, NBKC, Newtek Bank, OMB Bank, OnePay, Openbank, PayPal, Peak Bank, Pentagon Federal Credit Union, PNC, Poppy Bank, Popular Direct, Quontic Bank, Regions Bank, Revolut, Salem Five Direct, Sallie Mae Bank, Santander Bank, SchoolsFirst Federal Credit Union, Security Service Federal Credit Union, Securityplus Federal Credit Union, Self-Help Credit Union, Service Credit Union, SoFi, State Employees’ Credit Union of North Carolina, Synchrony Bank, TAB Bank, TD Bank, Truist Bank, U.S. Bank, UFB Direct, Upgrade, USAA Bank, Valley Bank, Varo, Venmo, Vio Bank, Wells Fargo, Western Alliance Bank, Zolve and Zynlo Bank.
NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodologies for banks and credit unions and our editorial guidelines
NerdWallet's Best 5-Year CD Rates of June 2026
- Bread Savings® CD: 4.00% APY
- Synchrony Bank CD: 3.75% APY
- Sallie Mae Bank CD: 4.00% APY
- Marcus by Goldman Sachs High-Yield CD: 3.80% APY
- NASA Federal Credit Union Share Certificate: 4.18% APY
- E*TRADE Certificate of Deposit: 4.10% APY
- TAB Bank CD: 4.20% APY
- Alliant Credit Union Certificate: 3.65% APY
- Capital One 360 CD: 3.60% APY
- Andrews Federal Credit Union Fixed Rate Share Certificates: 3.70% APY
- Self-Help Credit Union Term Certificate: 3.82% APY
Frequently asked questions
Are five-year CDs worth it right now?
Getting a long-term, such as a five-year, CD can make sense if you're trying to spread out your investments, guarantee yourself a risk-free return, or want to ensure you won't spend a sum of your savings for a few years.
How do CD rates work?
CD rates are quoted as an annual percentage yield, or APY, which is how much the account earns in one year including compound interest. Banks generally compound interest monthly or daily.
» See what CDs can earn with our CD calculator
When should you get a CD?
You should get a CD only if you know you won’t need those funds during its term. Pulling money out of a CD before its expiration date will likely result in an early withdrawal fee, which is typically a percentage of the interest earned.
What's better: CDs or high-yield savings accounts?
It depends on what's more important to you: rates or access to your money. The current CD rates tend to be higher than the best savings account rates, but you sacrifice access to money in CDs. If that doesn't work for you, check out our list of best online savings accounts.
» Learn more about CDs vs. regular savings accounts
What's better: CDs or investment accounts?
It depends on the level of risk you want to take. Investment, or brokerage, accounts can have higher returns than CDs, but CDs guarantee returns. They're typically federally insured for up to $250,000 and offer fixed interest rates. Brokerage accounts can be riskier, since you aren’t protected against losses.