Standout High-Yield CDs
Certificates of deposit (CDs) let you lock in a fixed interest rate that can be higher than that of regular savings accounts (just note that typically you will have to pay penalty for early withdrawals).
CDs can be a great option if you're looking for guaranteed returns without much risk and a safe place for savings earmarked for future use.
Shopping for CDs at NerdWallet makes it easier, faster, and more transparent to find the right account for your savings goals. With side-by-side comparisons of APY, term lengths, and minimum deposit requirements, you can quickly identify the most competitive offers across a range of banks and credit unions. Each CD from our partners that we have featured here has also been given a star rating based on key factors like fees, APY strength, account accessibility, and whether it’s linked to a checking account, helping you make an informed choice beyond just rate alone. NerdWallet does the research so you don’t have to—saving you time and giving you confidence that you're choosing a CD that truly fits your needs. True to its mission of bringing clarity to all of life’s financial decisions, NerdWallet provides smart, straightforward comparisons.
Filters
| Bank/institution | Rating | APY | Minimum deposit | Term | Learn more |
|---|---|---|---|---|---|
 2026 Best Bank for CDs  14M term avail until 7/28/26. APY may change before CD is opened & funded. Learn moreon partner's site at Goldman Sachs Bank USA, Member FDIC | 4.00% | $500 Member FDIC | 14mo | Learn moreon partner's site at Goldman Sachs Bank USA, Member FDIC | |
 E*TRADE Certificate of Deposit Learn moreon partner's site at Morgan Stanley Private Bank, National Association, Member FDIC | 4.05% | $0 Member FDIC | 6mo | Learn moreon partner's site at Morgan Stanley Private Bank, National Association, Member FDIC | |
E*TRADE Certificate of Deposit Learn moreon partner's site at Morgan Stanley Private Bank, National Association, Member FDIC | 4.10% | $0 Member FDIC | 12mo | Learn moreon partner's site at Morgan Stanley Private Bank, National Association, Member FDIC | |
4.00% | $0 Member FDIC | 13mo | Learn moreon partner's site at Synchrony Bank, Member FDIC | ||
4.00% | $1,500 Member FDIC | 12mo | Learn moreon partner's site at Bread Savings®, Member FDIC | ||
4.00% | $1,500 Member FDIC | 6mo | Learn moreon partner's site at Bread Savings®, Member FDIC | ||
3.50% | $0 Member FDIC | 6mo | Learn moreon partner's site at Barclays, Member FDIC | ||
2026 Best Bank for CDs Marcus by Goldman Sachs High-Yield CD Learn moreon partner's site at Goldman Sachs Bank USA, Member FDIC | 4.00% | $500 Member FDIC | 9mo | Learn moreon partner's site at Goldman Sachs Bank USA, Member FDIC |
- 2026 Best Bank for CDsLearn moreon partner's siteat Goldman Sachs Bank USA, Member FDICNerdWallet ratingLearn moreon partner's siteat Goldman Sachs Bank USA, Member FDIC
APY
4.00%
Minimum deposit
$500
Member FDIC
Term
14mo
- Learn moreon partner's siteat Morgan Stanley Private Bank, National Association, Member FDICNerdWallet ratingLearn moreon partner's siteat Morgan Stanley Private Bank, National Association, Member FDIC
APY
4.05%
Minimum deposit
$0
Member FDIC
Term
6mo
- Learn moreon partner's siteat Morgan Stanley Private Bank, National Association, Member FDICNerdWallet ratingLearn moreon partner's siteat Morgan Stanley Private Bank, National Association, Member FDIC
APY
4.10%
Minimum deposit
$0
Member FDIC
Term
12mo
Learn moreon partner's siteat Synchrony Bank, Member FDICNerdWallet ratingLearn moreon partner's siteat Synchrony Bank, Member FDICAPY
4.00%
Minimum deposit
$0
Member FDIC
Term
13mo
Learn moreon partner's siteat Bread Savings®, Member FDICNerdWallet ratingLearn moreon partner's siteat Bread Savings®, Member FDICAPY
4.00%
Minimum deposit
$1,500
Member FDIC
Term
12mo
- Learn moreon partner's siteat Bread Savings®, Member FDICNerdWallet ratingLearn moreon partner's siteat Bread Savings®, Member FDIC
APY
4.00%
Minimum deposit
$1,500
Member FDIC
Term
6mo
Learn moreon partner's siteat Barclays, Member FDICNerdWallet ratingLearn moreon partner's siteat Barclays, Member FDICAPY
3.50%
Minimum deposit
$0
Member FDIC
Term
6mo
- 2026 Best Bank for CDsLearn moreon partner's siteat Goldman Sachs Bank USA, Member FDICNerdWallet ratingLearn moreon partner's siteat Goldman Sachs Bank USA, Member FDIC
APY
4.00%
Minimum deposit
$500
Member FDIC
Term
9mo
What to Consider Before Opening a CD
Choosing the right CD can help you grow your savings with confidence. Here’s what to keep in mind
Compare APYs
Look for a competitive annual percentage yield (APY) to maximize your earnings over the CD term.
Pick the Right Term
CDs range from a few months to several years. Choose a timeline that fits your goals—longer terms usually mean higher rates.
Check the Minimum Deposit
Make sure the CD fits your budget. While many CD’s have no minimum deposit, some CD’s may require large minimum deposits.
Understand Early Withdrawal Penalties
Pulling out funds early can cost you. Know the penalties so you’re not caught off guard.
Look for FDIC or NCUA Insurance
Only open CDs at insured banks or credit unions to protect your money—up to $250,000 per depositor per institution.
Know the Renewal Policy
Many CDs auto-renew at maturity. Mark your calendar or set reminders so you’re not locked in again without meaning to.
Explore Flexible CD Options
No-penalty, bump-up, or add-on CDs offer more flexibility than standard CDs. Look for features that work for your needs.