Us Bank Cd Rates
Bank CD rates compare to top-yielding banks Compared to other banks, U.S. Bank’s CD rates leave a lot to be desired. You can currently find competitors paying around 0.65 percent APY on.
RBC Bank rates effective as of
| Preferred Money Market Account5 | ||
|---|---|---|
| Balances | Rate | APY17 |
| Less than $10,000 | 0.15% | 0.15% |
| $10,000 – $24,999 | 0.15% | 0.15% |
| $25,000 – $49,999 | 0.15% | 0.15% |
| $50,000 + | 0.20% | 0.20% |
Us Bank Cd Rates
- Speak to a banker for current deposit rates, disclosures on rates, compounding and crediting and other balance information. Return to content, Footnote 2 Package Money Market Savings eligibility – A U.S. Bank Package Money Market Savings account requires you to maintain an open U.S. Bank Silver or Gold Checking Package with at least one.
- The best rates for a certificate of deposit are more than 2.5 times higher than average. Shop around before you buy a CD. The best rates may pay a little more than 3 times what your local bank pays.
- Certificates of Deposit - Branch Banks 2021. A certificate of deposit (CD) is a savings product offered by a bank in which a depositor (someone who has money to put into the bank) agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest.
| Personal Savings Account5 | ||
|---|---|---|
| Balances | Rate | APY17 |
| Less than $10,000 | 0.05% | 0.05% |
| $10,000 – $24,999 | 0.05% | 0.05% |
| $25,000 – $49,999 | 0.05% | 0.05% |
| $50,000 + | 0.05% | 0.05% |
| Certificates of Deposit (CD)15 | ||
|---|---|---|
| Term | Rate | APY17 |
| 6 months | 0.15% | 0.15% |
| 1 year | 0.25% | 0.25% |
| 2 years | 0.30% | 0.30% |
| 3 years | 0.35% | 0.35% |
| 4 years | 0.40% | 0.40% |
| 5 years | 0.50% | 0.50% |
| Money Market Investment Account5 | ||
|---|---|---|
| Balances | Rate | APY17 |
| Less than $10,000 | 0.05% | 0.05% |
| $10,000 – $24,999 | 0.05% | 0.05% |
| $25,000 – $49,999 | 0.10% | 0.10% |
| $50,000 + | 0.10% | 0.10% |
Us Bank Cd Rates 2019
| Premium Interest Checking Account* | ||
|---|---|---|
| Balances | Rate | APY17* |
| Less than $10,000 | 0.03% | 0.03% |
| $10,000 – $24,999 | 0.03% | 0.03% |
| $25,000 – $49,999 | 0.03% | 0.03% |
| $ 50,000 + | 0.03% | 0.03% |
| Preferred Checking Account* | ||
|---|---|---|
| Balances | Rate | APY17* |
| Less than $1,500 | 0.03% | 0.03% |
| $1,500 – $9,999 | 0.03% | 0.03% |
| $10,000 – $24,999 | 0.03% | 0.03% |
| $ 25,000 + | 0.03% | 0.03% |
| U.S. Business Money Market Savings5 | ||
|---|---|---|
| Balances | Rate | APY17 |
| $0.00 - $9,999.99 | 0.05% | 0.05% |
| $10,000 - $249,999.99 | 0.10% | 0.10% |
| $250,000.00 + | 0.15% | 0.15% |
U.S. Bank offers a variety of terms for its certificates of deposit; however, the bank’s rates are lackluster by and large.
The bank offers standard CDs with terms ranging from one month to 60 months. It also offers several special CDs. While its promotional CDs have more compelling rates, you can still find higher rates elsewhere. Even some online savings accounts will pay you more interest.
U.S. Bank earned a 2.7 out of 5 in Bankrate's overall rating.
U.S. Bank CD rates
Here's more information about U.S. Bank's standard CD rates.
| Account name | Term | APY | Minimum deposit |
| CD | 1 month | 0.05% | $500 |
| CD | 2 months | 0.05% | $500 |
| CD | 3 months | 0.05% | $500 |
| CD | 6 months | 0.05% | $500 |
| CD | 9 months | 0.05% | $500 |
| CD | 12 months | 0.05% | $500 |
| CD | 18 months | 0.05% | $500 |
| CD | 24 months | 0.05% | $500 |
| CD | 36 months | 0.10% | $500 |
| CD | 48 months | 0.15% | $500 |
| CD | 60 months | 0.25% | $500 |
Here's more information about U.S. Bank's special CD rates.
Us Bank Cd Rates Kansas City
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| Account name | Term | APY | Minimum deposit |
| Special CD | 11 months | 0.10% | $1,000 |
| Special CD | 19 months | 0.15% | $1,000 |
| Special CD | 27 months | 0.20% | $1,000 |
| Special CD | 59 months | 0.50% | $1,000 |
Note: The APYs (Annual Percentage Yield) shown are as of Jan. 14, 2021. The APYs for some products may vary by region.
How U.S. Bank CD rates compare to top-yielding banks
Compared to other banks, U.S. Bank's CD rates leave a lot to be desired. You can currently find competitors paying around 0.65 percent APY on 12-month CDs.
The only relatively competitive CDs that U.S. Bank offers are its promotional CDs. If you want a CD with a promotional term, U.S. Bank's options might be worth considering. But you can still find CDs offered by other banks, like Live Oak Bank or Marcus by Goldman Sachs, offering juicer rates. These banks offer higher APYs, helping you reach your financial goals sooner.
Other savings options at U.S. Bank
On top of its standard CDs, U.S. Bank also offers Step Up or Trade Up CDs.
The Step Up CD gives you an automatic interest rate increase every seven months during the CD's 28-month term. The Trade Up CD, meanwhile, lets you boost your rate at one time of your choosing during the CD's life.
You could also consider the bank's savings or money market account options.