Here is a list of financial institutions offering the best CD rates in USA. CD has a fixed maturity date and a certain interest rate. It requires a minimum deposit or investment and you are not allowed to access your fund until it matures.
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Which Firm Has the Best CD Rates in the USA?
The definite list of some of the top picks among the US firms with best CD rates in 2019:
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Marcus by Goldman Sachs
It has an Annual Percentage Yield (APY) of 2.7% and only $500 as a minimum deposit. It also offers a fixed-rate and no fee personal loan.
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Discover Bank
Second is Discover Bank with 2.65% APY and a $2,500 minimum deposit. They can process your CD in three simple steps. Discover also allows different account ownership like Trust, Custodial, Guardian, and Estates.
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Capital One 360
APY is as high as 2.70% but has no minimum deposit required. They have an automatic tool to help you track your savings goals.
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Barclays
APY is also 2.70% and they do not require any deposit. It offers $5 nonsufficient funds fee.
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Bank5 Connect
It is an online bank with 2.55% APY and a low opening account requirement of $500. Its terms can be from six months to three years.
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TIAA Bank
Its CD rate interest is high at 2.75% but minimum investment is at $5,000. One their strengths are its large ATM network.
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Popular Direct
Their rate is still high at 2.63% APY but may have a higher minimum deposit of $10,000. However, their 24/7 customer support is what makes them stand out.
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Vio Bank
Vio offers 2.35% APY with a lower minimum deposit of $500. It has $16 billion asset financial institution with excellent ratings from bank-rating firms.
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Alliant Credit Union
They give a 2.70% APY with a $1,000 minimum deposit.
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PurePoint
Last but not the least is PurePoint with 2.80% APY and $10,000 minimum deposit
