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.
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:
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.
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.
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.
APY is also 2.70% and they do not require any deposit. It offers $5 nonsufficient funds fee.
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.
Its CD rate interest is high at 2.75% but minimum investment is at $5,000. One their strengths are its large ATM network.
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.
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.
Alliant Credit Union
They give a 2.70% APY with a $1,000 minimum deposit.
Last but not the least is PurePoint with 2.80% APY and $10,000 minimum deposit