Best CD Rates in Denver, Colorado

Pros:

• High interest rates: Western Alliance Bank typically offers some of the highest interest rates on CDs in the market.
• FDIC insured: Western Alliance Bank is FDIC insured, so your money is safe up to $250,000.
• No monthly fees: There are no monthly fees for any of Western Alliance Bank’s CDs.
• Easy to open: You can open a CD with Western Alliance Bank online or by phone.
• Different customer service options available.
• Direct deposit: If you set up direct deposit for your paycheck or other regular income, you’ll earn a higher interest rate on your CD.

Rules:

• Minimum deposit: The minimum deposit to open a CD with Western Alliance Bank varies by term.
• Early withdrawal penalties: There is an early withdrawal penalty if you withdraw money from your CD before the maturity date. The penalty is equal to 3 months’ interest on the amount withdrawn.
• Flexible terms: Western Alliance Bank offers CDs with terms ranging from 3 months to 5 years, so you can choose the term that best fits your needs.

Pros:

• High interest rates: OceanFirst Bank’s CD rates are competitive with other banks. For example, the bank’s 13-month CD currently offers a promotional rate of 5.15% APY, which is higher than the national average for 1-year CDs.
• FDIC coverage: FDIC insurance covers up to $250,000 per depositor per FDIC-insured bank.
• Easy online access: OceanFirst Bank’s online banking platform is easy to use and provides customers with 24/7 access to their accounts.
• The bank has a customer satisfaction rating of 4.3 out of 5 stars on Bankrate.com.

Rules:

• Minimum deposit: The minimum deposit for a CD at OceanFirst Bank is $10,000.
• Flexible terms: OceanFirst Bank offers CDs with a variety of terms, so you can choose one that fits your needs. Terms range from 6 months to 7 years.
• CD is automatically renewed for a 6-month term. The renewal rate is determined based on the published rate for the CD, excluding CD specials
• You must maintain the minimum balance requirement for the CD term in order to earn the advertised interest rate.
• If you withdraw funds from your CD before the maturity date, you may be subject to an early withdrawal penalty.
• Fees: There are no fees to open or maintain a CD at OceanFirst Bank. However, fees may reduce earnings.

Pros:

• High interest rates: Quontic Bank’s CDs offer some of the highest interest rates on the market. As of July 2023, Quontic Bank’s 1-year CD offers an APY of 5.30%, which is significantly higher than the national average of 1.59%.
• Flexible terms: Quontic Bank offers CDs with a variety of terms, so you can choose one that fits your needs. You can choose from terms of 6 months, 1 year, 2 years, 3 years, or 5 years.
• FDIC insured: Quontic Bank is FDIC insured, so your deposits are protected up to $250,000.
• Easy to open online: You can open a CD with Quontic Bank online in just a few minutes. This makes it a convenient option for people who want to open a CD without having to go to a bank branch.

Rules:

• Minimum deposit: The minimum deposit to open a CD with Quontic Bank is $500.
• Term length: CD terms range from 6 months to 5 years.
• No minimum balance requirement: Quontic Bank’s CDs have no minimum balance requirement, so you can start saving with as little as $500.
• Early withdrawal penalties: There is an early withdrawal penalty if you withdraw money from your CD before the maturity date. The penalty is equal to 3 months’ interest on the amount withdrawn.
• Quontic Bank offers online CD openings.

Pros:

• High CD interest rates: Ponce Bank offers competitive CD interest rates, especially on shorter-term CDs. For example, as of July 2023, the bank is offering a 3.00% APY on one-month CDs and a 3.50% APY on three-month CDs.
• Free checking accounts: Ponce Bank offers several free checking accounts, including a basic checking account and a premium checking account that offers features like free checks and ATM fee reimbursement.
• No monthly service fees.
• FDIC insured: Your deposits are FDIC insured up to $250,000 per depositor, for each account ownership category.
• Compounds interest monthly, not daily

Rules:

• Minimum deposit: The minimum deposit for a Ponce Bank CD varies depending on the term. For example, the minimum deposit for a 6-month CD is $500, and the minimum deposit for a 12-month CD is $1000.
• Early withdrawal penalty: There is an early withdrawal penalty for CDs at Ponce Bank. The penalty is equal to 6 months of interest, prorated based on the amount withdrawn and the remaining term of the CD.
• Term length: CD terms range from 1 months to 60 months.
• The account must meet the minimum balance requirements:  The minimum balance to open and obtain the APY for Certificates of Deposits (CDs) 1-6months is $500. The minimum balance to open and obtain the APY for CDs 12-60months is $1,000.

Pros:

• High APYs: Bread Savings offers competitive APYs on both its savings accounts and CDs. The current APY for the high-yield savings account is 4.90%, and the APY for CDs ranges from 5.00% to 4.35%.
• FDIC insured: Bread Savings is FDIC insured, so your deposits are protected up to $250,000.
• Minimal fees: Bread Savings has no monthly maintenance fees for either its savings accounts or CDs. There are also no fees for ACH transfers, online statements, or incoming wire transfers.
• Easy to use: Bread Savings’ website and mobile app are easy to use. You can easily open an account, deposit money, and transfer funds.

Rules:

• Minimum deposit: The minimum deposit to open a CD is $1500.
• APY: APYs vary depending on the term length. For example, the APY for a 12-month CD is 5.00%, while the APY for a 60-month CD is 4.35%.
• Deposit Amount : Maximum deposit limit of $1 million per account and $10 million limit per customer
• Term lengths: CD terms range from 12 months to 60 months.
• Early withdrawal penalties: There are early withdrawal penalties for CDs at Bread Savings.
• CD is automatically renewed for a 1,2, and 3 year Certificate of Deposit (CD).

Pros:

• Competitive rates: Vio Bank’s rates are some of the best in the nation, and they regularly monitor the competition to ensure that they stay competitive.
• Low minimum deposits: The minimum deposit to open a Vio Bank account is just $500.
• FDIC insured: Vio Bank is FDIC insured, so your money is protected up to $250,000.
• Interest is compounded daily, growing your money fast
• No brokered or institutional deposits

Rules:

• Minimum deposit: The minimum deposit to open a CD is $500.
• Term lengths: CD terms range from 6 months to 10 years.
• APY: APYs vary depending on the term length. For example, the APY for a 6-month CD is 5.20%, while the APY for a 10-year CD is 2.75%.
• Early withdrawal penalties: There are early withdrawal penalties if you withdraw money from your CD before the term ends.
• Vio Bank is a division of MidFirst Bank, and Vio Bank deposits are considered MidFirst Bank deposits.

Pros:

• High APYs: Bread Savings offers competitive APYs on both its savings accounts and CDs. The current APY for the high-yield savings account is 4.90%, and the APY for CDs ranges from 5.00% to 4.35%.
• FDIC insured: Bread Savings is FDIC insured, so your deposits are protected up to $250,000.
• Minimal fees: Bread Savings has no monthly maintenance fees for either its savings accounts or CDs. There are also no fees for ACH transfers, online statements, or incoming wire transfers.
• Easy to use: Bread Savings’ website and mobile app are easy to use. You can easily open an account, deposit money, and transfer funds.

Rules:

• Minimum deposit: The minimum deposit to open a CD is $1500.
• APY: APYs vary depending on the term length. For example, the APY for a 12-month CD is 5.00%, while the APY for a 60-month CD is 4.35%.
• Deposit Amount : Maximum deposit limit of $1 million per account and $10 million limit per customer
• Term lengths: CD terms range from 12 months to 60 months.
• Early withdrawal penalties: There are early withdrawal penalties for CDs at Bread Savings.
• CD is automatically renewed for a 1,2, and 3 year Certificate of Deposit (CD).

Pros:

• High interest rates: Quontic Bank’s CDs offer some of the highest interest rates on the market. As of July 2023, Quontic Bank’s 1-year CD offers an APY of 5.30%, which is significantly higher than the national average of 1.59%.
• Flexible terms: Quontic Bank offers CDs with a variety of terms, so you can choose one that fits your needs. You can choose from terms of 6 months, 1 year, 2 years, 3 years, or 5 years.
• FDIC insured: Quontic Bank is FDIC insured, so your deposits are protected up to $250,000.
• Easy to open online: You can open a CD with Quontic Bank online in just a few minutes. This makes it a convenient option for people who want to open a CD without having to go to a bank branch.

Rules:

• Minimum deposit: The minimum deposit to open a CD with Quontic Bank is $500.
• Term length: CD terms range from 6 months to 5 years.
• No minimum balance requirement: Quontic Bank’s CDs have no minimum balance requirement, so you can start saving with as little as $500.
• Early withdrawal penalties: There is an early withdrawal penalty if you withdraw money from your CD before the maturity date. The penalty is equal to 3 months’ interest on the amount withdrawn.
• Quontic Bank offers online CD openings.

Pros:

• High interest rates on CDs
• No early withdrawal penalty on some CDs
• FDIC insured
• Wide range of terms
• Easy to open an account

Rules:

• The minimum deposit for a CD at First IB is $1,000.
• The term of a CD at First IB can range from 3 months to 60 months.
• There is an early withdrawal penalty for CDs at First IB. The penalty is 6 months’ interest if the CD is withdrawn before maturity.

Pros:

• High interest rates on CDs
• No early withdrawal penalty on some CDs
• FDIC insured
• Wide range of terms
• Easy to open an account

Rules:

• The minimum deposit for a CD at Ally Bank is $25.
• The term of a CD at Ally Bank can range from 3 months to 60 months.
• There is an early withdrawal penalty for CDs at Ally Bank. The penalty is 6 months’ interest if the CD is withdrawn before maturity.