Best CD Rates in Phoenix, Arizona

Pros:

• FDIC Approved Bank
• Terms available from 6-24 months
• Top-tier APY rate with secured return guaranteed
• Customer-friendly terms

Rules:

• New customers have to open an account with the bank before investing in Bask Bank’s CDs.
• CDs can be opened at the bank as well as online
• The minimum deposit amount of $1000 must be deposited to the account within 10 days of account opening
• Early withdrawal is subject to a penalty.
• Investors can withdraw the interest credited to the account without any penalty.
• There is a 10 days grace period after maturity to make additional deposits to the CD.

Pros:

• High-yield certificate of deposits
• FDIC-insured investment up to maximum
• 24/7 access to the account
• Term options available from 3 months to 60 months
• Excellent customer support

Rules:

• CDs can be opened in the name of one person, or joint accounts in the names of more than one person, or payable on death.
• Once the CD is registered, a Truth-in-Savings disclosure with detailed information about the account is provided to the customer.
• Interest earned is credited to the account monthly on the very date the account was opened.

Pros:

• NCUA insured institution
• CD terms range from 6 months to 5 years
• No monthly service fees
• Best CD rates available for 6 month CD
• Relationship reward benefits of up to an additional 0.25% APY
• additional 0.10% APY on opening an account with a $25000 initial deposit

Rules:

• The dividends are credited directly to the CD or can be transferred to a savings or checking account as per the choice of the customer
• There is additional.25% APY offered under Relationship reward benefits for Gold, Silver, or Bronze status
• No additional funds can be deposited to the CD during the CD term. However, a grace period of 10 days on maturity allows you to make any such transaction.
• Interest on CD is deposited to the account monthly

Pros:

• Top-tier interest rates
• Very reasonable minimum amount to open a CD
• Easy access to the account through the CFG Mobile Money app
• FDIC-insured bank  maximum

Rules:

• CD accounts can be opened online as well as in the branch.
• The minimum amount to open a CD with the bank is $ 500 whereas the maximum investment allowed is $250000.
• Any withdrawal from the account before maturity is subject to a penalty
• 7-day interest penalty on withdrawing any amount within 7 days of account opening
• Interest is accrued and transferred to the account monthly

Pros:

• One of the top-most APY CD account
• CD terms available from 3 months to 60 months
• FDIC-insured bank with maximum coverage for CDs
• All-time account access with customer support

Rules:

• Option to open CDs in the name of one person, or joint accounts in the names of more than one person, or payable-on-death.
• Customers receive a Truth-in-Savings disclosure with detailed account information on opening the account.
• Interest is accrued and added to the account monthly on the same date, preferably the one on which the account was opened.

Pros:

• Online-only CD options are available
• Highly competitive CD rates in a 1-year term
• Early withdrawal penalties are decent
• FDIC-insured bank with investment covered to the max
• Terms ranging from 3 months to 5 years

Rules:

• Interest on CDs is compounded monthly and added to the account at the month’s end.
• Early withdrawal incurs a penalty amounting to:
• 1- 90 days interest for a 3-month term
• 2- 180 days interest for a 6-18 month term
• 3- 365 days interest for 24-60 month term

Pros:

• The highest rate of interest as compared to the national average
• Nationwide availability
• Insured by National Credit Union Administration (NCUA) to at least $250,000

Rules:

• A CD account can be opened online and within 3 business days is set for banking.
• Dividends on CDs are compounded quarterly and added to the account at the end of every quarter
• Customers can also receive the dividends by check
• An early withdrawal penalty is imposed based on the term of the CD.

Pros:

• The bank offers 1 year to 5 years CD options
• APY rate is high with a decent minimum balance
• Competitive deposit rates in the entire country
• Easy and user-friendly account opening process
• FDIC insured

Rules:

• Online and at-branch CD opening options are available with the bank.
• A CD investment has both minimum and maximum investment cap amounting to $ 500 and $250000 respectively.
• Premature withdrawal from the account earns a penalty.
• Any amount withdrawn within 7 days of account opening incurs a 7-day interest penalty
• Interest is compounded monthly and transferred to the account at months end

Pros:

• Top-tier interest rates in CDs
• A decent minimum balance amount
• Secure banking over the telephone, online, or at the branch
• FDIC insured bank

Rules:

• CDs can be closed or funds can be withdrawn by contacting the branch.
• The amount is transferred to a BMO account or paid via check.
• There are no monthly maintenance fees, only a penalty charged on early withdrawal of the amount.
• A notice is sent to the CD holder when it matures and there is a grace period of 10 days to add more funds or withdraw the CD before it gets auto-renewed.

Pros:

• 6,12 and 24 months CD options available
• Highest APY on 2-year CD nationwide
• Quick and easy account opening process
• $0 Liability Online Coverage
• FDIC-insured investment with auto-renew feature

Rules:

• A CD account can be opened online. The bank also offers telephonic assistance for the process.
• Once the application is approved, the CD starts earning interest on the funds.
• Interest is compounded daily and added to the account at the end of every month.
• The CD is auto-renewed at maturity after a grace period if not consumed or altered to a new term.

Pros:

• Low minimum deposit with no cap on the maximum deposit amount
• NCUA-insured investment options
• Varied CD terms ranging from 12 months to 60 months
• Dividend withdrawal method for monthly dividend earning

Rules:

• Alliant members can open a CD through online banking. The credit union also offers telephonic assistance for opening an account.
• Anu changes to the term and amount of the CD can be made only on maturity.
• Dividends are posted monthly on every last day of the month as well as at maturity.
• Early withdrawal leads to a penalty that depends on the term and amount of the CD.

Pros:

• Investors can apply for applying for our 6, 12, or 24-month CD with the bank
• Quick and easy account opening through an online portal
• $0 Liability Online
• FDIC-insured investment to the maximum permitted by law
• Easy online management through personal internet banking

Rules:

• Anyone who is a resident of the USA and 18 years old can open a CD account
• The bank notifies the investor once the account is open.
• Effective APY and rate of interest are offered based on when the account was opened and funded
• The CD is automatically renewed on the same terms at maturity. To change the term or add funds, customers must reach the bank.

Pros:

• Range of periods and guaranteed CD interest rate
• Automatic renewal option
• FDIC insured banking
• No monthly maintenance fees

Rules:

• CD is opened with a minimum amount of $2500.
• The investor can request interest disbursement monthly, quarterly, yearly, or at maturity.
• There is an early termination penalty: 90 days of interest for CDs with a term less than 12 months and 180 days of interest for CDs with terms more than 12 months
• More amounts can be added to the CD during the grace period.

Pros:

• Highly competitive rates
• Instant account opening process
• Easy options available to invest in a CD ladder
• The maximum deposit limit per account is set at $1 million and per customer at $10 million

Rules:

• The interest on CD is accrued and compounded daily and added to the account at the end of the month.
• There are no maintenance fees and customers can check their progress through online banking
• The CD gets auto-renewed after 10 days of grace period post maturity.
• Customers can add more money or change the terms of the CD during

Pros:

• Highly competitive rates for 6-months CDs
• 24/7 access to the bank account
• No hidden fees or charges
• Customer support for all sorts of queries and concerns
• FDIC-insured bank up to maximum

Rules:

• APY can be earned assuming the interest and the principal remains on deposit until maturity.
• Interest is compounded monthly and added to the account at the end of the month.
• Early withdrawal fetches a penalty and there is a grace period after maturity to add additional funds to the CD

Pros:

• Exclusive online CD options are available
• Low early withdrawal penalty
• Best rates in the market for 5 years CDs
• FDIC insured bank

Rules:

• The interest is compounded and added to the account monthly.
• Early withdrawal is subject to a penalty amounting to:
• 1- 90 days interest for a 3-month term
• 2- 180 days interest for a 6-18 month term
• 3- 365 days interest for 24-60 month term