Best CD Rates in Los Angeles, California
Vikram Singh
Best 6-Month CD Rates

Bank or Credit Union Name: CommunityWide FCU
Minimum Amount: $1.000.00
APY / Rate: 3.25% APY
Pros:
- NCUA Insured to at least $250,000
- Dividend can be compounded in certificates / deposited to another share/ transferred to another institution
- Option to renew on the maturity
Rules:
- Any withdrawal before maturity is charged with a penalty
- Penalty= amount of the withdrawal x the remaining term (days) of the certificate at the rate of 2x the current APR (divided by 365)
- Dividends are paid at the end of the month

Bank or Credit Union Name: Quontic Bank
Minimum Amount: $500.00
APY / Rate: 2.25% APY
Pros:
- Instant account opening
- Low minimum balance
- FDIC insured
Rules:
- Interest is compounded daily and credited to the account at the end of every month
- A periodic rate is applied to the balance (principal + interest) in the account
- CD can be withdrawn upon maturity within 10 days after which, it is automatically renewed on the same terms.

Bank or Credit Union Name: PenFed Credit Union
Minimum Amount: $1,000.00
APY / Rate: 2.00% APY
Pros:
- Easy renewal without any conditions
- Can be accessed at the branch, mobile or online
- Insured by NCUA insurance
Rules:
- Dividends are calculated on a simple interest basis
- Monthly dividends are paid on CD maturity

Bank or Credit Union Name: NASA Federal Credit Union
Minimum Amount: $1,000.00
APY / Rate: 4.00% APY
Pros:
- Hassle-free account opening
- FDIC insured
- Easy renewal
Rules:
- Dividends are compounded and credited on a monthly basis
- Average daily balance method is applied
- There is a penalty for early withdrawal

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0.01
APY / Rate: 3.25% APY
Pros:
- No minimum balance
- Easiest penalty terms
- CD ladder strategy to avoid penalty
- Interest can be withdrawn anytime without penalty
- FDIC insured up to $250,000
Rules:
- Interest is calculated monthly and credited to the account at the end of the month
- Penalty on premature withdrawal.
Best 12-Month CD Rates

Bank or Credit Union Name: Blue FCU
Minimum Amount: $1.00
APY / Rate: 4.60% APY
Pros:
- Nationwide available bank
- No penalty for early withdrawal
- Can withdraw after 7 days of the opening date
- FDIC insured
Rules:
- Interest is compounded daily and credited to the account at the end of the month

Bank or Credit Union Name: Bread Savings
Minimum Amount: $1,500.00
APY / Rate: 4.00% APY
Pros:
- $1 million per account and $10 million limit per customer maximum deposit limit
- No hidden fees
- Free monthly maintenance
- Auto-renew facility available
Rules:
- Interest is accrued and compounded on daily basis and credited to the account every month

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0.00
APY / Rate: 4.01% APY
Pros:
- No minimum balance
- Easiest penalty terms
- Interest can be withdrawn anytime without penalty
- FDIC insured up to $250,000
Rules:
- Monthly Interest is calculated and credited to the account at the end of the month
- A penalty is charged if you withdraw prematurely

Bank or Credit Union Name: Marcus by Goldman Sachs
Minimum Amount: $500.00
APY / Rate: 4.00% APY
Pros:
- Hasslefree and Instant account opening
- Customer support avail all seven days of a week
Rules:
- CD rate can change at any time and hence customers are required to check the prevailing rates
- Interest is added to the principal at every month’s end
- It can be withdrawn without any penalty

Bank or Credit Union Name: Capital One
Minimum Amount: $0.00
APY / Rate: 4.00% APY
Pros:
- No minimum balance required
- FDIC insured investment
- No risk investment
- Account opening in just 5 minutes
Rules:
- Interest is accrued daily and compounded on a monthly basis and can be withdrawn on the end of term, monthly, or annual basis.
Best 2-Year CD Rates

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0.01
APY / Rate: 4.26% APY
Pros:
- No minimum balance
- Low penalty on early withdrawal
- Anytime interest withdrawal without penalty
- FDIC insured up to $250,000
Rules:
- Interest is calculated on a monthly basis and credited to the account at end of every month
- Premature withdrawal is charged with a penalty

Bank or Credit Union Name: Marcus by Goldman Sachs
Minimum Amount: 4.25% APY
APY / Rate: $500.00
Pros:
- Instant account opening
- Low minimum balance requirements
- All seven days of customer support
Rules:
- Interest is accrued daily and compounded at the end of the month
- No penalty withdrawal is available on the interest amount

Bank or Credit Union Name: Skyla Credit Union
Minimum Amount: $500.00
APY / Rate: 4.50% APY
Pros:
- Low minimum balance requirement
- Insured up to $500,000 by National Credit Union Administration (NCUA) and Excess Share Insurance Corporation (ESI)
- No monthly fees
Rules:
- The dividend is compounded and credited on a monthly basis
- Complete the term to avoid penalties

Bank or Credit Union Name: Genisys Credit Union
Minimum Amount: $500.00
APY / Rate: 4.58% APY
Pros:
- A low minimum balance is required to open an account
- Higher APY than most of the banks
- Hassle-free account opening
Rules:
- Maintain a minimum balance of $500 to earn the interest
- Interest is compounded and credited to the account on a monthly basis.

Bank or Credit Union Name: KS State Bank
Minimum Amount: $500.00
APY / Rate: 4.94% APY
Pros:
- A low minimum balance required
- Best Apy rates
- FDIC insured
Rules:
- Interest starts accruing from the first business day after the deposit is made.
- It is calculated as per the daily balance method
- Interest is compounded and credited to the account on a quarterly basis
Best 3-Year CD Rates

Bank or Credit Union Name: Bread Savings
Minimum Amount: $1,500.00
APY / Rate: 4.00% APY
Pros:
- Hassle-free account opening
- Best reinvestment options available
- $1 million per account and $10 million limit per customer maximum deposit limit
- No hidden fees
- Free monthly maintenance
- Auto-renew facility available
Rules:
- Interest is accrued and compounded on daily basis and credited to the account on a monthly basis

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0.01%
APY / Rate: 4.26% APY
Pros:
- No minimum balance
- Minimum penalty on early withdrawal
- Interest can be withdrawn anytime without penalty
- FDIC insured up to $250,000
Rules:
- Monthly Interest calculation and account credit
- No minimum balance is required to earn the interest
- A penalty amount is charged on early withdrawals

Bank or Credit Union Name: First National Bank of America
Minimum Amount: $1,000.00
APY / Rate: 4.10% APY
Pros:
- High APY and interest rates
- Easy account opening procedure
- FDIC insured
- BBB accredited business
Rules:
- You must maintain a minimum balance of $1000 to earn APY
- Interest is added to the account every end of month

Bank or Credit Union Name: Barclays
Minimum Amount: $0.00
APY / Rate: 4.15% APY
Pros:
- Easy fund transfer
- No minimum balance
- No monthly fees
Rules:
- Fund the account within 14 days of opening to make it functional
- To earn interest ensure $0.01 at all times

Bank or Credit Union Name: Capital One
Minimum Amount: $0.00
APY / Rate: 4.15% APY
Pros:
- No minimum balance required
- FDIC insured investment
- No risk investment
- Instant account opening
Rules:
- No minimum balance is required to earn an interest
- The interest is compounded monthly and credited to the account
- You can withdraw the interest at anytime of the term without any penalty or fee
Best 5-Year CD Rates

Bank or Credit Union Name: Bread Savings
Minimum Amount: $1,500.00
APY / Rate: 4.25% APY
Pros:
- $1 million per account and $10 million limit per customer maximum deposit limit
- No hidden fees
- Free monthly maintenance
- Auto renew facility available
Rules:
- Interest is accrued and compounded on daily basis and credited to the account on monthly basis

Bank or Credit Union Name: Popular Direct
Minimum Amount: $10,000.00
APY / Rate: 4.35% APY
Pros:
- One of the highest APY
- 24X7 account access
- FDIC insured deposits
- 24/7 customer support
Rules:
- Minimum balance of $10000 must be maintained in the account to earn interest
- Interest is accrued and compounded monthly and transferred to the account at the end of month.
- Premature withdrawal are exposed to penalty

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0.00
APY / Rate: 4.26% APY
Pros:
- Best APY rate
- No minimum balance required
- High yield savings options
- No penalty on premature interest withdrawal
- 10 days grace period after maturity to add more funds to the CD
Rules:
- The interest is compounded monthly and added to the account at the end of the month.
- There is no minimum balance required to earn interest.
- Also no penalty on premature withdrawals.

Bank or Credit Union Name: Barclays
Minimum Amount: $0.00
APY / Rate: 4.25% APY
Pros:
- One of the biggest banks in America
- No minimum balance required
- Easy fund transfer
- No monthly fees
Rules:
- Fund must be added to the account within 14 days of opening
- To earn interest minimum $0.01 balance must be maintained
- Interest is compounded on monthly basis

Bank or Credit Union Name: Capital One
Minimum Amount: 0.00
APY / Rate: 4.25% APY
Pros:
- No minimum balance
- FDIC insured investment
- No risk investment
- 5 minutes account opening facility
Rules:
- Daily interest accrual which is monthly compounded and credited to the account
- The interest can be withdrawn on the end of term, monthly or annually basis.