Finding a good CD rate can feel difficult, especially when there are so many options. We’re here to help, with our list of the best CD rates in Idaho.

Find the best banks in Idaho.

4.0
Our Rating

Bank or Credit Union Name: CommunityWide Federal Credit Union

Minimum Amount: $1000.00

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 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
4.0
Our Rating

Bank or Credit Union Name: Quontic Bank

Minimum Amount: $500.00

APY Rate: 2.25% APY

Pros:

  • High-interest rates.
  • Offer mobile and online banking.
  • Access to more than 99,000 surcharge-free ATMs.
  • Competitive interest rates on checking, savings, and CDs

Rules:

  • FDIC insured and protected
  •  If the account is closed before interest is credited
  • Must have a Bank account for online banking
  • Withdrawals before the maturity date are subject to penalties
4.0
Our Rating

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
4.0
Our Rating

Bank or Credit Union Name: Synchrony Bank

Minimum Amount: $0.00

APY Rate: 3.50% APY

Pros:

  • No minimum balance
  • Easiest penalty terms
  • CD ladder strategy to avoid penalty
  • Interest can be withdrawn anytime without penalty, which helps make this one of the best CD rates in Idaho
  • 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.
4.0
Our Rating

Bank or Credit Union Name: NASA Federal Credit Union

Minimum Amount: $1000.00

APY / Rate: 1.93% APY

Pros:

  • No foreign transaction fee.
  • A fixed, competitive annual percentage rate
  • No need to reapply for new funding for additional school terms

Rules:

  • Penalties apply on early withdrawal and may reduce earnings.
  • Dividends are compounded and credited on a monthly basis
  • Average daily balance method
4.0
Our Rating

Bank or Credit Union Name: Popular Direct

Minimum Amount: $10,000.00

APY Rate: 3.35% APY

Pros:

  • One of the highest APY
  • 24X7 account access
  • FDIC insured deposits
  • 24/7 customer support

Rules:

  • A 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 the month.
  • Premature withdrawals are exposed to penalty

Best 12 -Month CD Rates in Idaho

4.0
Our Rating

Bank or Credit Union Name: Blue FCU

Minimum Amount: $1

APY / Rate: 4.60% APY

Pros:

  • No monthly fee, ATM charges & minimum deposit needed
  • Pay bills to anyone through the United States
  •  Offers an annual percentage yield of up to 2%

Rules:

  • Limit one per social security number.
  • A minimum daily balance of $25.00 is required to earn dividends.
  • The rate changes once the balance exceeds $5,000.
  • Dividends are compounded daily and paid quarterly.
4.0
Our Rating

Bank or Credit Union Name: CommunityWide FCU

Minimum Amount: $1.000.00

APY / Rate: 3.50% APY

Pros:

  • NCUA Insured to at least $250,000
  •  Dividends can be compounded in certificates / deposited to another share/ transferred to another institution
  • ¬†Option to renew on 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
4.0
Our Rating

Bank or Credit Union Name: Bread Savings

Minimum Amount: $1500

APY / Rate: 4.00% APY

Pros:

  • Excellent for earning a competitive interest rate on a savings account or CD, making this one of the best CD rates in Idaho.
  • Without monthly services.
  • Free domestic incoming wire transfers on savings account

Rules:

  • APYs are subject to change at any time without notice
  •  The penalty will be applied for early withdrawals on CDs
  • At maturity, your CD will automatically renew and earn the base interest rate
4.0
Our Rating

Bank or Credit Union Name: First National Bank of America

Minimum Amount: $1000.00

APY Rate: 3.95% APY

Pros:

  • Competitive APYs on online CDs and high-yield savings accounts
  • Fee-free access to 55,000 all ATM networks.
  • Digital banking access online and via an app

Rules:

  • Interest rates and APYs are subject to change without notice.
  • Early withdrawal will reduce earnings and impose the penalty
  • APY on all services will remain deposited until maturity.
4.0
Our Rating

Bank or Credit Union Name: PenFed Credit Union

Minimum Amount: $1000.00

APY / Rate: 3.50% APY

Pros:

  • High-yield checking account with simple monthly fee waivers
  • Online savings account with a high dividend yield
  • Opening checking and savings accounts require a low minimum deposit.

Rules:

  • Dividends are calculated using simple interest.
  • Monthly dividends are paid on CD rates.
  • Restricted to those with close ties to the military and the federal government
4.0
Our Rating

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

Best 2-Year CD Rates Idaho

4.0
Our Rating

Bank or Credit Union Name: Skyla Credit Union

Minimum Amount: $500.00

APY Rate: 4.75% APY

Pros:

Rules:

  • The dividend is compounded and credited on a monthly basis
  • Complete the term to avoid penalties
4.0
Our Rating

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
4.0
Our Rating

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
4.0
Our Rating

Bank or Credit Union Name: First National Bank of America

Minimum Amount: $1000.00

APY / Rate: 4.00% APY

Pros:

  • Competitive APYs on online CDs and high-yield savings accounts
  • Fee-free access to 55,000 all ATM networks.
  • Digital banking access online and via an app

Rules:

  • Interest rates and APYs are subject to change without notice.
  • Early withdrawal will reduce earnings and impose the penalty
  • APY on all services will remain deposited until maturity.

Best 3-Year CD Rates Idaho

4.0
Our Rating

Bank or Credit Union Name: Quontic Bank

Minimum Amount: $500.00

APY / Rate: 3.75% APY

Pros:

  • High-interest rates.
  • Offer mobile and online banking.
  • Access to more than 99,000 surcharge-free ATMs.
  • Competitive interest rates on checking, savings, and CDs

Rules:

  • FDIC insured and protected
  •  If the account is closed before interest is credited
  • Must have a Bank account for online banking
  • Withdrawals before the maturity date are subject to penalties
4.0
Our Rating

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
4.0
Our Rating

Bank or Credit Union Name: PenFed Credit Union

Minimum Amount: $1000.00

APY / Rate: 4.35% APY

Pros:

  • Easy online and mobile access.
  • Checking account dividends are compounded daily and paid monthly
  • 85,000 free ATM network access nationwide.
  • Competitive APY rates.

Rules:

  • NCUA insured.
  • Rates are the same and are subject to change.
  • Penalties applied for early withdrawal.
  • The penalty will be 30% of the gross amount of dividends after 365 days of the open date.
4.0
Our Rating

Bank or Credit Union Name: Synchrony Bank

Minimum Amount: $0

APY / Rate: 4.26% APY

Pros:

  • You can earn a high yield.
  • SAfe CDs with low-risk involvement.

Rules:

  • More than 1 year but less than 4 years penalty applied for 180 days of simple interest
  • Deposit accounts are insured up to $250,000 per ownership category.

Best 5-Year CD Rates Idaho

4.0
Our Rating

Bank or Credit Union Name: Bread Savings

Minimum Amount: $1500

APY / Rate: 4.25% APY

Pros:

  • $1,500 minimum opening deposit
  • FDIC insured
  • Zero service charges
  • Interest Accrued and compounded daily & Credited and posted monthly

Rules:

  • APYs are subject to change at any time without notice
  • The penalty will be applied for early withdrawals on CDs
  • The penalty is calculated based on 365 days of simple interest.
  • $25 per outgoing wire transfer
  • Auto-renew at maturity or cash out without penalty within the 10-day grace period
4.0
Our Rating

Bank or Credit Union Name: Popular Direct

Minimum Amount: $10000

APY Rate: 4.35% APY

Pros:

  • No monthly fees on savings account
  • Competitive rates on savings and CDs
  • Access your account 24/7 from desktop or mobile.
  • All deposits are FDIC insured.

Rules:

  • Penalty is 730 days of simple interest
  • Interest earned may vary
  • fees may reduce the aggregate balance on the account.
  • minimum deposit of $10,000 is required for all CDs.
4.0
Our Rating

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.
4.0
Our Rating

Bank or Credit Union Name: PenFed Credit Union

Minimum Amount: $1000.00

APY / Rate: 3.65 % APY

Pros:

  • High-yield checking account with easy-to-waive monthly fees
  • Opening checking and savings accounts require a low minimum deposit.
  • Online savings account with a competitive dividend rate

Rules:

  • On early withdrawal, account earnings will be reduced.
  • Require a written notice of up to 60 days of the intention to withdraw funds
4.0
Our Rating

Bank or Credit Union Name: First National Bank of America

Minimum Amount: $1000.00

APY Rate: 4.25% APY

Pros:

  • Competitive APYs on online CDs and high-yield savings accounts
  • Fee-free access to 55,000 all ATM networks.
  • Digital banking access online and via an app

Rules:

  • Interest rates and APYs are subject to change without notice.
  • Early withdrawal will reduce earnings and impose the penalty
  • APY on all services will remain deposited until maturity.