Best CD Rates in San Antonio, Texas

Pros:

• High interest rates: First Internet Bank offers some of the highest CD rates in the industry. As of July 2023, their highest APY for a 1-year CD is 5.35%.
• Low minimum deposit: The minimum deposit to open a CD with First Internet Bank is just $1,000.
• No monthly maintenance fees: First Internet Bank’s CDs do not have any monthly maintenance fees. This means that you can keep your money in a CD without having to worry about paying any extra fees.
• FDIC insured: First Internet Bank is FDIC insured, which means that your money is protected up to $250,000.
• Free overdraft protection: First Internet Bank offers free overdraft protection, which allows you to overdraft your account up to $200 without being charged a fee.

Rules:

• Minimum deposit: The minimum deposit to open a CD with First Internet Bank is $1,000.
• Term length: CD terms range from 3 months to 5 years.
• Early withdrawal penalty: There is an early withdrawal penalty if you withdraw money from your CD before the term ends. The penalty is 180 days’ interest on the amount withdrawn.
• Compounding: Interest on First Internet Bank CDs compounds monthly. This means that your interest earnings are added to your account balance each month, and then you earn interest on the interest.
• First Internet Bank does not issue monthly or annual statements for CD accounts.

Pros:

• High interest rates: Bank5 Connect’s savings accounts and CDs offer above-average yields, compared to other online banks. For example, the bank’s 1-year CD currently earns 4.25% APY.
• Low minimum balance requirements: The minimum balance required to open a savings account is just $10, and there is no monthly maintenance fee. The minimum balance required to open a checking account is $10, and there is no monthly maintenance fee.
• The bank is FDIC insured. This means that your deposits are protected up to $250,000.
• Easy to use online banking platform: The Bank5 Connect online banking platform is easy to use and navigate.
• Flexibility. Bank5 Connect offers a variety of CD terms, so you can choose one that fits your needs.

Rules:

• Minimum deposit: The minimum deposit required to open a CD varies depending on the term. For example, the minimum deposit for a 1-year CD is $500, while the minimum deposit for a 36-Month CD is $500.
• Flexible terms: Bank5 Connect’s offers CDs with a variety of terms, so you can choose one that fits your needs. Terms range from 6 months to 3 years.
• No monthly fees: Bank5 Connect’s savings accounts and checking accounts do not charge any monthly fees.

Pros:

• High interest rates: INOVA’s CDs currently offer some of the highest interest rates in the market. For example, their 15-month CD currently earns an APY of 5.75%, which is significantly higher than the national average of 2.1%.
• Low minimum deposit: The minimum deposit to open a CD with INOVA is $200. This makes it a great option for people who are looking to save a small amount of money.
• Flexible terms: INOVA offers CDs with terms ranging from 1 month to 6 years. This gives you the flexibility to choose a term that fits your needs.
• Convenient access: You can also access your funds easily through INOVA’s online banking system or mobile app.

Rules:

• Minimum deposit: The minimum deposit for a CD at INOVA is $200.
• Term length: The term length for a CD at INOVA ranges from 1 month to 6 years.
• Early withdrawal penalties: There is an early withdrawal penalty for CDs at INOVA.
• CDs are a safe investment. Your deposits are federally insured by the National Credit Union Administration (NCUA) up to $250,000.
• Rates are subject to change without notice

Pros:

• High interest rates: Garden Savings Federal Credit Union currently offers some of the highest CD rates on the market. For example, their 13-month Certificate Special has an APY of 5.50%, which is significantly higher than the national average.
• No monthly service fees: Many credit unions, including Garden Savings, do not charge monthly service fees on checking accounts.
• Insured deposits. Your deposits at Garden Savings Federal Credit Union are insured by the National Credit Union Administration (NCUA) up to $250,000.

Rules:

• Minimum deposit: The Garden Savings Federal Credit Union requires a minimum of $1,000 to open a CD, and a minimum of $1,000 for new money from outside institutions.
• APY: The APY (annual percentage yield) for CDs at Garden Savings Federal Credit Union varies depending on the term length. For example, the APY for a 3-month CD is 1.75%, while the APY for a 5-year CD is 3.61%.
• Term length: CD terms at Garden Savings Federal Credit Union range from 1 month to 5 years.
• Early withdrawal penalties: There is an early withdrawal penalty if you withdraw money from your CD before the term ends. The penalty is 180 days’ interest on the amount withdrawn.

Pros:

• High CD rates: Credit Human offers some of the highest CD rates in the industry. For example, their 1-year CD currently has an APY of 5.00%.
• Federally insured: Your deposits at Credit Human are insured by the National Credit Union Administration (NCUA) up to $250,000.
• Automatic renewal. Your CD will automatically renew at maturity unless you tell Credit Human otherwise. This can help you avoid having to make a decision about your money when your CD matures.
• Easy to use: Credit Human’s online banking platform is easy to use and navigate.

Rules:

• Minimum deposit: The minimum deposit amount for a CD at Credit Human is $500.
• Flexible terms. Credit Human offers CDs with terms ranging from 3 months to 10 years, so you can choose the one that best fits your needs.
• The interest rate you earn on a CD will depend on the term of the CD and the current market rates.
• The interest rates on Credit Human CDs are variable, so they can change over time.
• Early withdrawal penalties. There is an early withdrawal penalty if you withdraw your funds from a CD before the term is over.

Pros:

• Competitive interest rates: Frost CDs offer competitive interest rates, especially for short-term CDs. For example, as of July 2023, Frost offers a 4.41% APY on a 180-day CD.
• FDIC insured: Frost Bank is FDIC insured, so your money is protected up to $250,000 per depositor.
• Convenient access: Frost CDs can be opened online or at a Frost Bank branch. You can also manage your CD account online or through the Frost Mobile Banking app.(if you have a Frost checking account)
• Flexible terms: Frost Bank offers CDs with terms ranging from 3 months to 2 years, so you can choose the term that best fits your needs.

Rules:

• Minimum deposit: The minimum deposit for a Frost CD varies depending on the term. For example, the minimum deposit for a 180-day CD is $1,000.
• Early withdrawal penalty: If you withdraw money from your Frost CD before maturity, you may be subject to an early withdrawal penalty. The penalty amount depends on the term of the CD.
• Automatic renewal: Frost CDs automatically renew at maturity. However, you can choose to opt out of automatic renewal. If you do, your CD will be closed and your money will be transferred to your checking account.
• Compounding: Interest on Frost Bank CDs compounds monthly. This means that your interest earnings are added to your account balance each month, and then you earn interest on the interest.

Pros:

• High CD rates: Credit Human offers some of the highest CD rates in the industry. For example, their 1-year CD currently has an APY of 5.00%.
• Federally insured: Your deposits at Credit Human are insured by the National Credit Union Administration (NCUA) up to $250,000.
• Automatic renewal. Your CD will automatically renew at maturity unless you tell Credit Human otherwise. This can help you avoid having to make a decision about your money when your CD matures.
• Easy to use: Credit Human’s online banking platform is easy to use and navigate.

Rules:

• Minimum deposit: The minimum deposit amount for a CD at Credit Human is $500.
• Flexible terms. Credit Human offers CDs with terms ranging from 3 months to 10 years, so you can choose the one that best fits your needs.
• The interest rate you earn on a CD will depend on the term of the CD and the current market rates.
• The interest rates on Credit Human CDs are variable, so they can change over time.
• Early withdrawal penalties. There is an early withdrawal penalty if you withdraw your funds from a CD before the term is over.

Pros:

• High interest rates: SAFCU’s CD rates are competitive with other credit unions and banks.
• Federally insured: Your deposits at SAFCU’s are insured by the National Credit Union Administration (NCUA) up to $250,000.
• Flexible terms: SAFCU offers CDs with a variety of terms, so you can choose one that fits your investment goals.
• Interest rate: The interest rate on a CD is the amount of money you earn on your investment. The interest rate is typically higher for longer terms.
• Friendly and helpful customer service: SAFCU has a reputation for providing friendly and helpful customer service.

Rules:

• Minimum deposit: The minimum deposit requirement for a SAFCU CD varies depending on the term. For example, the minimum deposit for a 1-year CD is $1000, while the minimum deposit for a 5-year CD is $1,000.
• Term: The term of a CD is the length of time you agree to keep your money invested. SAFCU offers CDs with terms ranging from 1 month to 5 years.
• Early withdrawal penalties: There are early withdrawal penalties if you withdraw funds from your CD before the term matures.
• You must be a member of SACFU in order to open a CD.
• Interest compounding: Interest on CDs with SACFCU compounds monthly.

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 CD rates: Credit Human offers some of the highest CD rates in the industry. For example, their 1-year CD currently has an APY of 5.00%.
• Federally insured: Your deposits at Credit Human are insured by the National Credit Union Administration (NCUA) up to $250,000.
• Flexible terms. Credit Human offers CDs with terms ranging from 3 months to 10 years, so you can choose the one that best fits your needs.
• Easy to use: Credit Human’s online banking platform is easy to use and navigate.

Rules:

• Minimum deposit: The minimum deposit amount for a CD at Credit Human is $500.
• The interest rate you earn on a CD will depend on the term of the CD and the current market rates.
• The interest rates on Credit Human CDs are variable, so they can change over time.
• Early withdrawal penalties. There is an early withdrawal penalty if you withdraw your funds from a CD before the term is over.
• Automatic renewal. Your CD will automatically renew at maturity unless you tell Credit Human otherwise. This can help you avoid having to make a decision about your money when your CD matures.