U.S. Bank CD rates vary by location, term and product, and the spread between its standard CDs and its specials is wide. In the ZIP code we track, a standard 12-month CD pays 0.05% APY, while the 12-month CD Special pays 3.00% APY. We update these rates weekly from U.S. Bank’s own rate data.
U.S. Bank CDs at a glance
- Top rate
- 3.25% APY on a 6-month CD Special
- Terms
- 1 month to 5 years
- Minimum deposit
- $500 (varies by CD)
- CD types
- Standard, Special rate, Bump-up, Jumbo
- Early withdrawal penalty
- 30 to 365 days of interest, by term
- Insurance
- FDIC, up to $250,000
Rates checked Sep 17, 2026 against U.S. Bank's own rate page. We check weekly and accept no paid placements.
- U.S. Bank prices CDs by market, so your rate may differ from the reference ZIP code shown in the tables.
- The CD Special carries U.S. Bank’s best rates. It requires $1,000 to open and is limited to new CD clients.
- Standard CDs open with $500, and the Trade Up CD allows one rate increase during the term.
- For comparison, the FDIC national average on a 12-month CD is 1.71% APY.
U.S. Bank CD rates today
Each U.S. Bank CD has its own table below. Where rates vary by balance, the table shows the tier that includes $25,000, or the lowest tier for products with a higher minimum.
| Term | APY | Min deposit | Rate last changed |
|---|---|---|---|
| 1-month | 0.05% APY | $500 | – |
| 2-month | 0.05% APY | $500 | – |
| 3-month | 0.05% APY | $500 | – |
| 6-month | 0.05% APY | $500 | – |
| 9-month | 0.05% APY | $500 | – |
| 12-month | 0.05% APY | $500 | – |
| 18-month | 0.05% APY | $500 | – |
| 2-year | 0.05% APY | $500 | – |
| 3-year | 0.10% APY | $500 | – |
| 4-year | 0.15% APY | $500 | – |
| 5-year | 0.25% APY | $500 | – |
| Term | APY | Min deposit | Rate last changed |
|---|---|---|---|
| 6-month | 3.25% APY | $1,000 | – |
| 9-month | 3.15% APY | $1,000 | – |
| 12-month | 3.00% APY | $1,000 | – |
| Term | APY | Min deposit | Rate last changed |
|---|---|---|---|
| 30-month | 0.10% APY | $1,000 | – |
| 5-year | 0.40% APY | $1,000 | – |
| Term | APY | Min deposit | Rate last changed |
|---|---|---|---|
| 1-month | 0.05% APY | $250,000.01 | – |
| 2-month | 0.05% APY | $250,000.01 | – |
| 3-month | 0.05% APY | $250,000.01 | – |
| 6-month | 0.05% APY | $250,000.01 | – |
| 9-month | 0.05% APY | $250,000.01 | – |
| 12-month | 0.05% APY | $250,000.01 | – |
| 18-month | 0.05% APY | $250,000.01 | – |
| 2-year | 0.05% APY | $250,000.01 | – |
| 3-year | 0.10% APY | $250,000.01 | – |
| 4-year | 0.15% APY | $250,000.01 | – |
| 5-year | 0.25% APY | $250,000.01 | – |
| Term | APY | Min deposit | Rate last changed |
|---|---|---|---|
| 6-month | 3.15% APY | $250,000.01 | – |
| 12-month | 3.05% APY | $250,000.01 | – |
A penalty may be imposed for early withdrawal.
U.S. Bank rates vary by location; shown for ZIP 60611 (Chicago, Illinois Metro). Where the rate depends on your balance, the table shows the tier that includes $25,000. Rate last changed is the as-of date of the first week we saw the current rate; a dash means it hasn't changed since we started tracking it. Deposits at FDIC-member banks are insured up to $250,000 per depositor, per ownership category.
U.S. Bank’s CD options
- CD Special. U.S. Bank’s top rates on a handful of terms, with a $1,000 minimum. The advertised rates are for new CD clients and do not apply to anyone who closed a U.S. Bank CD in the past 60 days.
- Standard CD. A wide range of terms with a $500 minimum. Compare it with the CD Special at a similar term before opening.
- Trade Up CD. Allows one move to a higher rate during the term if U.S. Bank’s rates rise, with a $1,000 minimum.
- Jumbo CDs. For deposits above $250,000, opened at a branch.
U.S. Bank also offers a Step Up CD with scheduled rate increases, which we do not yet track. Existing customers may see personalized offers in online banking that differ from these rates.
How U.S. Bank compares
The table below ranks the highest 12-month rates among the banks and credit unions we track each week. It is a limited set, so a smaller institution may pay more.
| Rank | Bank | APY | Min deposit | As of |
|---|---|---|---|---|
| 1 | Barclays | 4.25% APY | None | Sep 11, 2026 |
| 2 | Ally Bank | 4.00% APY | None | Sep 16, 2026 |
| 3 | Navy Federal Credit Union | 3.70% APY | $1,000 | Sep 17, 2026 |
| 4 | American Express National Bank | 3.50% APY | None | Aug 25, 2026 |
| 5 | U.S. Bank | 0.05% APY | $500 | Sep 17, 2026 |
Standard CD rates for a $25,000 balance. These are the highest rates among the institutions AnnuityJournal checks each week, not every bank in the country. A penalty may be imposed for early withdrawal. Verify the current rate with the bank.
Across all terms, these are the best rates currently available from the institutions we follow. Compare them with U.S. Bank’s CD Special at the same term.
| Term | Top APY | National avg. | Bank | Min deposit | As of |
|---|---|---|---|---|---|
| 3-month | 2.70% APY | 1.14% APY | Ally Bank | None | Sep 16, 2026 |
| 6-month | 4.00% APY | 1.41% APY | Barclays | None | Sep 11, 2026 |
| 9-month | 4.15% APY | – | Barclays | None | Sep 11, 2026 |
| 12-month | 4.25% APY | 1.71% APY | Barclays | None | Sep 11, 2026 |
| 18-month | 4.15% APY | – | Ally Bank | None | Sep 16, 2026 |
| 2-year | 4.35% APY | 1.57% APY | Barclays | None | Sep 11, 2026 |
| 3-year | 3.80% APY | 1.34% APY | Navy Federal Credit Union | $1,000 | Sep 17, 2026 |
| 4-year | 2.50% APY | 1.27% APY | Barclays | None | Sep 11, 2026 |
| 5-year | 4.25% APY | 1.36% APY | Barclays | None | Sep 11, 2026 |
Standard CD rates for a $25,000 balance, from each institution's own published rates. These are the highest among the institutions AnnuityJournal checks each week, not every bank in the country. A penalty may be imposed for early withdrawal. Verify the current rate with the bank. National average: the FDIC national rate for August 2026, via the Federal Reserve Bank of St. Louis (FRED).
U.S. Bank CD vs. a fixed annuity
A CD and a multi-year guaranteed annuity (MYGA) both lock in a rate for a fixed number of years. The differences are who guarantees the money, how the interest is taxed and what it costs to get out early.
| Product | Rate/APY | What $25,000 earns over 5 years | Guaranteed by |
|---|---|---|---|
| National average 5-year CD FDIC national rate, August 2026 | 1.36% APY | $1,747 | FDIC or NCUA insurance, up to $250,000 |
| U.S. Bank 5-year CD Standard rate, as of Sep 17, 2026 | 0.25% APY | $314 | FDIC insurance, up to $250,000 |
| 5-year MYGA: Knighthead Life Staysail 5 (Simple Interest) Top rate from carriers rated A- or better (AM Best A-) | 6.55% guaranteed | $8,188 | The issuing insurer and state guaranty associations |
| 5-year Treasury Par yield as of Sep 16, 2026 | 4.86% yield | $6,695 | The U.S. government |
MYGAs are not FDIC-insured; they are backed by the issuing insurer and state guaranty associations, up to state limits, and carry surrender charges for early withdrawals. Earnings are estimates before taxes: the rate compounded once a year over the term with interest left in the account (simple interest where noted). The national average and Treasury figures are treated the same way. A penalty may be imposed for early CD withdrawal. This comparison is educational, not a recommendation; verify every rate with the provider.
Taxes are often the deciding factor. CD interest is taxed each year as it accrues, while annuity interest grows tax-deferred until it is withdrawn. For a closer look, see how MYGAs compare with Treasury bonds and today’s best MYGA rates.
Before you open a U.S. Bank CD
- Check your ZIP code. Rates are set by market, so enter your ZIP code on U.S. Bank’s website to see the rate available to you.
- Early withdrawal penalties. Withdrawals before maturity carry a penalty, set out in the table below.
- Renewal. At maturity, a CD renews for the same term at the standard rate, not the special rate, unless you make changes during the grace period.
- Insurance. Deposits are FDIC-insured up to $250,000 per depositor, per ownership category. A fixed annuity is backed differently, by the issuing insurer and state guaranty associations.
| CD term | Penalty |
|---|---|
| Less than 1 month | All interest earned |
| 1 to 2 months | 30 days of interest |
| 3 to 12 months | 90 days of interest |
| 13 to 23 months | 180 days of interest |
| 24 months or longer | 365 days of interest |
The penalty never exceeds the interest earned during the current term.
Who U.S. Bank CDs suit
U.S. Bank suits savers who want branch access, who can use a CD Special at a term that fits their plans, or who already bank there and receive a personalized offer. A CD Special can also fill one rung of a CD ladder.
It is a weaker fit if the term you need is only available at the standard rate, if you want a no-penalty CD, or if you are saving for five years or longer and would benefit from the tax deferral a MYGA offers.
Frequently asked questions
What is U.S. Bank's best CD rate right now?
U.S. Bank's highest CD rate we track is 3.25% APY on its 6-month CD Special (a special rate), as of Sep 17, 2026. That's for a $25,000 balance. Rates change often, so confirm the current rate with U.S. Bank before opening an account.
When were these rates last checked?
AnnuityJournal last checked U.S. Bank's rates on Sep 17, 2026, directly from U.S. Bank's own rate page. We check once a week, and we stop showing any rate that hasn't been checked in 10 days.
Is a U.S. Bank CD better than a fixed annuity (MYGA)?
Over 5 years, U.S. Bank pays 0.25% APY on its CD, and the top 5-year MYGA we track pays 6.55% guaranteed (Knighthead Life). It depends on what you need. A CD is FDIC-insured up to $250,000 and you can reach the money early by paying a penalty. A MYGA is not FDIC-insured; it is backed by the issuing insurance company and state guaranty associations, carries surrender charges, and its interest grows tax-deferred until you withdraw it.
Why do U.S. Bank CD rates vary by ZIP code?
U.S. Bank prices deposits by market, so the same CD can pay different rates in different regions. The rates on this page are for one reference ZIP code, noted under the tables. Enter your own ZIP code on U.S. Bank’s website to see yours.
Are U.S. Bank CDs insured?
Yes. U.S. Bank is a member of the FDIC, which insures deposits up to $250,000 per depositor, per ownership category.
Rates change without notice and vary by location, so confirm current U.S. Bank CD rates for your ZIP code before opening an account.