If you’re looking for the Best 12-Month CD Rates to invest your funds in, you’re in the right spot. Below is our guide to help you find the Best 12-Month CD Rates.
Update 12/3/24: We’ve updated the list with the latest and best rates for 12 month terms.
Certificate of deposits, otherwise known as CDs, will offer you one of the best & secure way to get a return on your money when you invest it with your bank/credit union of choice.
Best 12-Month CD Rates – Nationwide
| Bank | APY | Min | Max | Account Name | Review |
|---|---|---|---|---|---|
| EagleBank | 4.60% | $1,000 | --- | 12 Month CD | Review |
| Fort Liberty Federal Credit Union | 4.60% | $25K | --- | 12-Month Jumbo CD | Review |
| All In Credit Union | 4.59% | $100K | --- | 12-Month Jumbo CD | Review |
| TAB Bank | 4.52% | $1000 | --- | 12-Month CD | Review |
| Prime Alliance Bank | 4.50% | $500 | --- | 12-Month CD | Review |
| CommunityWide Federal Credit Union | 4.45% | $1000 | --- | 12-Month CD | Review |
| First Internet Bank | 4.42% | $1,000 | --- | 12-Month CD | Review |
| Limelight Bank | 4.40% | $1K | --- | 12-Month CD | Review |
| CIBC Bank USA | 4.31% | $25K | $1K | 13-Month CD | Review |
Looking for a more full, extensive list of available CD rates? see our post on the Best CD Rates. We recommend checking out the Discover CD account.
Interested in certain terms only? See below for our list of the best CD rates in the following terms:
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 18-Month CD Rates
- Best 24-Month CD Rates
- Best 36-Month CD Rates
- Best 48-Month CD Rates
- Best 60-Month CD Rates
| Service Credit Union | 4.25% APY 9-Month CD | Review |
| Western Alliance Bank | 4.50% APY 3-Month CD | Review |
| Western Alliance Bank | 4.40% APY 6-Month CD | Review |
| First Tech Federal Credit Union | 4.35% APY 13-Month Share Certificate | Review |
| Sallie Mae | 4.35% APY 10-Month CD | Review |
| Western Alliance Bank | 4.25% APY 12-Month CD | Review |
| Ponce Bank | 4.25% APY 3-Month High Yield CD | Review |
| Sallie Mae | 4.25% APY 14-Month CD | Review |
| Ponce Bank | 4.15% APY 4-Month No-Penalty CD | Review |
| Live Oak Bank | 4.10% APY 12-Month CD | Review |
| Live Oak Bank | 4.10% APY 12-Month Business CD | Review |
| First Mid Bank & Trust | 4.08% APY 9-Month CD | Review |
| Discover Bank | Up to 4.00% APY CD | Review |
| Sun Canyon Bank | 3.87% APY 11-Month CD | Review |
| Western Alliance Bank | 3.85% APY 5-Month CD | Review |
| Quontic Bank | Up to 3.75% APY CD | Review |
| GreenState Credit Union | 3.65% APY 10-Month CD | Review |
| Blue Federal Credit Union | 3.55% APY 15-Month CD | Review |
| Blue Federal Credit Union | 3.50% APY 9-Month No Penalty CD | Review |
| CIT Bank | 3.50% APY 13-Month CD | Review |
| CIT Bank | 3.50% APY 11-Month No-Penalty CD | Review |
| Southwestern National Bank | 3.40% APY 8-Month CD | Review |
| Ponce Bank | 3.00% APY 1-Month High Yield CD | Review |
| CIT Bank | 3.00% APY 6-Month CD | Review |
| CIT Bank | 3.00% APY 18-Month CD | Review |
THE CD RATES on the one year at least are wrong. rates have been lowered
Fix
I have almost $ 200000 in save better and don’t see aproblem
the deposits are acually held in some trust account
the only problem i see is – since they are held in a trust account FDIC only cover up to $250000 combined not by individual banks
Can you comment on this SAVE BETTER platform? It’s fairly new here and all these fringe banks are using it. I did a few hours of research and it appears safe but it seems odd to pool your money like this and have no bank account or routing number. Some have commented that it is possible there could be fraud issues going forward. These outfits should provide rates DIRECTLY like the big boys do. Most of the stuff I have read indicates “it should be safe”which is hardly reassuring. You should have a separate list of banks that provide high rates directly to the consumer. Sam Banman-Fried lost 94% in a day and defrauded people after Hollywood types all endorsed. I don’t want to be next to lose money on “safe investments.”
Thanks Steve. We added to our list.
CFG Bank offers a 3.05%
APY 12-month CD.
https://www.cfg.bank/personal-banking/personal-deposit-rates/
https://www.liveoakbank.com/personal-banking/personal-cd
Live Oak Bank got their rates adjusted upwards very quickly after the Fed .5% move yesterday, and they look quite nice …
Thank you for your input, rj! The rates have been updated.
Danny, Hustler Fam, – FYI Langley FCU is now 19 mo cert to earn 1.25%
12 mo. now .60%
The Langley FCU promotional CD rate is only available to members in certain states, although membership in the credit union itself seems to be nationwide.
Charles Schwab is offering cash to open an account. They have cd’s
Hi Jackwolk,
Thank you for being a reader! As of current, I am not aware of any banks that offer an incentive for opening a CD – it’s typically uncommon to see a cash offer for opening a CD.
However, you can find our list of bank bonuses at https://www.hustlermoneyblog.com/best-bank-promotions/
And an extensive list of CD account promotions at https://www.hustlermoneyblog.com/best-cd-rates/
Danny, can you tell me about banks that are offering cash for opening cds land opening an IRA?
Its April 9, 2019. Your rates are way off base as of this date.
Danny I enjoy browsing your website for CD and savings deals. I found the 2.8% 1 yr CD at Mainstreetbank Thanks! as an FYI your listing of Barclays 1 yr cd appers incorrect when you clik on to their website