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 3/28/24: 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.
Rising Bank 6-Month CD (5.35% APY) | Rising Bank 12-Month CD (5.31% APY) |
Alliant Credit Union 12-Month Certificate (5.20% APY) | Technology Credit Union 5-Month No-Penalty CD (5.15% APY) |
Western Alliance Bank 3-Month CD (5.26% APY) | Western Alliance Bank 12-Month CD (5.05% APY) |
Ponce Bank 3-Month CD (5.20% APY) | Blue Federal Credit Union 9-Month No Penalty CD (5.10% APY) |
SkyOne Federal Credit Union 5-Month CD (5.00% APY) | Sun Canyon Bank 11-Month CD (4.94% APY) |
Sun Canyon Bank 5-Month CD (5.04% APY) | Lemmata Savings Bank 9-Month CD (5.05% APY) |
Nelnet Bank 12-Month CD (4.86% APY) | Nelnet Bank 24-Month CD (4.55% APY) |
Quontic Bank 6-Month CD (5.05% APY) | Nelnet Bank 36-Month CD (4.45% APY) |
Best 12-Month CD Rates – Nationwide
Bank | APY | Min | Max | Account Name | Review |
---|---|---|---|---|---|
CFG Bank | 5.40% | $500 | --- | 12-Month CD | Review |
NexBank | 5.40% | $25K | $5M | 12-Month CD | Review |
USAlliance Financial Federal Credit Union | 5.40% | $500 | --- | 12-Month CD | Review |
CIBC Bank USA | 5.36% | $25K | $1K | 13-Month CD | Review |
BrioDirect | 5.35% | $500 | --- | 12-Month CD | Review |
First Flight Federal Credit Union | 5.27% | $500 | --- | 12-Month CD | Review |
Alliant Credit Union | 5.20% | $75K | --- | 12-Month CD | Review |
Alliant Credit Union | 5.15% | $1K | --- | 12-Month CD | Review |
Sun Canyon Bank | 5.10% | $1 | --- | 11-Month CD | Review |
BMO Alto | 5.05% | None | --- | 12-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
Rising Bank | 5.35% APY 6-Month CD | Review |
Rising Bank | 5.31% APY 12-Month CD | Review |
Western Alliance Bank | 5.30% APY 5-Month CD | Review |
Western Alliance Bank | 5.26% APY 3-Month CD | Review |
Western Alliance Bank | 5.23% APY 6-Month CD | Review |
Ponce Bank | 5.20% APY 3-Month High Yield CD | Review |
Ponce Bank | 5.20% APY 1-Month High Yield CD | Review |
Alliant Credit Union | 5.20% APY 12-Month Certificate | Review |
Technology Credit Union | 5.15% APY 5-Month No-Penalty CD | Review |
Mission Valley Bank | 5.15% APY 1-Month CD | Review |
Western Alliance Bank | 5.15% APY 9-Month CD | Review |
Mission Valley Bank | 5.15% APY 3-Month No Penalty CD | Review |
Blue Federal Credit Union | 5.10% APY 9-Month No Penalty CD | Review |
Western Alliance Bank | 5.05% APY 12-Month CD | Review |
Lemmata Savings Bank | 5.05% APY 9-Month CD | Review |
Quontic Bank | 5.05% APY 6-Month CD | Review |
Sallie Mae | 5.05% APY 14-Month CD | Review |
Sun Canyon Bank | 5.04% APY 5-Month CD | Review |
SkyOne Federal Credit Union | 5.00% APY 5-Month CD | Review |
Sallie Mae | 5.00% APY 10-Month CD | Review |
First Tech Federal Credit Union | 5.00% APY 13-Month Share Certificate | Review |
First Citizens Bank | 5.00% APY 11-Month CD | Review |
Sun Canyon Bank | 4.94% APY 11-Month CD | Review |
First Financial Northwest Bank | 4.90% APY 12-Month CD | Review |
Nelnet Bank | 4.86% APY 12-Month CD | Review |
GreenState Credit Union | 4.70% APY 10-Month CD | Review |
Blue Federal Credit Union | 4.70% APY 15-Month CD | Review |
Discover Bank | 4.70% APY 12-Month CD | Review |
Nelnet Bank | 4.55% APY 24-Month CD | Review |
First Mid Bank & Trust | 4.50% APY 9-Month CD | Review |
SkyOne Federal Credit Union | 4.50% APY 15-Month CD | Review |
Nelnet Bank | 4.45% APY 36-Month CD | Review |
SkyOne Federal Credit Union | 4.20% APY 12-Month CD | Review |
CIT Bank | 3.50% APY 13-Month CD | Review |
CIT Bank | 3.50% APY 11-Month No-Penalty CD | Review |
CIT Bank | 3.00% APY 6-Month CD | Review |
CIT Bank | 3.00% APY 18-Month CD | Review |
KHH says
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
Tommy Dee says
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.”
Anthony Nguyen says
Thanks Steve. We added to our list.
Steve says
CFG Bank offers a 3.05%
APY 12-month CD.
https://www.cfg.bank/personal-banking/personal-deposit-rates/
Gio Sal says
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 …
Danny Nguyen says
Thank you for your input, rj! The rates have been updated.
rj says
Danny, Hustler Fam, – FYI Langley FCU is now 19 mo cert to earn 1.25%
12 mo. now .60%
Jessica says
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.
theodore l spiro says
Charles Schwab is offering cash to open an account. They have cd’s
Danny Nguyen says
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/
Jackwolk says
Danny, can you tell me about banks that are offering cash for opening cds land opening an IRA?
Ellen Hago says
Its April 9, 2019. Your rates are way off base as of this date.
Rick says
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