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.
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 |
|---|---|---|---|---|---|
| Merchants Bank of Indiana | 5.39% | $1K | --- | 12-Month Flex Index CD | Review |
| Sun Canyon Bank | 5.35% | $5K | --- | 12-Month CD | Review |
| Fidelity Brokered CD | 5.35% | $1K | --- | 12-Month non-callable CD | Issued by AMEX NB, PPB, SBoI |
| The Vanguard Group Brokered CD | 5.35% | $1K | --- | 12-Month non-callable CD | Issued by ALLY, AMEX NB, DIS, LCLUB, ROYL, SBoI |
| Finworth | 5.25% | $1K | --- | 12-Month CD | Review |
| Forbright Bank | 5.25% | $1K | --- | 12-Month CD | Review |
| Rising Bank | 5.20% | $1K | $1M | 12-Month CD | Review |
| CFG Bank | 5.15% | $500 | $250K | 12-Month CD | Review |
| Colorado Federal Savings Bank | 5.15% | $5K | --- | 12-Month CD | Review |
| Limelight Bank | 5.15% | $1K | --- | 12-Month CD | Review |
| Credit One Bank | 5.10% | $100K | --- | 13-Month Jumbo CD | Review |
| Latino Credit Union | 5.10% | $200K | --- | 12-Month Jumbo CD | Review |
| Popular Direct | 5.10% | $10K | --- | 12-Month CD | Review |
| Alliant Credit Union | 5.05% | $75K | --- | 12-Month Jumbo CD | Review |
| Bread Financial | 5.05% | $1.5K | --- | 12-Month Bread Savings CD | Review |
| Merrick Bank | 5.05% | $25K | $250K | 12-Month CD | Review |
| State Bank of Texas | 5.05% | $100K | --- | 12-Month CD | Review |
| Western Alliance Bank | 5.01% | $1 | --- | 12-Month CD | Review |
| Barclays | 5.00% | None | --- | 12-Month CD | Review |
| Bethpage Federal Credit Union | 5.00% | $50 | --- | 12-Month CD | Review |
| Ivy Bank | 5.00% | $1K | --- | 12-Month CD | Review |
| Spectrum Credit Union | 5.00% | $500 | --- | 14-Month CD Special | Review |
| Synchrony Bank | 5.00% | None | --- | 14-Month CD | Review |
| USALLIANCE Financial | 5.00% | $500 | --- | 12-Month CD | Review |
| Idabel National Bank | 4.90% | $1 | --- | 15-Month CD | Review |
| FVCbank | 4.80% | $1 | --- | 12-Month No Penalty CD | Review |
| Blue Federal Credit Union | 4.80% | $1 | --- | 15-Month CD | Review |
| Sallie Mae Bank | 4.75% | $1 | --- | 14-Month No-Penalty CD | Review |
| Ally Bank | 4.75% | None | --- | 11-Month No Penalty CD | Review |
| Bellco Credit Union | 4.75% | $1 | --- | 13-Month CD | Review |
| CIT Bank | 4.65% | $1K | --- | 13-Month CD | Review |
| America First Credit Union | 4.50% | $1 | --- | 12-Month CD | Review |
| SkyOne Federal Credit Union | 4.50% | $1 | --- | 15-Month CD | Review |
| SkyOne Federal Credit Union | 4.20% | $1 | --- | 12-Month CD | Review |
| CIT Bank | 4.15% | $1K | --- | 11-Month No-Penalty 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
| Sallie Mae | 5.15% APY 27-Month CD | Review |
| Western Alliance Bank | 5.01% APY 12-Month CD | Review |
| Sallie Mae | 5.00% APY 23-Month CD | Review |
| Idabel National Bank | 4.90% APY 24-Month CD | Review |
| Blue Federal Credit Union | 4.80% APY 15-Month CD | Review |
| FVCbank | 4.80% APY 12-Month No Penalty CD | Review |
| Nationwide | 4.75% APY 12-Month CD | Review |
| Discover Bank | 4.75% APY 18-Month CD | Review |
| Bellco Credit Union | 4.75% APY 13-Month CD | Review |
| Sallie Mae | 4.75% APY 14-Month No-Penalty CD | Review |
| Quontic Bank | 4.75% APY 12-Month CD | Review |
| Sallie Mae | 4.70% APY 10-Month No-Penalty CD | Review |
| CIT Bank | 4.65% APY 13-Month CD | Review |
| CIT Bank | 4.60% APY 18-Month CD | Review |
| Great Lakes Credit Union | 4.60% APY 12-Month CD | Review |
| Western Alliance Bank | 4.60% APY 6-Month CD | Review |
| SkyOne Federal Credit Union | 4.50% APY 15-Month CD | Review |
| Blue Federal Credit Union | 4.45% APY 9-Month No Penalty CD | Review |
| Western Alliance Bank | 4.45% APY 3-Month CD | Review |
| Ponce Bank | 4.41% APY 4-Month No-Penalty CD | Review |
| SkyOne Federal Credit Union | 4.20% APY 12-Month CD | Review |
| CIT Bank | 4.15% APY 6-Month CD | Review |
| CIT Bank | 4.15% APY 11-Month No-Penalty CD | Review |
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.”
CFG Bank offers a 3.05%
APY 12-month CD.
https://www.cfg.bank/personal-banking/personal-deposit-rates/
Thanks Steve. We added to our list.
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, Hustler Fam, – FYI Langley FCU is now 19 mo cert to earn 1.25%
12 mo. now .60%
Thank you for your input, rj! The rates have been updated.
Danny, can you tell me about banks that are offering cash for opening cds land opening an IRA?
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/
Charles Schwab is offering cash to open an account. They have cd’s
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
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.