Find the latest Banesco CD Rates, Offers, and Promotions here.
Best CD Rates: BaneSmart CDs, 6-month(5.00% APY), 12-month (5.25% APY), $1.5k min deposit online, $1k min deposit in-branch, new money required.
Availability: Nationwide through online application.
Easy Membership: Headquartered in Coral Gables, Florida, Joining Banesco is available to all U.S. citizens and resident aliens, 18 years or older, who have a valid Social Security number, a physical U.S. address, and a U.S. mailing address.
Credit Inquiry: Unknown
About Banesco CD Rates
Banesco USA was founded January 10th, 2006 to offer banking services and solutions to business owners, their families, and consumers within the communities we serve. Their mission is to provide the best and safest banking experience protected by the latest technology to make banking more convenient to our customers. Their team of dedicated and experienced relationship bankers are committed to offering their customers the personalized service they deserve.
Banesco offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you. You can fund your account via ACH transfer from a checking or savings account at another financial institution.
|Term||APY Rate||Minimum Deposit|
*The above rates are accurate as of 09/20/2023*
Banesco CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer a term, the higher APY rate you make. The interest is compounded and are credited monthly, quarterly, semi-annually, or at maturity.
With an opening deposit of $1,500, you can invest in a Banesco BaneSmart CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals. Be sure to also check out the CD rates below to potentially find even better rates for you!
- Minimum deposit: $1,500 online, $1,000 In-Branch
- Maximum deposit: $250,000
- Early withdrawal penalty: For a term of greater than 31 days to less than or equal to 365 days, the penalty is 90 days of interest.
|Compare to the best CDs such as Western Alliance Bank 6-Month CD (5.70% APY), Rising Bank 12-Month CD (5.50% APY), Blue FCU 15-Month CD (5.25% APY), First Mid Bank & Trust 9-Month CD (5.00% APY), Blue FCU 9-Month No Penalty CD (5.10% APY), and Western Alliance Bank 12-Month CD (5.51% APY).|
Banesco CD Features
- Unlimited number of beneficiaries
- Online Banking
- Earns Interest at a Competitive Rate
- FDIC Insured
All you need to do is to pick your CD term, and have a minimum opening deposit of $1,000 to qualify for this fantastic bonus. You can withdraw your maturing funds via ACH transfer or transfer to an existing Banesco checking or savings account. You will have 10 calendar days grace period before automatic renewal.
*While Banesco does have competitive rates compared to traditional banks, I still recommend you take a look at Discover Bank Promotions here
|Western Alliance Bank||5.70% APY 6-Month CD||Review|
|Rising Bank||5.50% APY 12-Month CD||Review|
|Western Alliance Bank||5.51% APY 12-Month CD||Review|
|Western Alliance Bank||5.51% APY 3-Month CD||Review|
|GreenState Credit Union||5.50% APY 10-Month CD||Review|
|Western Alliance Bank||5.40% APY 16-Month No Penalty CD||Review|
|SkyOne Federal Credit Union||5.40% APY 5-Month CD||Review|
|Ponce Bank||5.40% APY 3-Month High Yield CD||Review|
|Technology Credit Union||5.36% APY 5-Month No-Penalty CD||Review|
|Mission Valley Bank||5.35% APY 3-Month No Penalty CD||Review|
|Oklahoma State Bank||5.35% APY 6-Month CD||Review|
|First Tech Federal Credit Union||5.35% APY 13-Month Share Certificate||Review|
|Quontic Bank||5.30% APY 12-Month CD||Review|
|Ponce Bank||5.30% APY 4-Month No-Penalty CD||Review|
|Ponce Bank||5.30% APY 1-Month High Yield CD||Review|
|Blue Federal Credit Union||5.25% APY 15-Month CD||Review|
|mph.bank||5.20% APY 6-Month No Penalty CD||Review|
|Discover Bank||5.20% APY 12-Month CD||Review|
|Blue Federal Credit Union||5.10% APY 9-Month No Penalty CD||Review|
|First Mid Bank & Trust||5.00% APY 9-Month CD||Review|
|First Citizens Bank||5.00% APY 11-Month CD||Review|
|CIT Bank||5.00% APY 6-Month CD||Review|
|CIT Bank||4.90% APY 11-Month No-Penalty CD||Review|
|Idabel National Bank||4.90% APY 24-Month CD||Review|
|First Mid Bank & Trust||4.82% APY 12-Month No Penalty CD||Review|
|Nationwide||4.75% APY 12-Month CD||Review|
|Sallie Mae||4.75% APY 14-Month No-Penalty 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|
|SkyOne Federal Credit Union||4.50% APY 15-Month CD||Review|
|SkyOne Federal Credit Union||4.20% APY 12-Month CD||Review|
This is a great opportunity to invest in a high-interest CD with a low balance from Banesco. However, you may want to compare them with our best CD Rates:
- 6-Month CD Rates
- 9-Month CD Rates
- 12-Month CD Rates
- 18-Month CD Rates
- 24-Month CD Rates
- 36-Month CD Rates
- 48-Month CD Rates
- 60-Month CD Rates
Be sure to apply as soon as you can to start your new account experience and start earning higher rates. Check back often for the latest Banesco CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.