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Top FDIC-Insured Bank Savings & CD Rates
Fact: No investor has ever lost a single penny on an FDIC-insured deposit.

Accounts are: Government-insured and accept nationwide deposits by mail, phone, online or at a branch if nearby.

Compare Bank Savings & CD Rates

Checking & Savings Rates
Account types:

  • Checking account: A transactional account that allows for unlimited transactions (checks, cash and electronic debits/credits).
  • Money market account: A deposit account that allows for limited transactions (checks, cash and electronic debits/credits).
  • Savings account: A deposit account that allows for limited withdrawals (cash and electronic debits/credits).

CD Rates
Certificate of deposit types:

  • Add-To CD, Add-On CD: Allows the depositor to add funds during the term of the CD.
  • Brokered CD: Issued by an FDIC-insured bank but sold by a brokerage. If early withdrawal is required the brokerage may resell the CD at a profit/loss, depending on market conditions.
  • Bump-Up CD, Adjustable rate CD, Jump-Up CD: The depositor can adjust the rate (usually once) if it rises.
  • Callable CD: The institution can return the deposits plus accrued interest before the end of the term.
  • CDARS CD: The CD is FDIC-insured by up to $50 million. CDARS distributes the funds among its bank members. Rates are generally lower than for the top non-CDARS CDs.
  • Fixed rate CD: The rate of the CD is guaranteed for the length of the term.
  • Foreign currency CD: Some FDIC-insured US banks convert US dollar funds into one or more currencies and reconvert them back to US dollars at maturity. You may incur a profit/loss if the currencies appreciate/depreciate.
  • Jumbo CD: CD of over $100,000 (some banks use $99,000, $95,000 or $90,000).
  • Liquid CD: There is no penalty for early redemption of the CD.
  • Mini CD: CD of less than $100,000 (some banks use $99,000, $95,000 or $90,000).
  • Step-Up CD, Step-Down CD, Step-Rate CD: Rates change at different times during the term. Eg, a 4-year CD may have a rate of 4.60% during the 1st 12 months, 4.85% during the 2nd 12 months, 5.00% during the 3rd 12 months and 5.10% during the last 12 months; for a total of 5.00% APY. In other words, it would be equivalent to a 4-year CD @ 5.00% APY.
  • Variable rate CD: The rate of the CD can fluctuate during the term.
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