The Step Up CD

Rate increases

Get an interest rate increase every seven months throughout this CD’s 28-month term.


Rates are locked in upon opening the CD. That way you know, up front, what your rate increases will be.


As with all U.S. Bank CDs, the Step Up CD is FDIC-insured.1

Terms 145 and rates

Deposit between $1,000 and $250,000. 2 The interest rate and the Blended Annual Percentage Yield (APY) 3 are effective currentdate for ZIP code currentZipCode(Edit ZIP code)

Terms in months Interest rate Blended APY
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  1. FDIC insured to the maximum allowed by law.

  2. $1,000 minimum opening deposit up to a maximum of $250,000. 

  3. Blended Annual Percentage Yield (APY) assumes principal and interest remain on deposit for the term of the certificate. All interest payments for the APY will be made at the end of the term or annually, whichever occurs first. Penalty will be imposed for early withdrawal. Fees could reduce earning on the account.

  4. Offer good for the initial term only. CD is automatically renewed for the same term. The rate is determined based on the published rate for the CD, excluding CD Specials, that is closest to but not exceeding the term of the CD. Advertised rate and APY are offered at the bank's discretion and may change daily.

  5. Online application is not valid for single maturity CDs, business or retirement CDs, brokerage deposits, institutional investors, public funds or in conjunction with other promotional offers.

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You authorize your wireless carrier to use or disclose information about your account and your wireless device, if available, to us or our service provider for the duration of your business relationship, solely to help us identify you or your wireless device and to prevent fraud. See our PRIVACY POLICY for how we treat your data.

Deposit products are offered by U.S. Bank National Association. Member FDIC.

Refer to Your Deposit Account Agreement (PDF) and the Consumer Pricing Information (PDF) disclosure for a summary of fees, terms and conditions that apply.