What is a Certificate of Deposit (CD)?

U.S. Bank CDs are an excellent low-risk investment option if you’re able to devote funds for longer periods of time.

Business CD benefits

  • Choose the amount and the term length
  • Flexible terms from 14 days to 5 years
  • Competitive interest rates
  • The security of FDIC coverage

U.S. Bank CD Special

Get a guaranteed rate of return and diversify the overall risk in your portfolio. All you need to get started is $1,000 minimum deposit (maximum is $250,000).

Terms in months456

CD Amount2

Rate

APY1

U.S. Bank Standard CD

Invest with the rate and variety of terms that suit your business needs. Get started with a $500 minimum deposit (maximum is $250,000).

Terms in months456

CD Amount3

Rate

APY1

U.S. Bank Step Up CD

Step up your savings with a rising rate CD that automatically increases its interest rate at 7, 14 and 21 months. $1,000 minimum deposit required (maximum is $250,000).

Terms in months456

Rates7

Blended APY8

U.S. Bank Trade Up CD

Take advantage of a long-term CD that adapts to a rising interest rate environment. Lock in a higher rate once during the 30-month or 60-month term. $1,000 minimum deposit required (maximum is $250,000).

Terms in months456

CD Amount2

Rate9

Blended APY8

Get started

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Disclosures

  1. 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.

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

  3. $500 minimum opening deposit up to a maximum of $250,000.

  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.

  6. FDIC insured to the maximum allowed by law.

  7. Interest rates are set at the time the CD is opened and cannot change.

  8. 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.

  9. Option to trade up one time only during the initial term requires you to visit a U.S. Bank branch to redeem before the maturity date. Rate change option is based on the published rate for the closest standard term that is equal to or less than the remaining term of the original CD. It may take up to ten days for rate change to become effective.

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