When the CD reaches its maturity date, we'll automatically offer to renew it. Renewal offers stay available until the grace period ends or when the CD has been renewed, whichever comes first. Your grace period can be found on the Overview tab of your CD. 

How to renew your CD in online banking and the U.S. Bank Mobile App

1. Select your CD account from the dashboard. 
   • From online banking, choose Renew your CD.
   • From the U.S. Bank Mobile App, choose View renewal information.
2. Select the radio button for the renewal option you'd like and choose Continue to renew CD.
3. If you chose Renew with current balance.
   1. Select the term and APY you'd like, then choose Continue. 
   2. Choose how often you want interest payments paid.
   3. Select how you want the interest dispersed and select Continue.
4. If you chose Renew with more than my current balance.
5. Select External account or Internal account and then choose Continue. 
   1. Enter the amount you'd like to add to the CD.
   2. Select the term and APY you'd like, then choose Continue.
      • If adding funds from your U.S. Bank account select the account from the drop down before selecting Continue. 
   3. Choose how often you want interest payments paid.
   4. Select how you want the interest dispersed and select Continue.
      • If adding funds from another bank, select how you'd like to enter your account details and choose Continue.
6. Review your renewal information. Select Edit next to the information that needs changed and/or choose Submit when you're ready.

More information

Only personal CDs can be renewed through digital banking; business CDs need to be renewed at one of our branches. See also, How do I schedule an appointment at a U.S. Bank branch?

We may verify your identity during the renewal process by sending you a one-time passcode. See also, What is a one-time passcode?