KNOWLEDGE BASE

How do I renew a Certificate of Deposit (CD)?

To renew your CD digitally, follow these steps:

Online banking steps:

For the best online banking experience, we recommend logging in at usbank.com.

  1. Select My accounts at the top of the page, choose the CD you'd like to renew. Then select Explore renewal options. 
  2. Choose the amount to renew, interest rate and term. Then select Calculate return.
  3. Select how to disperse the interest, then select Continue. 
  4. You'll receive a confirmation page and an email containing a PDF copy of it.

U.S. Bank Mobile App steps:

For the best mobile banking experience, we recommend logging in or downloading the U.S. Bank Mobile App.

  1. Select your CD account, then choose Explore renewal options. 
  2. Choose the amount to renew, interest rate and term. Then select Calculate return.
  3. Select how to disperse the interest, then select Continue. 
  4. You'll receive a confirmation page and an email containing a PDF copy it.

Additional information:

When deciding to renew your CD, please be aware:

  • The option to renew automatically populates in mobile and online banking when it's reached its maturity date and within the grace period.
  • CD renewals via digital platforms are limited to consumer accounts only.
  • You'll need to have a checking or savings account with U.S. Bank to add or reduce your CD funds digitally.
  • If you need to add or reduce CD funds and don't have a checking or savings account with us, call 800-USBANKS (872-2657) or visit a branch. We encourage you to make an appointment to allow time for questions and processing.
    • Logged into the mobile app? Select Make an appointment on your dashboard.
    • Logged into online banking? Start by selecting Customer service at the top of your page, then choose Make an appointment.
    • Not logged in? Visit usbank.com, then select Locations in the upper left corner and enter your ZIP code. Select the branch you'd like to schedule an appointment at, then choose Make an appointment.