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USAA Federal Savings Bank FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Boost your savings with a 91-day fixed-rate CD.

Annual Percentage Yield, or APY, is based on the minimum deposit amount for each CD.

Standard

§%

APY

$1,000 minimum deposit

Jumbo

§%

APY

$95,000 minimum deposit

Super jumbo

§%

APY

$175,000 minimum deposit

Open a CD

View all rates and terms

Rates are current as of §. Rates subject to change. Fees may reduce earnings.
Annual Percentage Yield (APY) is the amount of interest you would earn over a year and it includes compounding interest.
Interest rate is the amount of interest being paid by the bank without the compounding effect.

Benefits of a CD

A certificate of deposit is a savings account that pays interest on a fixed amount of money for a set period of time. CDs are a low-risk way to save money and can be a good addition to your investments.

Flexibility

We have a range of terms to meet your needs, from 30 days to 7 years.

Security

All our CDs are insured up to FDIC limits.

Stability

Knowing your interest earnings can help you plan for your goals.

Certificates of deposit FAQ

Your CD will automatically renew at the end of each term, called the maturity date. If you let it renew, it’ll have the same term with the rate available on the date of maturity.

We’ll send you a notice 30 days before the maturity date. After the maturity date, you have 10 days to change the term, add or take out money, or close your account.

If you don’t want the account to renew, you must notify us within 10 calendar days after the maturity date. However, if the 10th calendar day is a non-business day, the grace period ends on the immediately preceding business day.

You can transfer funds from your closed CD to another USAA Federal Savings Bank deposit account or to a verified non-USAA account.

Yes. You can own more than one CD at a time.

One feature of CDs you open with USAA Federal Savings Bank is that you can give each account a nickname. That can be especially helpful when you give an account a nickname that matches its related savings goal.

Your CD will have a maturity date based on the term you select when you apply.

Interest begins to accrue on the business day we receive and record your deposit. We pay interest monthly.

You can have us deposit your interest into the CD account or to a different USAA Federal Savings Bank account. If we deposit interest into your CD, we'll credit that interest to your CD balance. You'll then earn interest on the new balance, sometimes referred to as compounding interest.

Yes. There’s a penalty for taking money out of your CD before the maturity date. Early withdrawal penalties are shown in the Account and Service Fee Schedule Opens in a New Window.

In some cases, we may waive an early withdrawal penalty as permitted by law. We deduct the early withdrawal penalty from the CD account's earned interest first. Then we deduct any remaining early withdrawal penalty from the principal amount of the CD account.

If it's important for you to have easy access to your money without an early withdrawal penalty, consider applying for a USAA Federal Savings Bank savings account.

Learn more about CDs.

Everything you need to know about a certificate of deposit, or CD

Article: 6 minutes

Read article: Everything you need to know about a certificate of deposit, or CD

CD ladder strategy: Earn more and access cash

Article: 6 minutes

Read article: CD ladder strategy: Earn more and access cash

The saver's guide to choosing between a CD and a savings account

Article: 6 minutes

Read article: The saver's guide to choosing between a CD and a savings account

Related footnotes:

  1. Use of the term "member" or "membership" refers to membership in USAA Membership Services and does not convey any legal or ownership rights in USAA. Restrictions apply and are subject to change.

  2. Rates are subject to change daily. Fixed and adjustable CD rates are not guaranteed until your CD is issued. Annual Percentage Yield, also known as APY, assumes that interest remains on deposit until maturity. Withdrawals will reduce the amount of interest earned. Substantial penalty for early withdrawal. We deduct the early withdrawal penalty from the CD account’s earned interest first, and then we deduct any remaining early withdrawal penalty from the principal amount of the CD account. Fees may reduce earnings on your account. Minimum initial deposit and minimum balance is $250 for Standard IRA CD and for Standard Variable rate CD, $1,000 for Standard Fixed CD and Adjustable CD, $95,000 for Jumbo CD and $175,000 for Super Jumbo CD. With an adjustable rate CD, you may make a one-time adjustment to the new rate, up to 2% higher, if interest rates rise. See Depository Agreement for details.

  3. "USAA Bank" means USAA Federal Savings Bank.

  4. Deposit products and services offered by USAA Federal Savings Bank, Member FDIC. 

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