Eighteen-month Certificates of Deposit (CD) rates from online banks are often well above average if you are willing to open and manage your account using the Internet. Most online banks offer an online application and money can be transferred to fund the CD via an electronic transfer, check, wire, or credit card. To view rates for other CD terms, click the tabs above.
Highest Eighteen-Month Online CD Rates - January 21, 2020
18 Month CD National Average: 0.96% ?
| BANK | APY? | Vs. Nat'l Av. |
MIN? | |
|---|---|---|---|---|
|
Restrictions |
2.25% | 2.35x | $100,000 | |
|
|
2.20% | 2.30x | $500 | |
|
|
2.20% | 2.30x | $100,000 | |
|
Restrictions |
2.15% | 2.25x | $1,000 | |
|
|
2.15% | 2.25x | $2,500 | |
|
|
2.10% | 2.20x | $1,000 | |
|
|
2.10% | 2.20x | $1,000 | |
|
|
2.10% | 2.20x | $2,500 | |
|
|
2.10% | 2.20x | $2,500 | |
|
|
2.10% | 2.20x | $10,000 | |
|
|
2.07% | 2.17x | $1,000 | |
Early Withdrawal Penalty is 180 days. |
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|
|
2.05% | 2.14x | $1,000 | |
|
|
2.05% | 2.14x | $25,000 | |
|
|
2.02% | 2.11x | $750 | |
Warning: Early Withdrawal Penalty is the greater of all credited interest or 90 days interest. |
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|
|
2.00% | 2.09x | $0 | |
|
|
2.00% | 2.09x | $500 | |
|
|
2.00% | 2.09x | $10,000 | |
Early Withdrawal Penalty is 270 days interest. |
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|
|
2.00% | 2.09x | $10,000 | |
|
|
1.99% | 2.08x | $2,000 | |
|
|
1.95% | 2.04x | $1,000 | |
|
|
1.95% | 2.04x | $25,000 | |
|
|
1.90% | 1.99x | $1,000 | |
|
|
1.90% | 1.99x | $10,000 | |
|
|
1.88% | 1.97x | $175,000 | |
|
|
1.85% | 1.94x | $10,000 | |
|
|
1.80% | 1.88x | $0 | |
|
|
1.75% | 1.83x | $500 | |
Available in all states except MA/RI. |
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|
|
1.70% | 1.78x | $500 | |
|
|
1.60% | 1.67x | $500 | |
|
|
1.60% | 1.67x | $500 | |
|
|
1.40% | 1.46x | $10,000 | |
|
Restrictions |
1.35% | 1.41x | $100,000 | |
|
Restrictions |
1.25% | 1.31x | $25,000 | |
|
Restrictions |
1.15% | 1.20x | $500 | |
|
|
1.00% | 1.05x | $1,000 | |
|
|
0.15% | 0.16x | $1,000 | |
Eighteen-month CDs are offered by many online banks. They are a medium-term CD product that often provide a slightly higher yield than a 12-month CD in return for the extra six months of commitment to keep the money on deposit at the issuing bank. All eighteen-month CDs offered by online banks on BestCashCow are FDIC insured.
Opening an eighteen-month CD online is an easy process. Applications generally take between 10-15 minutes to complete. Funding the CD can usually be done electronically by making a ACH transfer from a checking or savings account to the bank opening the CD. The CD rate is usually locked once the application has been received and approved. Funds transfers can take between 1-5 days depending on the process used by the opening bank.
In some cases, branch-based banks and credit unions will offer higher rates on 18-month CDs than online banks. You should check the rates available in your area using the tabs above.
Jumbo CDs refer to those CDs with minimum deposits of $100,000. While some banks still reserve their best CD rates for those customers opening jumbo products with deposits of $100,000 or more, the table above indicates that many online banks now offer their highest yielding CD rates to those depositing much less.
All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.
To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.
Find out how much extra money you can earn by moving your bank money into an account that pays more.
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