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 - March 31, 2023
18 Month CD National Average: 0.48% ?
| BANK | APY? | MIN? | ||
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| Sponsored | Advertiser Disclosure | |||
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4.75% | $2,500 |
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on the Discover Bank website |
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Guaranteed returns. No account fees. Member FDIC. |
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5.25% | $1,000 |
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5.00% | $500 | Learn More | |
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YTR | Mar 27, 2023 CFG is an outstanding bank, and now rate is over 5%! Read More |
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5.00% | $1,000 | Learn More | |
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Iman | Mar 4, 2021 They are liers. Please don't open their credit cards to avoid being taking advantage of!!! I hope they bankrupt SOOOOOON. Read More |
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5.00% | $25,000 | Learn More | |
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AllyAccountOwner | Jan 7, 2023 After being a customer for 12 plus years, I attempted to open and Estate account. Ally declined my application saying they could not verify me even though I am a long time customer with six figures in a... Read More |
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4.90% | $2,500 | Learn More | |
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Dev1ldog | Feb 28, 2023 How often do people agree? When the overall rating is two stars, then this bank has to be terrible. Try finding multiple deposit accounts; try waiting on your deposit to post due to them floating your fu... |
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4.86% | $1,000 | Learn More | |
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Early Withdrawal Penalty is 180 days. |
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Jim Plew | Apr 22, 2015 Hello, I am interested in a line of credit against my home. I have a high interest credit card that I want to move to this credit. I have a wells fargo mortgage which is only a few years old which I do no... |
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4.85% | $10,000 | Learn More | |
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Early Withdrawal Penalty is 270 days interest. |
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Mysteriosa | Mar 14, 2023 I had two 5 year CDs. Once in 2021 and again in 2022, PD claimed that my account had been abandoned. As far as I know, PD had made no effort to reach me, and I had been logging in once/month to check my ... Read More |
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4.85% | $25,000 | Learn More | |
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Warning: Early Withdrawal Penalty is 2% of the account balance. |
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Al | Apr 12, 2021 Frustrating. The initial application form is a breeze. Then the problems start. Many hoops to jump through. |
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4.80% | $0 | Learn More | |
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LenaL | May 2, 2022 Barclays is the worst. Transfer speeds even worse than Synchrony now. Service is worse than anything. Save yourself the trouble of getting sucked into rates that are sometimes competitive and choose anythi... |
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4.76% | $500 | Learn More | |
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Richard | Jul 1, 2022 Very easy opening process and wonderful staff. |
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4.75% | $500 | Learn More | |
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overdrawn | Nov 12, 2022 I was shopping for deposit rates in August, and NerdWallet, a site I had previously trusted, had it on their list. I was unaware they took deposits. They are the only bank that ever duplicated a transactio... |
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4.75% | $1,000 | Learn More | |
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PJs at bedtime | Jun 25, 2022 I've been in and out of igo. I usually carry a large balance when they are rate competitive (half the time) and move by money somewhere else when they aren't (the other half). The $3,000 transfer limit is ... Read More |
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4.60% | $1,000 | Learn More | |
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MrBond | Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More |
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Restrictions |
4.59% | $5,000 |
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15-Month CD Special. |
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Restrictions |
4.55% | $500 | Learn More | |
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member | Dec 14, 2022 Agree with Jaben to stay away from docfcu. They don't appreciate loyal members and easily turn down any requests after a delayed response. I have closed my accounts and moved my funds to better institutio... |
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4.50% | $500 | Learn More | |
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Aussie10024 | Mar 7, 2023 This bank is a waste of time. Tried to set up account. Denied. Called the bank as it states in the denial. Waited on hold for 25 minutes. Rep told me they could not any reason why it was denied but I shoul... Read More |
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4.50% | $500 | Learn More | |
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HappyPrimeAllianceCustomer | Sep 20, 2022 Prime Alliance Bank has a single branch (outside Salt Lake City) and does an excellent job with distance banking (we are based in Washington state). It stands out in several ways: (1) Interfacing with the... |
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4.50% | $1,000 | Learn More | |
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TRU | Jan 9, 2023 TIAA stole money from university professors and staff and mismanaged assets so badly that a generation of people in academia were denied a comfortable retirement. Read More |
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4.50% | $2,000 | Learn More | |
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jp76 | Jun 13, 2022 3 days for an ach is not market when most banks on this list do it instantly. even frigging rising bank. customer service is beyond dreadful. Read More |
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4.50% | $10,000 | Learn More | |
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LarryMass | Dec 8, 2020 Everyone here in Boston raves about Salem Five but it is shithole operation filled with nasty entitled people. As for this online savings product, the fees are ridiculous, the transfer charges are obnoxiou... Read More |
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Restrictions |
4.45% | $1,000 | Learn More | |
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Michael | Nov 11, 2022 I have been with PenFed for a number of years, and have gotten good products. Employees have been helpful. However, beware of titling for accounts with trusts. You will not be able to distinguish betw... |
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4.40% | $500 | Learn More | |
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John WIlliamson | Aug 6, 2022 The idea that they aren't competing is wrong. They'll give you 1% more on your savings if you run around promoting their brand and get a friend to sign up. Great marketing scheme actually, since those so i... Read More |
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4.40% | $25,000 | Learn More | |
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SheKnows | Oct 3, 2022 The rate is not always competitive (but I am checking now on October 3, 2022 and it is above Ally, Barclays, Marcus, Synchrony). I still give CIBC an A+. It is all about transfers. Theirs are easy, reliabl... Read More |
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4.37% | $100,000 | Learn More | |
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Howjltx | Mar 23, 2023 I hate used car salesman tactics of Bait and Swap! Was advertised top interest rate at minimum $100k deposit then after spending an hour to sign-up online, system changed this to $250K - Screw their 1/4 p... |
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4.25% | $1,000 | Learn More | |
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Early Withdrawal Penalty is all interest earned. |
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Jeffinnh | Mar 30, 2021 These guys are the best local bank. Very responsive. |
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4.25% | $1,000 | Learn More | |
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Yat 1965 | Mar 19, 2022 Problem with ties to puppy mills. I closed a cct. https://www.americanbanker.com/news/tab-bank-dragged-into-seedy-world-of-puppy-mill-loans-by-fintech-partner |
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4.20% | $5,000 | Learn More | |
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One-time bump CD. |
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Az1 | Aug 26, 2022 Too slow to raise rates. Read More |
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4.15% | $0 | Learn More | |
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NS123 | Mar 15, 2023 Thank you for the reviews above. I was wondering why I was only getting 0.3% when interest rates have gone up. Why CapitalOne360 is putting loyal and long time customers at a disadvantage is beyond me. ... Read More |
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4.10% | $10,000 |
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4.00% | $1,000 | Learn More | |
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SHG | Mar 2, 2023 Best bank on the list. By a country mile. Read More |
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Restrictions |
3.90% | $500 |
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Restrictions |
3.90% | $100,000 | Learn More | |
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Amanda Frank | Feb 25, 2023 HORRIBLE SERVICE. My son's campus checking account was hacked and over $9000 was stolen. Fraud department was impossible to reach and we waited on phone several days for over 2 hours at a time. They too... |
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3.87% | $10,000 | Learn More | |
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Warning: Early withdrawal penalty is 2% of principal |
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carscoupons@comcast.net | Sep 6, 2019 Went to bank yesterday this is not a good rate. Needs to be updated. Read More |
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Restrictions |
3.85% | $20,000 | Learn More | |
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Amanda Frank | Feb 25, 2023 HORRIBLE SERVICE. My son's campus checking account was hacked and over $9000 was stolen. Fraud department was impossible to reach and we waited on phone several days for over 2 hours at a time. They too... |
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Restrictions |
3.80% | $50 | Learn More | |
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Amanda Frank | Feb 25, 2023 HORRIBLE SERVICE. My son's campus checking account was hacked and over $9000 was stolen. Fraud department was impossible to reach and we waited on phone several days for over 2 hours at a time. They too... |
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3.11% | $2,500 | Learn More | |
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judy | Jul 7, 2022 Insbank 1 yr is 1.5 % 18month is 1.6% 7-7-2022 |
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3.00% | $1,000 |
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2.85% | $500 | Learn More | |
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Available in all states except MA/RI. |
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BW | Jul 17, 2021 I've been with this bank for 6 months and have not had any problems. Bill pay works good. The 24 month investing CD is another vechile I use. Rates are above average considering the national rate. I'd reco... Read More |
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1.00% | $0 | Learn More | |
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Chris | Aug 31, 2022 never had a problem moving money in/out. After trying a couple banks with higher rates but less service will be moving my money back here. Read More |
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0.55% | $500 | Learn More | |
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Warning: Early Withdrawal Penalty is 12 months of interest |
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Leder | Feb 8, 2023 Here is your 1 star Read More |
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0.50% | $1,500 | Learn More | |
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Dkplan | Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? |
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Restrictions |
0.45% | $500 |
Learn More
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0.40% | $1,000 |
Learn More
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0.40% | $5,000 |
Learn More
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0.30% | $25,000 | Learn More | |
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aprz | Jul 3, 2019 Just set up an account. Don't know long term yet, however they were (Kelsey) a dream to work with. |
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0.25% | $10,000 | Learn More | |
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UtahJazz1 | Jun 10, 2022 This bank hasn't raised their rates! Maybe I was sleeping but I need to get out of here fast. Read More |
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0.15% | $500 | Learn More | |
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Afeica | Aug 7, 2020 Had a car loan with them. Paid it off because I was selling the vehicle. They told me it would take 10 business days to clear the transaction (it was immediate via electronic) and was out of my account th... Read More |
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Restrictions |
0.15% | $25,000 |
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Restrictions |
0.10% | $500 |
Learn More
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0.03% | $1,000 | Learn More | |
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RYAN S | Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More |
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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.
