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 - July 29, 2021
18 Month CD National Average: 0.45% ?
| BANK | APY? | MIN? | ||
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0.70% | $500 | Learn More | |
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Michelle G | Jul 15, 2021 Marcus is the very best online banking experience that I have ever had. Read More |
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0.70% | $500 | Learn More | |
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Lisa T | Jun 3, 2021 not perfect, but the rate is consistently at the top and therefor worth the effort Read More |
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0.70% | $1,000 | Learn More | |
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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0.65% | $1,000 | Learn More | |
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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0.65% | $1,000 | Learn More | |
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Savvysaver | Jun 26, 2020 Rate not current Read More |
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0.65% | $2,500 | Learn More | |
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John G | Jun 25, 2021 A clear case of bait and switch advertising there CD rates and then constantly dropping then before anyone can open an acocunt. I have filed a complaint with CFPB. |
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0.65% | $25,000 | Learn More | |
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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0.60% | $1,000 | Learn More | |
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Cheryl | Jul 15, 2021 I finally closed my account. Was great back in the day as everbank but now it is a joke in every way. Read More |
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0.60% | $1,000 | Learn More | |
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Julia N | Jan 3, 2021 This is the worst online banking I have seen. Without any warning they restricted access to withdrawals to $1000. Representative said they implemented on ALL accounts for ALL customers due to “fraud”... Read More |
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0.60% | $2,500 | Learn More | |
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Larry | Apr 29, 2021 You will not collect any interest and lose a good chunk of the principal. They don't take all of it you will still recover some money. The early withdrawl clause is always part of the terms you acknowled... |
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0.60% | $10,000 | Learn More | |
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Eldridge D. | Feb 7, 2021 I cannot comment on Bankdirect, but I can comment on the Bask Bank subsidiary. Opening this account to earn AAdvantage miles is the best move I've made in years! I am getting 100,000 frequent flier miles... Read More |
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0.60% | $25,000 | Learn More | |
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EduardoC | Dec 12, 2020 "keeping their savings rate competitive" - they aren't. Read More |
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Restrictions |
0.60% | $100,000 | Learn More | |
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David | Jul 16, 2021 David |
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0.56% | $750 | Learn More | |
Warning: Early Withdrawal Penalty is the greater of all credited interest or 90 days interest. |
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Jay Riesman | Apr 9, 2021 Unprofessional in every way imaginable. |
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0.55% | $500 | Learn More | |
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LauraB | May 29, 2021 Not a bad experience to open the account. I only learned that interest is credited quarterly and that is at least a nuisance. I wish I had known. |
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Restrictions |
0.55% | $1,000 | Learn More | |
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David | Jul 16, 2021 David |
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0.55% | $1,000 | Learn More | |
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Joy | Feb 28, 2021 ACH transfers limited to $3,000, unsecured website, emailing acct numbers, hours to reach customer service. Need not say more. |
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0.55% | $2,500 | Learn More | |
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EBHYT | Aug 4, 2020 Sallie Mae is going to absolutely be the right bank for you if you enjoy calling during normal business hours and speaking with a automated voice response system that gives you no information and refuses t... |
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0.55% | $5,000 | Learn More | |
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Taykadip | Jan 4, 2020 I am surprised at all the negative reviews. I have had several large CDs at this bank for several years, and I've gotten the best customer service I've ever gotten at any bank in the last 45 years. Read More |
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0.50% | $500 | Learn More | |
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new name for a dreadful bank | Dec 13, 2016 This was formerly First Trade Union bank. Use Ally, Barclays, Synchrony or some bank that provides a certain level of service. |
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0.50% | $2,000 | Learn More | |
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Peter C2 | Jan 23, 2021 In terms of service, you cannot do anything online. On every other bank, you can message someone online and get a quick response. You need to call Synchrony and speak with someone in the Philippines. N... Read More |
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0.50% | $2,500 | Learn More | |
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Pjamas | Sep 14, 2020 two thumbs up Read More |
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0.50% | $5,000 | Learn More | |
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CD Matured | Dec 10, 2019 My CD matured and they sent the money back. I am not getting a new CD now since rates are too low. I just wanted to say that the people were absolutely wonderful to deal with. Read More |
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0.45% | $500 | Learn More | |
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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0.45% | $1,500 | Learn More | |
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Savvysaver | Jun 25, 2020 Nope. As with the CIT quote 1.25% APY is a bit optimistic. Banesco's site offers .90%. |
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0.40% | $0 | Learn More | |
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WallyC | Dec 11, 2020 All the good reviews on this site are planted by the bank. This is the worst. It used to be good and the transfer speed is good. Still they lower their rates below anyone else and do it without the notice ... |
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0.40% | $500 | Learn More | |
Warning: Early Withdrawal Penalty is 12 months of interest |
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Anonymous | Jun 20, 2018 great find Jason, looks like this really was a to good to be true rate Read More |
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0.40% | $1,000 |
Learn More
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0.40% | $25,000 | Learn More | |
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ElMAC01 | May 20, 2021 opened the account because it is the only name on the list that sounded familiar ... works fine, no problems Read More |
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0.35% | $1,000 | Learn More | |
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Joe | Dec 5, 2020 I know rates are variable, at their discretion*, but in the time frame of 9 months their rates have dropped to 1/3 of what they were ! is that what some call a teaser rate in the beginning ??? Read More |
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0.35% | $1,000 | Learn More | |
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BeccaB-88 | Jul 21, 2020 Opened account a month ago. I've already seen the rate fall a couple of times, but have no other complaints. Easy process and a clear easy to use site (unlike Ally where I was before). Read More |
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0.30% | $0 | Learn More | |
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Rebecca01 | Aug 3, 2020 There is a lot to like about this account. American Express is a real organization and you are not playing with a bunch of amateurs like with a lot of these banks. However, they will be sure to lower the ... Read More |
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0.30% | $10,000 | Learn More | |
Warning: Early withdrawal penalty is 2% of principal |
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Jeff | Dec 26, 2018 I think it is 1% on 1-year CDs and 2% on anything between 1 and 4 years. Not great, but not the worst I have seen. Read 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 | |
Early Withdrawal Penalty is 270 days interest. |
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TulsaGirl01 | Apr 10, 2021 I opened an account a couple of years ago and had a dreadful experience. I saw two weeks ago that the rate was better than at Citizens so I closed that account for this one. I cannot access my money now or... Read More |
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0.25% | $10,000 | Learn More | |
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JZee73 | May 20, 2021 Lost in all of these reviews is that Purepoint is the bank that let's you have tons of corresponding accounts to which you can ACH money (their limit is something like 10). So, if you want to play this ga... Read More |
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0.15% | $500 | Learn More | |
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The Duffster | May 21, 2018 I wish I had never heard of or seen BBVA. It has been a disaster. Came to this site to find something else. Read More |
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0.15% | $500 | Learn More | |
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Jay | Jul 7, 2021 Avoid unless you want to spend your life on hold arguing about fees. They eventually reimburse them, but the hours needed to do it ended up valuing my time around 20 cents each. Read More |
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Restrictions |
0.15% | $25,000 |
Learn More
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Restrictions |
0.10% | $500 |
Learn More
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0.03% | $1,000 | Learn More | |
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Azblondie007 | Feb 24, 2020 I had been with USAA for 20 years. Had my checking, savings, auto and renters insurance and 2 credit cards with them. I work in the service industry and make a good portion of my income in cash tips. For 4... 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.
