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 19, 2022
18 Month CD National Average: 0.45% ?
| BANK | APY? | MIN? | ||
|---|---|---|---|---|
|
|
0.80% | $2,500 | Learn More | |
|
Regan Dave | Nov 13, 2021 Rate is not unattractive in this environment but I will wait until January or February and see where things are then. |
||||
|
|
0.77% | $5,000 | Learn More | |
|
DaveJ | Jun 21, 2021 Bad experiences with this bank and maturing CD's. I wanted the funds returned to my external bank and not rolled over into another CD. After several phone calls, and messages sent through their secure mess... Read More |
||||
|
|
0.70% | $500 | Learn More | |
|
Johanna | Dec 16, 2021 This is the one. I've been a customer for many years. Never a problem. Great service. Rates are always consistently among the best. No need to constantly move. Read More |
||||
|
|
0.70% | $2,000 | Learn More | |
|
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 |
||||
|
|
0.65% | $1,000 | Learn More | |
Early Withdrawal Penalty is 180 days. |
||||
|
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... |
||||
|
|
0.65% | $1,000 | Learn More | |
|
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 |
||||
|
|
0.65% | $2,500 | Learn More | |
|
j975 | Nov 6, 2021 Website agonizingly SLOOOOOWWW. Only 3 linked external accounts allowed. |
||||
|
|
0.65% | $2,500 | Learn More | |
|
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... |
||||
|
|
0.65% | $25,000 | Learn More | |
Warning: Early Withdrawal Penalty is 2% of the account balance. |
||||
|
Al | Apr 12, 2021 Frustrating. The initial application form is a breeze. Then the problems start. Many hoops to jump through. |
||||
|
|
0.60% | $0 | Learn More | |
|
GAM | Nov 8, 2021 As of 11/03/2021 online savings rate increased to 0.50% |
||||
|
|
0.60% | $1,000 | Learn More | |
|
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 |
||||
|
|
0.60% | $1,000 | Learn More | |
|
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 |
||||
|
|
0.60% | $1,000 | Learn More | |
|
Joy | Feb 28, 2021 ACH transfers limited to $3,000, unsecured website, emailing acct numbers, hours to reach customer service. Need not say more. |
||||
|
|
0.60% | $2,500 | Learn More | |
|
Pjamas | Sep 14, 2020 two thumbs up Read More |
||||
|
|
0.60% | $10,000 | Learn More | |
|
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 |
||||
|
|
0.60% | $25,000 | Learn More | |
|
JC | Nov 5, 2021 I opened an interest checking account with Ally after reading all the glowing comments online. My first experience with Ally was anything but glowing. The customer rep tried to charge me $15 for a debit ca... Read More |
||||
|
Restrictions |
0.60% | $100,000 | Learn More | |
|
David | Jul 16, 2021 David |
||||
|
|
0.56% | $750 | Learn More | |
Warning: Early Withdrawal Penalty is the greater of all credited interest or 90 days interest. |
||||
|
Jay Riesman | Apr 9, 2021 Unprofessional in every way imaginable. |
||||
|
|
0.55% | $500 | Learn More | |
|
Michelle G | Jul 15, 2021 Marcus is the very best online banking experience that I have ever had. Read More |
||||
|
|
0.55% | $500 | Learn More | |
|
JaySN | Dec 6, 2021 Works fine, but I wish interest were credited monthly and not quarterly. |
||||
|
Restrictions |
0.55% | $1,000 | Learn More | |
|
David | Jul 16, 2021 David |
||||
|
|
0.55% | $5,000 | Learn More | |
|
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 |
||||
|
|
0.45% | $500 | Learn More | |
Available in all states except MA/RI. |
||||
|
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 |
||||
|
|
0.45% | $1,500 | Learn More | |
|
Savvysaver | Jun 25, 2020 Nope. As with the CIT quote 1.25% APY is a bit optimistic. Banesco's site offers .90%. |
||||
|
|
0.40% | $500 | Learn More | |
Warning: Early Withdrawal Penalty is 12 months of interest |
||||
|
Jason | Jun 20, 2018 Their website says the offer is going away tomorrow at 9AM EST. Hurry! Read More |
||||
|
|
0.40% | $1,000 |
Learn More
|
|
|
|
0.40% | $25,000 | Learn More | |
|
me | Oct 13, 2021 Good for savers. Easy to transfer funds in and out, not paying high transaction processing $ or being limited to low amounts per day. Does not subject applicants to very much ID interrogation and apparent... Read More |
||||
|
|
0.35% | $1,000 | Learn More | |
|
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 |
||||
|
|
0.35% | $1,000 | Learn More | |
|
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 |
||||
|
|
0.30% | $0 | Learn More | |
|
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 |
||||
|
|
0.30% | $10,000 | Learn More | |
Warning: Early withdrawal penalty is 2% of principal |
||||
|
carscoupons@comcast.net | Sep 6, 2019 Went to bank yesterday this is not a good rate. Needs to be updated. Read More |
||||
|
|
0.30% | $25,000 | Learn More | |
|
aprz | Jul 3, 2019 Just set up an account. Don't know long term yet, however they were (Kelsey) a dream to work with. |
||||
|
|
0.25% | $10,000 | Learn More | |
Early Withdrawal Penalty is 270 days interest. |
||||
|
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 |
||||
|
|
0.25% | $10,000 | Learn More | |
|
GAM | Dec 8, 2021 Marcus (GS) and Barclay high yield savings both 0.50%. Read More |
||||
|
|
0.15% | $500 | Learn More | |
|
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 |
||||
|
|
0.15% | $500 | Learn More | |
|
fdknef | Jul 9, 2021 "Vio" application process is defective, I used to work on bank security so truthfully responded. Requires documentation which I sent in at length and then got denied because of unknown reasons. Have excell... Read More |
||||
|
Restrictions |
0.15% | $25,000 |
Learn More
|
|
|
|
0.10% | $500 | Learn More | |
|
Mike | Jan 10, 2022 Opened for the higher rate. Somewhat tricky to get the account opened, and I am disappointed to learn that albeit a Massachusetts bank it does not do DIY so cannot deposit over 1/4 mil. |
||||
|
Restrictions |
0.10% | $500 |
Learn More
|
|
|
|
0.03% | $1,000 | Learn More | |
|
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 |
||||
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.
