Four-Year Certificates of Deposit (CD) are not as popular as the three and five year terms which means the rates often aren’t as competitive. The best four year cd rates are often only marginally above the 3 year rates. Nevertheless, for those who want to lock in a rate for a longer period of time, 4 year cds are worth a look. Four Year CDs rates from online banks are often higher than the national average.
Highest Four-Year Online CD Rates - January 18, 2021
4 Year CD National Average: 0.70% ?
| BANK | APY? | Vs. Nat'l Av. |
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| Sponsored | Advertiser Disclosure | |||
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1.04% | 1.48x | $1,000 | Learn More |
Minimum deposit to open is $1,000.
Terms from 6 months to 5 years
Free online banking to view balances
Available interest payment options
Penalty for early withdrawal may apply |
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Joe & D | Dec 05, 2020 Very happy with Primary Bank and Derry Branch Staff all customer relations make you feel that your business is important to the bank Lauren Branch Manager and Elizabeth have been there to assist us and m... |
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0.98% | 1.39x | $175,000 | 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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Restrictions |
0.90% | 1.28x | $100,000 | Learn More |
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Savvysaver | Jun 25, 2020 Sorry, not 1.30% APY. 1.05%, 1.10% for balances above $100k |
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0.86% | 1.22x | $1,000 | Learn More |
Early Withdrawal Penalty is 360 days interest. |
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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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0.85% | 1.21x | $1,500 | Learn More |
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EJ24 | Jan 14, 2021 Easiest account set-up process ever. Read More |
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0.85% | 1.21x | $25,000 | Learn More |
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Savvysaver | Jun 25, 2020 Ok, GFB's site a bit more compliant today. Unfortunately the rate posted here is not current. 1.05% and look at that minimum! Read More |
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Restrictions |
0.80% | 1.14x | $500 | Learn More |
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Run Away As Fast As You Can | Aug 15, 2019 I applied for a jumbo CD account over two weeks ago. They asked me for more documentation than my mortgage company did and then they did a hard credit pull. They advertise fast and simple they are simply n... |
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0.80% | 1.14x | $1,000 | Learn More |
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VP Michael Penis | Oct 24, 2020 Avoid any bank that lowers its savings rate from 0.90% to 0.65% without any notice to customers. just avoid it. |
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0.70% | 1.00x | $500 | Learn More |
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Stu | Apr 17, 2020 I have had a CD and passbook for a year or so and have had decent enough service and return. Can't complain. |
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0.70% | 1.00x | $1,000 | Learn More |
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Dudley | Apr 18, 2018 Worst experience of my life. Did not fund and gave $25 to my own charity. Read More |
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0.70% | 1.00x | $2,000 | Learn More |
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Del | Oct 03, 2020 I cannot overstate how incompetent Synchrony is. Even though I called multiple times before my CD was coming due to indicate that I didn't want it to autorenew, they autorenewed it. This could only have b... Read More |
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0.70% | 1.00x | $2,500 | Learn More |
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Summit Girl | Sep 03, 2020 This is the best bank on the list. Great service, competitive rates, no problems. |
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Restrictions |
0.65% | 0.92x | $1,000 | Learn More |
Early Withdrawal Penalty is the greater of: everything earned in the first 12 months or 30% of total dividends that would have been earned if held to maturity, but not to exceed total dividends paid. |
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LizaBBBB | Sep 06, 2020 Yes, Pentagon had good rate initially, but it disappeared at renewal. We have top credit score (835). |
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0.60% | 0.85x | $0 | Learn More |
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EduardoC | Dec 12, 2020 "keeping their savings rate competitive" - they aren't. Read More |
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0.60% | 0.85x | $1,000 | Learn More |
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John t. | Jul 24, 2020 Went to renew a cd at branch in Jacksonville Fl , on main street, they said I would have to keep driving around building , if any cars came in behind me. They have 2 drive throughs and wouldn't open other... Read More |
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0.60% | 0.85x | $10,000 | Learn More |
Early Withdrawal Penalty is 365 days interest. |
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wabuf | Dec 03, 2019 Awful bank, offer you a high savings rate, then drop Ong the rate so rapidly. Read More |
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0.55% | 0.78x | $500 | Learn More |
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Deadwood | Jan 15, 2021 Marcus really doesn't disappoint. Great customer service. I could be angry about the rate but look at this other brands. Read More |
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0.55% | 0.78x | $1,000 |
Learn More
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0.55% | 0.78x | $2,500 | Learn More |
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Pjamas | Sep 14, 2020 two thumbs up Read More |
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0.50% | 0.71x | $0 | Learn More |
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Rebecca01 | Aug 03, 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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0.50% | 0.71x | $500 |
Learn More
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Early Withdrawal Penalty is 180 days interest. |
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0.50% | 0.71x | $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% | 0.71x | $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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0.50% | 0.71x | $10,000 | Learn More |
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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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Restrictions |
0.50% | 0.71x | $100,000 |
Learn More
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Restrictions |
0.45% | 0.64x | $25,000 |
Learn More
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0.40% | 0.57x | $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% | 0.57x | $500 | Learn More |
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Chenkin1 | Jan 05, 2021 AVOID! Sneakers play games and take your money in fees and you'll end up earning much much less than Marcus or Ally. Read More |
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0.35% | 0.50x | $1,000 | Learn More |
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Joe | Dec 05, 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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0.30% | 0.43x | $1,000 | Learn More |
Warning: Early Withdrawal Penalty is the greater of all credited interest or 90 days interest. |
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Eddie | Dec 05, 2019 No |
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0.25% | 0.36x | $10,000 | Learn More |
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Gustavo L 18 | Feb 28, 2020 Purepoint is great. Only Citizens Access is better and I've had all of these. I have nothing to gain by saying this, but I would opt for Purepoint when the rates are comparable. Read More |
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0.20% | 0.28x | $1,000 | Learn More |
$1,000 minimum amount to open an account
No setup or maintenance fees
Additional deposits are permitted during the term of the CD.
•Interest is earned daily, credited and compounded monthly.
•Interest begins to accrue on the business day you deposit cash and non-cash items.
•The interest rate will be paid until the maturity date of your certificate.
•The account will automatically renew at maturity. You will have 10 calendar days (grace period) after the maturity date to withdraw your funds without being charged a penalty.
•No withdrawals from this account may be made without penalty until the maturity date.
•A penalty may be imposed for withdrawals before maturity:
--For CD’s with terms of less than twelve months, we may impose a penalty equal to three months’ interest on the entire CD amount, rather than the amount withdrawn subject to penalty.
--For CD’s with terms equal to or greater than twelve months, we may impose a penalty equal to six months’ interest on the entire CD amount, rather than the amount withdrawn subject to penalty. |
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Yella | Jan 04, 2021 I am very upset. This was advertised on this site or some other site. It was impossible to get the account opened. When I reached people on the phone, they were nasty. Now the rate is lower and I cannot ge... Read More |
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0.20% | 0.28x | $5,000 | Learn More |
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Jeremy | Aug 25, 2020 I cannot say that I am too happy about the rate, but the service on this one is excellent. Read More |
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Four year CDs are a longer-term CD and offer a fixed rate for 4 years in return for a commitment to keep the money in the bank for this period of time. While savers can withdraw the money (termed "breaking the CD") high penalties make this undesirable. Generally, an individual should not invest in a four year CD unless they are comfortable parting with the money for this period of time.
Four year CDs from FDIC insured banks are insured up to FDIC limits (generally $250,000 per account holder per bank). If your deposit is over the FDIC limit then you may not receive the uninsured money in case of a bank failure. For this who remain within FDIC limits, the principal threat is inflation. The value of longer-term CDs are especially prone to be eaten away by inflation, especially if the CD is opened in a rising rate environment.
Four year CDs currently pay between .40-.60 percentage points more in interest than a one year CD. In general, CDs of this duration are best opened as part of a laddered CD portfolio or if the depositor thinks that rates will either stagnate or drop over the next couple of years. To get a sense of rate trends, please visit our BestCashCow rate analysis page.
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.
