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 - October 18, 2021
4 Year CD National Average: 0.69% ?
| BANK | APY? | MIN? | ||
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0.85% | $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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0.85% | $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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0.80% | $1,500 | Learn More | |
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LiamL | Sep 19, 2021 I have not had the problems described by others here, but I find that the website does not inspire confidence. Read More |
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0.80% | $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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0.75% | $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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Restrictions |
0.75% | $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 6, 2020 Yes, Pentagon had good rate initially, but it disappeared at renewal. We have top credit score (835). |
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0.75% | $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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0.75% | $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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0.70% | $500 | Learn More | |
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John218632 | Oct 1, 2021 I opened the account, having seen it listed on this site or on ratesandinfo.com after they raised their rate. I have not been disappointed but I have not needed to reach customer service. I did notice that... |
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0.70% | $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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0.70% | $2,500 | Learn More | |
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Bob Jensen | Sep 1, 2021 been here a while. generally pleased. friendly folks give impression of a local bank with online access. website was difficult to read and the new one is cleaner. i will continue to bank with them. |
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0.65% | $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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0.65% | $2,500 | Learn More | |
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Pjamas | Sep 14, 2020 two thumbs up Read More |
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0.60% | $10,000 | Learn More | |
Early Withdrawal Penalty is 365 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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0.55% | $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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0.55% | $1,000 |
Learn More
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0.50% | $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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0.50% | $500 |
Learn More
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Early Withdrawal Penalty is 180 days interest. |
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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% | $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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0.45% | $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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0.40% | $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 | |
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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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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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0.30% | $1,000 | 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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Restrictions |
0.30% | $100,000 |
Learn 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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0.20% | $1,000 | Learn More | |
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jason t | Apr 19, 2021 more problems than i or anyone should have time for Read More |
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0.20% | $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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0.20% | $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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Restrictions |
0.15% | $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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0.06% | $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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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.
