Six month Certificates of Deposit (CD) rates from online banks are often 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 6-Month Online CD Rates - July 30, 2025
6 Month CD National Average: 0.41% ?
| BANK | APY? | MIN? | |
|---|---|---|---|
|
|
4.50% | $500 | Learn More |
|
Rate History: 5.30% → 5.20% → 4.70% → 4.30% → 4.50% |
|||
|
Dudley | Apr 18, 2018 Worst experience of my life. Did not fund and gave $25 to my own charity. Read More |
|||
|
|
4.50% | $50,000 | Learn More |
|
Rate History: 4.50% → 4.75% → 4.50% → 4.30% → 4.50% |
|||
|
Geoffrey Christopher 1 | Nov 12, 2023 Finworth looks legit, but their online disclosures and incomplete and you cannot reach them by phone and they don't respond to inquiries. I am moving along and you should too. Read More |
|||
|
|
4.45% | $1,500 | Learn More |
|
Rate History: 4.65% → 4.50% → 4.40% → 4.35% → 4.45% |
|||
|
m abram | Jul 4, 2025 Bread's current 6-month CD is 4.45%, not 4.35%. Read More |
|||
|
|
4.45% | $5,000 | Learn More |
|
Early withdrawal penalty is 3 Months' Interest. |
|||
|
jp2 | Jul 1, 2022 not really an onllne bank. compare this interface that gives you no information with that of any other bank (I cannot even confirm the rate). cannot switch in and out of cds or np cds. just not an online b... Read More |
|||
|
|
4.41% | $1,000 | Learn More |
|
Early Withdrawal Penalty is 90 days interest. |
|||
|
Az1 | Aug 26, 2022 Too slow to raise rates. Read More |
|||
|
|
4.40% | $10,000 | Learn More |
|
Rate History: 4.51% → 4.40% → 4.35% → 4.30% → 4.40% |
|||
|
Neil | Dec 18, 2023 I submitted a CD application 18 months 5.50 APY over a week ago and my application was declined no reason was given, I have the funds in another bank for transfer, credit score over 800. I think the reason... Read More |
|||
|
|
4.40%
3.75% |
$10,000
$2,500 |
Learn More |
|
Rate History: 4.50% → 4.20% → 4.00% → 4.15% → 4.40% |
|||
|
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 |
|||
|
|
4.40% | $25,000 | Learn More |
|
Early Withdrawal Penalty is 90 days interest. |
|||
|
Frank M | Jul 3, 2023 A 2% early withdrawal fee on a 1-year CD is almost equally insane as a 270 day one. |
|||
|
|
4.40%
4.25% |
$50,000
$5,000 |
Learn More |
|
6 Month Jumbo CD. |
|||
|
norich@aol.com | Mar 19, 2024 I have 5 other cd's at competing banks and have not had trouble. I tried 3 times today to open one w/ bradesco and it repeatedly declines my app after I input the code they sent me. Customer service was no... Read More |
|||
|
|
4.35% | $500 | Learn More |
|
Rate History: 4.95% → 4.90% → 4.65% → 4.50% → 4.35% |
|||
|
JBaker65 | May 6, 2023 Fully functional bank account that would be great for my needs, but the quarterly interest payment thing is a real nuisance. I wish they would change it. It isn't market. |
|||
|
|
4.35% | $1,000 | Learn More |
|
Rate History: 3.50% → 4.50% → 4.75% → 4.65% → 4.35% |
|||
|
bws/esc | Apr 27, 2023 have had 3 cd accounts. all interactions with instructions for disposition of funds were never exactly enacted as discussed and requests for confirmatory emails never sent with details as terms discussed. ... Read More |
|||
|
|
4.34% | $500 | Learn More |
|
No Penalty CD. |
|||
|
tjgarnett | Mar 2, 2024 Attracted to the name, but the service had too many steps so I didn't open an account. |
|||
|
|
4.28% | $1,000 | Learn More |
|
Warning: Early Withdrawal Penalty is 180 days interest. |
|||
|
Beenthere | Jan 30, 2024 Have an IRA rollover, they don't take IRAs any longer. |
|||
|
|
4.26% | $1,000 | Learn More |
|
Early Withdrawal Penalty is 30 days. |
|||
|
ytr0171 | Jul 23, 2023 easy to work with but the rate isn't competitive. not even the leading savings rate banks are competitive versus short us treasuries. Read More |
|||
|
|
4.25% | $500 | Learn More |
|
Rate History: 4.60% → 4.50% → 4.40% → 4.35% → 4.25% |
|||
|
HonestReview | Apr 19, 2023 This bank was honest and I had no problems with them in person. Not everyone was equally competent but they got help. |
|||
|
|
4.25% | $500 |
Learn More
|
|
Early Withdrawal Penalty is 3 months interest. |
|||
|
|
4.20% | $500 | Learn More |
|
Rate History: 4.50% → 4.30% → 4.20% → 4.10% → 4.20% |
|||
|
A Terkowitz | Feb 15, 2024 best bank on the list but no longer the most competitive Read More |
|||
|
|
4.20% | $1,000 | Learn More |
|
Early Withdrawal Penalty is 90 days interest. |
|||
|
smithy1968 | Apr 20, 2024 Save your tears for another day. Very frustrating. 1-star. Read More |
|||
|
|
4.15% | $500 | Learn More |
|
Rate History: 2.25% → 4.90% |
|||
|
Richard | Jul 1, 2022 Very easy opening process and wonderful staff. |
|||
|
|
4.15% | $500 | Learn More |
|
Rate History: 4.25% → 4.15% |
|||
|
James A. Elder | Mar 25, 2020 I was told on the phone by a bank rep that my present money market acct interest rate would continue at 2.25% until June 30, 2020 and would be FDIC covered up to $250,000. Please verify if this is true???... |
|||
|
|
4.15% | $500 |
Learn More
|
|
Rate History: 1.00% → 3.85% → 4.25% → 4.15% |
|||
|
|
4.15% | $2,500 | Learn More |
|
Rate History: 4.55% → 4.25% → 4.30% → 3.95% → 4.15% |
|||
|
HAL1975 | Aug 2, 2023 Sallie mae is just a horrible institution. We've done business with them before and swore on the holy bible not to go near there again, but a 18 mos cd at 5.55% brought us back. |
|||
|
|
4.14% | $1,000 | Learn More |
|
Rate History: 4.19% → 4.24% → 4.30% → 4.35% → 4.14% |
|||
|
kenbeckyreese@icloud.com | Feb 12, 2020 WILL YOU CASH MY EE SAVINGS BONDS? PLEASE ADVSE. |
|||
|
|
4.10% | $500 | Learn More |
|
Rate History: 4.70% → 4.50% → 4.30% → 4.20% → 4.10% |
|||
|
Jim S | Dec 21, 2023 Very easy to setup 6 month 5.35% CD from cornerstone account Read More |
|||
|
|
4.10% | $1,000 | Learn More |
|
Frank | Apr 8, 2019 Their online interface is circa 2004. They limit the number of accounts you can set up for ACH. And they sit on ACH transfers.... for days. Not sure if the good rates are worth it. Read More |
|||
|
|
4.05% | $1,000 | Learn More |
|
Rate History: 5.00% → 4.65% → 4.30% → 3.79% → 4.05% |
|||
|
nonsense | May 21, 2021 avoid this Read More |
|||
|
|
4.00% | $500 | Learn More |
|
6 Month CD. |
|||
|
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 |
|||
|
|
4.00% | $500 | Learn More |
|
Rate History: 1.00% → 0.06% → 4.00% |
|||
|
me joe | Apr 25, 2022 broke the machine, braddah |
|||
|
|
4.00% | $500 | Learn More |
|
Rate History: 5.00% → 4.75% → 4.00% |
|||
|
Mike Brown | Jul 6, 2023 This is an example of a bad bank. Their online process for purchasing a CD is horrible. You fill it out and it rejects it after all of your private information is disclosed. They there customer service is ... Read More |
|||
|
|
4.00% | $1,000 | Learn More |
|
Rate History: 5.25% → 4.75% → 4.15% → 4.25% → 4.00% |
|||
|
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 |
|||
|
|
4.00% | $2,500 | Learn More |
|
Rate History: 5.30% → 5.00% → 4.80% → 4.00% |
|||
|
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... |
|||
|
|
3.90% | $0 | Learn More |
|
Rate History: 4.60% → 4.30% → 4.20% → 4.05% → 3.90% |
|||
|
Rad | Aug 13, 2023 Been a customer for a couple of years now with interesting checking, been a happy customer. They give you a $10 reimbursement on atm fees per statement cycle. They pay you to leave your money there curre... Read More |
|||
|
|
3.90% | $1,000 | Learn More |
|
Early withdrawal penalty is one-fourth the amount of interest that would have been earned had CD been held to maturity. |
|||
|
smithy1968 | Mar 20, 2025 A non-customer-friendly organization that just switches between two contaminated brands trying to bring back some sort of goodwill that it had before it started selling fake foreign currency CDs in 2006 an... Read More |
|||
|
|
3.87% | $2,500 | Learn More |
|
Early Withdrawal Penalty is 3 months interest. |
|||
|
JC | Jun 1, 2021 Update: STAY AWAY FROM THIS BANK! They have no clue how to run an online bank. This bank is not ready for prime time. Nothing but problems. Customer service is dismal at best. |
|||
|
|
3.80% | $0 | Learn More |
|
Early Withdrawal Penalty is 3 months interest. |
|||
|
highstream | Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More |
|||
|
|
3.80% | $0 | Learn More |
|
Rate History: 5.10% → 5.00% → 4.65% → 4.00% → 3.80% |
|||
|
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... |
|||
|
|
3.75% | $500 | Learn More |
|
Warning: Early withdrawal penalty equals six months of interest. |
|||
|
JuanVelasco | Mar 17, 2023 STAY AWAY ! They closed my accounts with no warning. After multiple successful direct deposits and mobile checks deposits, they claimed one of the three checks I deposited a few days ago was fake. No... |
|||
|
|
3.75% | $1,000 | Learn More |
|
Rate History: 1.50% → 2.50% → 4.00% → 3.75% |
|||
|
not perfect but | Apr 25, 2023 with all of these online bank, including the well known ones, delaying transfers forever in order to fund these high rates, this one still executes inbound and outbound transfers immediately. Read More |
|||
|
|
3.75% | $1,000 | Learn More |
|
Rate History: 4.00% → 3.75% |
|||
|
J Dally | Jun 13, 2023 I'll steer clear of Dollar Savings Direct and My Savings Direct until they guarantee users at both online divisions their best rates. Banks have the right to segment their customers yes, but these games w... Read More |
|||
|
|
3.70% | $0 | Learn More |
|
Rate History: 4.80% → 4.40% → 4.20% → 3.90% → 3.70% |
|||
|
mcriss | Oct 23, 2023 Synchrony Bank recently closed 3 of my accounts with them and this decision was completely unwarranted. I had two Guitar Center cards and one Levin Furniture card. I found out about this through a push not... Read More |
|||
|
|
3.70% | $2,500 | Learn More |
|
Rate History: 4.35% → 4.25% → 3.90% → 3.70% |
|||
|
AVOID_ READ_CAREFULLY | Jan 10, 2024 AVOID at all costs. We read the addendum to the final page of the LENGTHY account agreement mailed to us after completing the online portion. Guess what? It gives this sweet seeming Discover Bank access to... Read More |
|||
|
|
3.50% | $2,500 | Learn More |
|
Rate History: 0.10% → 3.50% |
|||
|
dbestway@gmail.com | Aug 13, 2019 I filled out the application 10 days ago answering all questions and sent a file with a copy of my drivers license to Western Bank. I received an email saying that a banker would call me within one busines... |
|||
|
|
3.38% | $500 |
Learn More
|
|
Rate History: 3.53% → 3.79% → 3.53% → 3.43% → 3.38% |
|||
|
|
3.35% | $10,000 | Learn More |
|
D R Lineberger | Dec 30, 2018 Garden14 Read More |
|||
|
|
3.00% | $0 | Learn More |
|
Rate History: 4.70% → 4.50% → 4.30% → 3.90% → 3.00% |
|||
|
Jenny Kingston | Jun 10, 2024 I guess customer service is in the US (not sure). I'd rather that someone in the Philippines answered though. These people are so poorly trained and ill informed that I do not trust them with my personal... Read More |
|||
|
|
3.00% | $1,000 | Learn More |
|
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 |
|||
|
|
3.00% | $1,000 | Learn More |
|
Rate History: 0.65% → 3.25% → 3.00% → 3.20% → 3.00% |
|||
|
Gripp13 | Jan 27, 2023 The worst bank I have ever had Read More |
|||
|
Restrictions |
2.90% | $1,000 | Learn More |
|
Rate History: 3.00% → 2.90% |
|||
|
Rob | Dec 25, 2023 I joined in PENFED in Spring Of 2023 after 15 yrs of belonging to one of the banking giants. I found my accounts dwindling fast unexplained decreases. I decided to close the account but had to return a mer... |
|||
|
|
2.50% | $1,000 |
Learn More
|
|
Restrictions |
2.23% | $500 | Learn More |
|
Rate History: 4.87% → 4.35% → 4.08% → 3.40% → 2.23% |
|||
|
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... |
|||
|
|
1.50% | $1,000 | Learn More |
|
Early Withdrawal Penalty is all interest earned. |
|||
|
Jeffinnh | Mar 30, 2021 These guys are the best local bank. Very responsive. |
|||
|
|
1.00% | $1,000 |
Learn More
|
|
|
0.75% | $0 | Learn More |
|
Stella | Apr 30, 2019 No issues. I feel confident using them. Read More |
|||
|
|
0.20% | $1,000 | Learn More |
|
JR48 | Dec 21, 2022 Stay away from this bait and switch bank that uses teaser rates. They lowered my interest rate twice in the first 2 months of opening my account. They said they had the right to change their rate at any ti... Read More |
|||
|
|
0.15% | $10,000 | Learn More |
|
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 |
|||
|
|
0.01% | $500 |
Learn More
|
|
Restrictions |
0.01% | $500 |
Learn More
|
Online banks generally provide better rates on six month certificates of deposit in return for the depositor opening the CD online and interacting with the bank online or via phone. There is no branch which the depositor can visit to ask questions, roll over the CD, or open the account.
Other than the way a CD from an online bank is opened and serviced, the rest of the characteristics are the same as a branch-opened CD.
When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the 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.
