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 - December 3, 2022
6 Month CD National Average: 0.28% ?
| BANK | APY? | MIN? | ||
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| Sponsored | Advertiser Disclosure | |||
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4.00% | $0 |
Learn More on the Bask Bank, a division of Texas Capital Bank website |
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Bask Certificate of Deposit (CD) Account — available with terms ranging from 6 months to 24 months with a minimum deposit of $1,000. Member FDIC. |
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4.30% | $25,000 | Learn More | |
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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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Restrictions |
4.29% | $500 | Learn More | |
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Jaben | Nov 14, 2022 Refused to waive penalties when I asked to move my CD into another 5 year CD in their institution prior to maturity, rather than withdrawing and placing in another bank. It took me several weeks to get a r... |
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4.20% | $10,000 | Learn More | |
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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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4.07% | $1,000 | Learn More | |
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Warning: Early Withdrawal Penalty is 180 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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3.80% | $500 | Learn More | |
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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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3.50% | $2,500 | Learn More | |
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Terri G | Nov 30, 2022 Sallie Mae managed to lose our $500,000 account and all the goodwill that had been built over 10 years plus as customers in one simple phone call. Their CSR began screaming at me when I inquired about a pr... |
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2.75% | $2,500 | Learn More | |
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Pjamas | Sep 14, 2020 two thumbs up Read More |
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2.75% | $25,000 | Learn More | |
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james | Aug 31, 2022 you can view but you wont get in. application can't go through, they can't help even you called, Bank just make show they exit. Read More |
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2.70% | $0 | Learn More | |
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Bob | Nov 1, 2022 I never in my 80 years of life seen a company that treat their customers like shit and still expect them to come back. I have always paid my bills monthly without hesitation, in the past I have had so many... Read More |
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2.70% | $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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2.70% | $5,000 | Learn More | |
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Early withdrawal penalty is 3 Months' Interest. |
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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 |
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2.50% | $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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Restrictions |
2.00% | $1,000 | Learn More | |
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Early Withdrawal Penalty is all interest earned. |
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Michael | Nov 11, 2022 I have been with PenFed for a number of years, and have gotten good products. Employees have been helpful. However, beware of titling for accounts with trusts. You will not be able to distinguish betw... |
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2.00% | $25,000 | Learn More | |
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yesiam | Aug 16, 2022 ally is still the gold standard in online banking, but the rate needs to get more competitive and the wait to speak to someone on the phone is just ridiculous. Read More |
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1.80% | $500 | Learn More | |
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Richard | Jul 1, 2022 Very easy opening process and wonderful staff. |
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Restrictions |
1.75% | $500 |
Learn More
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1.75% | $1,000 | Learn More | |
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Yat 1965 | Mar 19, 2022 Problem with ties to puppy mills. I closed a cct. https://www.americanbanker.com/news/tab-bank-dragged-into-seedy-world-of-puppy-mill-loans-by-fintech-partner |
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1.65% | $500 | Learn More | |
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John WIlliamson | Aug 6, 2022 The idea that they aren't competing is wrong. They'll give you 1% more on your savings if you run around promoting their brand and get a friend to sign up. Great marketing scheme actually, since those so i... Read More |
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1.50% | $1,000 | Learn More | |
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Emigrant is a game | Sep 17, 2020 It is a complete game between MySavings, DollarSavings and Emigrant. Some days one has a competitive rate, the next day the rate on that one has dropped to zero and it is one of the other brands that has... Read More |
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1.50% | $1,000 | Learn More | |
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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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0.50% | $1,000 | Learn More | |
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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 |
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0.20% | $1,000 | Learn More | |
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cautious | Oct 29, 2022 Caveat Emptor! Like others, attracted to their competitive rates. Moved 125K into their MMA from my credit union. They have a system that somehow displays account information from other institutions to be ... Read More |
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0.15% | $2,500 | Learn More | |
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Jay | Jan 4, 2020 Be aware, when cd comes due, they mail a check to your home which takes 7-10 business days. That is a long time to have money not drawing any interest. Read More |
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0.15% | $10,000 | Learn More | |
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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 |
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0.14% | $2,000 | Learn More | |
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WPT | Nov 2, 2020 Got the account opened after weeks and finally got it funded and then they dropped the rate the next day and it is no longer competitive. |
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0.10% | $0 | Learn More | |
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Chris | Aug 31, 2022 never had a problem moving money in/out. After trying a couple banks with higher rates but less service will be moving my money back here. Read More |
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0.10% | $1,000 |
Learn More
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0.10% | $1,000 | Learn More | |
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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... |
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0.10% | $2,500 | Learn More | |
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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... |
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0.03% | $1,000 | Learn More | |
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RYAN S | Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More |
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Restrictions |
0.01% | $500 |
Learn More
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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.
