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 26, 2021
6 Month CD National Average: 0.27% ?
| BANK | APY? | MIN? | ||
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0.50% | $1,000 | Learn More | |
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Savvysaver | Jun 26, 2020 Rate not current Read More |
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0.50% | $25,000 | Learn More | |
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SandyB | Aug 25, 2020 Bank is owned by a Florida bank and yet I wasn't able to open an account because I live in Florida. Go figure! Read More |
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0.45% | $1,000 | Learn More | |
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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0.45% | $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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0.40% | $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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0.40% | $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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0.35% | $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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Restrictions |
0.35% | $1,000 | Learn More | |
Early Withdrawal Penalty is all interest earned. |
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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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0.35% | $1,000 | Learn More | |
Warning: Early Withdrawal Penalty is the greater of: 90 days interest or all interest earned. |
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Jay Riesman | Apr 9, 2021 Unprofessional in every way imaginable. |
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0.35% | $5,000 | Learn More | |
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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 |
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0.35% | $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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0.30% | $2,500 | Learn More | |
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EBHYT | Aug 4, 2020 Sallie Mae is going to absolutely be the right bank for you if you enjoy calling during normal business hours and speaking with a automated voice response system that gives you no information and refuses t... |
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0.25% | $1,000 | 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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0.25% | $2,500 | Learn More | |
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Pjamas | Sep 14, 2020 two thumbs up Read More |
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0.25% | $2,500 | Learn More | |
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John G | Jun 25, 2021 A clear case of bait and switch advertising there CD rates and then constantly dropping then before anyone can open an acocunt. I have filed a complaint with CFPB. |
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0.25% | $2,500 | Learn More | |
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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... |
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0.25% | $25,000 | Learn More | |
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EduardoC | Dec 12, 2020 "keeping their savings rate competitive" - they aren't. Read More |
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0.20% | $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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0.20% | $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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0.15% | $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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0.15% | $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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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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0.15% | $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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0.14% | $2,000 | Learn More | |
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Matt | Feb 28, 2021 The info in this comment is misleading. Bank is located in Willmar MN (not Minneapolis), but account may be opened online regardless of where you live. FDIC insures $250K, and eCentive account pays prem... |
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0.10% | $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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0.10% | $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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0.10% | $1,000 |
Learn More
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0.10% | $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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0.10% | $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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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 |
0.01% | $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.
