Online CD Rates 2021 – Specials

Online banks occasionally offer special rates for Certificates of Deposit with unusual terms (non-standard lengths). The CDs are often worth looking at carefully. Banks may offer these special CDs for marketing purposes, believing, for example, that a 15-month CD or a 16-month CD is more likely to catch customers’ attention. In order to make these CDs attractive, banks also often price these CDs so that they have higher yields than even the highest yielding CDs of slightly longer lengths (i.e., 15 or 16-month CDs may be higher yielding than 18 month CDs).

January 24, 2021

Advertiser Disclosure
Institution APY? MIN? PERIOD
EBSB Direct
0.70% $1,000 15 months Learn More
Dollar Savings Direct, a division of Emigrant Bank
0.60% $1,000 16 months Learn More
My Savings Direct, a division of Emigrant Bank
0.60% $1,000 30 months Learn More
Norwood Bank
0.55% $2,500 7 months Learn More
11-Month No Penalty CD
Navy Federal Credit Union
0.55% $100,000 9 months Learn More
Early Withdrawal Penalty is all interest earned in the first 12 months.
11-Month No Penalty CD
Home Loan Investment Bank, F.S.B.
0.50% $2,500 30 months Learn More
7-Month No Penalty CD
Colorado Federal Savings Bank
0.45% $5,000 11 months Learn More
Must deposit at least $500 to open this account. Interest will be compounded on a daily basis and interest will be credited to your account every 3 months. If the account is unfunded or has a balance less than $500 for more than 20 days, the bank will close it.
11-Month No Penalty CD
Bank of Montreal Harris
0.10% $5,000 9 months Learn More
13-Month No Penalty CD
11m Liquid CD


BestCashCow is the most comprehensive source of bank rate information. These special-term CDs are listed so that the site’s users may find the most appropriate deposit products for them. Users are also advised to compare these against comparable standard length CDs, using the tabs above, and to also compare these rates with those offered by banks and credit unions near you, also scrolling from the selection above.

According to the terms of a CD, a CD will ordinarily automatically renew at maturity for the same length at the bank’s prevailing rate if the customer does not provide notice within a notice period of their intent to redeem the CD. Special CDs renew for either a shorter or a longer term. BestCashCow therefore recommends that customers take note of the maturity dates of their CDs, and understand the renewal terms if they do not redeem them at maturity.

All banks listed on BestCashCow are FDIC insured; 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.