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Online CD Rates 2023 – 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).

March 21, 2023

Institution APY? MIN? PERIOD
Capital One 360
5.00% $0 11 months Learn More

15-Month CD.

Warning: This special term CD carries an early withdrawal penalty of 180 days interest, whereas the bank's 12-month CD is only very slight lower and has an early withdrawal penalty of 90 days interest.

North American Savings Bank, F.S.B.
4.86% $5,000 13 months Learn More
Brilliant Bank
4.85% $1,000 15 months Learn More

11-Month No Penalty CD

CIT Bank, a division of First-Citizens Bank and Trust
4.65% $1,000 13 months Learn More
Pentagon
Restrictions
4.65% $1,000 15 months Learn More

Early withdrawal penalty is 180 days interest.

Brilliant Bank
4.50% $1,000 9 months Learn More
Pentagon
Restrictions
4.46% $1,000 12 months Learn More
Pentagon
Restrictions
4.45% $1,000 18 months Learn More

Early withdrawal penalty is 180 days' interest.

Hingham Institution for Savings
4.25% $1,000 5 months Learn More
Hingham Institution for Savings
4.15% $1,000 9 months Learn More

11-Month No Penalty CD. Account cannot be closed online. Requires reaching phone representative to close.

Blue Foundry Bank
4.00% $1,000 9 months Learn More
Goldman Sachs Bank
3.80% $500 9 months Learn More

Early withdrawal penalty is 180 days interest.

Early withdrawal penalty is 180 days interest.

7-Month No Penalty CD

Dollar Savings Direct, a division of Emigrant Bank
3.50% $1,000 16 months Learn More

11-Month No Penalty CD

Hingham Institution for Savings
1.65% $1,000 13 months Learn More
My Savings Direct, a division of Emigrant Bank
1.50% $1,000 30 months Learn More
Home Loan Investment Bank, F.S.B.
0.60% $1,000 30 months Learn More
Norwood Bank
0.50% $2,500 7 months Learn More
Keystone Bank, National Association
0.50% $10,000 13 months Learn More
EBSB Direct
0.15% $1,000 15 months Learn More

11m Liquid CD

PRODUCT INFORMATION

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; 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.