Connecticut

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Connecticut CD Rates – 18-Month

You are viewing rates from banks across Connecticut





Below are eighteen-month Certificates of Deposit (CD) rates from banks in Connecticut . Eighteen Month CDs offer a bit more yield than 1-year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

CT - July 30, 2025

18 Month CD National Average : 0.58% ?

Banks APY MIN MILES ?

Rate History: 4.25% → 5.00% → 4.75%

| Mar 25, 2019

Lousy bank with badly trained customer service reps and below average rates. Can't wait until my CD matures to get the funds out of Bankwell Read More

Warning: Early Withdrawal Penalty is 2% of the account balance.
Rate History: 4.35% → 4.20% → 4.15% → 4.05% → 4.20%

| Jul 3, 2023

A 2% early withdrawal fee on a 1-year CD is almost equally insane as a 270 day one. Read More

Early Withdrawal Penalty is 90 days interest.
Rate History: 4.50% → 4.25% → 4.15% → 4.00% → 4.20%

| 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. Read More

Early Withdrawal Penalty is 8 months interest.
Rate History: 4.50% → 3.75% → 3.85% → 4.30% → 4.20%

| 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

Available in all states except MA/RI.

| 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

| Sep 18, 2023

I agree with another user, this bank is very poorly put together, and may very well be an operation in large part used to extract and sell people's personal information. I called customer service and had ... Read More

Early Withdrawal Penalty is 270 days interest.
Rate History: 4.10% → 4.15% → 4.10% → 4.00% → 4.10%

| 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

Rate History: 4.25% → 4.30% → 4.35% → 4.25% → 4.10%

| Feb 12, 2020

WILL YOU CASH MY EE SAVINGS BONDS? PLEASE ADVSE. Read More

Early Withdrawal Penalty is 90 days interest.
Rate History: 5.20% → 3.00% → 4.85%

| Jul 1, 2022

Very easy opening process and wonderful staff. Read More

Early Withdrawal Penalty is 180 days interest.
Rate History: 4.85% → 4.40% → 3.95% → 4.16% → 4.05%

| 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 Read More

Early Withdrawal Penalty is 6 months Interest.
Rate History: 4.75% → 4.45% → 4.05% → 3.95% → 4.05%

| 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

One-time bump CD. Early Withdrawal Penalty is 180 days interest.
Rate History: 3.90% → 4.15% → 3.95% → 4.20% → 4.05%

| Aug 26, 2022

Too slow to raise rates. Read More

Rate History: 4.10% → 4.00% → 3.90% → 4.10% → 4.00%

| Feb 15, 2024

best bank on the list but no longer the most competitive Read More

Early Withdrawal Penalty is 90 days interest.
Rate History: 4.50% → 4.25% → 4.15% → 4.05% → 4.00%

| Jun 26, 2020

Rate not current Read More

Early Withdrawal penalty is 180 days interest.
Rate History: 3.85% → 4.10% → 4.00% → 3.75% → 4.00%

| Sep 30, 2023

CFG overs very competitive Interest rates on their High Yield Savings account. I did everything ONLINE and have not had any issues with their service. Read More

Early Withdrawal Penalty is 180 days interest.
Rate History: 4.75% → 4.20% → 4.00% → 3.90% → 4.00%

| Apr 20, 2024

Save your tears for another day. Very frustrating. 1-star. Read More

Early Withdrawal Penalty is 180 days.
Rate History: 4.72% → 4.57% → 4.15% → 4.00% → 3.90%

| Jan 30, 2024

Have an IRA rollover, they don't take IRAs any longer. Read More

Warning: Early withdrawal penalty is 2% of principal

| Dec 22, 2018

I know VirtualBank has monitored these comments in the past and answered here. This is important because they do not respond to questions submitted through the website. I am trying to find out the pena... Read More

Rate History: 3.25% → 3.35% → 3.85%

| 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

Rate History: 4.50% → 4.40% → 3.80% → 4.00% → 3.80%

| 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

Earty Withdrawal Penalty is 180 days interest.
Rate History: 4.75% → 4.50% → 4.35% → 3.85% → 3.80%

| 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. Read More

Rate History: 5.25% → 4.50% → 4.25% → 4.10% → 3.80%

| 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

Rate History: 4.00% → 3.95% → 4.00% → 3.95% → 3.80%

| Dec 21, 2023

Very easy to setup 6 month 5.35% CD from cornerstone account Read More

| Jul 4, 2025

Bread's current 6-month CD is 4.45%, not 4.35%. Read More

Early Withdrawal Penalty is 180 days interest.
Rate History: 4.30% → 4.20% → 3.90% → 4.25% → 3.80%

| Dec 27, 2022

They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More

Rate History: 5.17% → 5.26% → 4.90% → 4.47% → 3.76%

| 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

Rate History: 3.75% → 2.45% → 3.85% → 4.00% → 3.75%

| Feb 25, 2022

I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More

Rate History: 4.25% → 4.10% → 3.90% → 3.80% → 3.70%

| 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

Early Withdrawal Penalty is 6 months interest.
Rate History: 4.45% → 4.25% → 3.90% → 3.80% → 3.70%

| Mar 15, 2023

Thank you for the reviews above. I was wondering why I was only getting 0.3% when interest rates have gone up. Why CapitalOne360 is putting loyal and long time customers at a disadvantage is beyond me. ... Read More

| Oct 11, 2020

You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More

Rate History: 4.45% → 4.25% → 3.90% → 3.80% → 3.70%

| 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

Rate History: 4.30% → 4.00% → 3.75% → 3.70% → 3.60%

| 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

Warning: Early withdrawal penalty is 4% of principal withdrawn.
Rate History: 5.00% → 4.50% → 4.25% → 4.00% → 3.50%

| 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

Warning: Early Withdrawal Penalty is 12 months of interest
Rate History: 0.55% → 4.50% → 4.75% → 3.75% → 3.50%

| 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

Early Withdrawal Penalty is 180 days interest.
Rate History: 4.90% → 4.75% → 4.40% → 3.75% → 3.50%

| 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... Read More

| Feb 6, 2023

after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More

Early Withdrawal Penalty is 9 months interest.
Rate History: 3.25% → 3.00% → 3.25%

• $1,000 minimum deposit to open an account. • A penalty may be imposed for early withdrawal. • Account fees may reduce your earnings.
Rate History: 0.25% → 0.15% → 3.82% → 3.03%

| May 21, 2021

avoid this Read More

Early Withdrawal Penalty is 90 days interest.
Rate History: 5.00% → 4.50% → 4.25% → 3.25% → 3.00%

| 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... Read More

| Jun 2, 2022

I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More

Early Withdrawal Penalty is all interest earned.
Rate History: 4.25% → 4.00% → 3.50% → 3.00%

| Mar 30, 2021

These guys are the best local bank. Very responsive. Read More

Rate History: 3.50% → 3.00% → 2.75%

| 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

Rate History: 0.85% → 1.25% → 2.60% → 2.36%

| May 26, 2017

Before009 Read More

Rate History: 3.00% → 2.50% → 2.00%

| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

Rate History: 4.65% → 4.20% → 4.05% → 2.80% → 1.80%

| 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

Rate History: 4.45% → 2.80% → 1.65%

| 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

| Aug 15, 2021

20 Read More

1.00%

$10,000

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Rate History: 4.50% → 1.00% → 4.00% → 1.00%

| May 19, 2018

Experience Read More

0.80%

$100,000

-

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0.75%

$10,000

-

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0.60%

$10,000

-

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0.55%

$10,000

-

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0.50%

$10,000

-

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0.50%

$10,000

-

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| Jan 12, 2021

They put paychecks on hold for a day so don’t expect your paycheck right away and they don’t answer their phones Read More

0.50%

$10,000

-

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0.50%

$10,000

-

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0.45%

$10,000

-

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0.40%

$100,000

-

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| Feb 8, 2020

Cds Read More

0.40%

$10,000

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0.35%

$10,000

-

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Rate History: 0.40% → 0.35%

0.30%

$10,000

-

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0.30%

$10,000

-

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Rate History: 0.30% → 1.26% → 0.30%

0.25%

$10,000

-

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| Sep 1, 2015

Do you still have an IRA CD rate of 2%? Read More

0.25%

$10,000

-

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| 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

0.25%

$10,000

-

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0.25%

$10,000

-

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0.20%

$10,000

-

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0.20%

$10,000

-

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| May 21, 2018

I wish I had never heard of or seen BBVA. It has been a disaster. Came to this site to find something else. Read More

0.15%

$10,000

-

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0.05%

$10,000

-

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Rate History: 4.75% → 0.01% → 0.05%

| Mar 28, 2023

On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More

| Jun 12, 2023

US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More

| May 18, 2019

Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More

| Jul 24, 2023

BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around zip 10116


Branch Street City State
Bankwell Bank
Black Rock Turnpike Branch
2220 Black Rock Turnpike Fairfield CT
Citibank, National Association
Stamford Branch
999 High Ridge Road Stamford CT
Capital One, National Association
Branford Main Branch
45 South Main Street Branford CT
Wells Fargo Bank, National Association
Woodbury Branch
One Sherman Hill Road Woodbury CT
JPMorgan Chase Bank, National Association
Jpmorgan Chase Bank, National Association Branch
958 White Plains Road Trumbull CT
Ives Bank
Bethel Branch
Grassy Plain Street Bethel CT
First County Bank
New Canaan Branch
95 Park Street New Canaan CT
TD Bank, National Association
Waterbury-Downtown Branch
2 W Main Street Waterbury CT
Thomaston Savings Bank
Waterbury Branch
985 Watertown Avenue Waterbury CT
Thomaston Savings Bank
Waterbury Branch
985 Watertown Avenue Waterbury CT
The First Bank of Greenwich
The First Bank Of Greenwich Branch
444 East Putnam Avenue Cos Cob CT
Newtown Savings Bank
Bethel Branch
211 Greenwood Avenue Bethel CT
Stafford Savings Bank
Plaza Branch
85 West Stafford Road Stafford Springs CT
Berkshire Bank
West Hartford Branch
927 Farmington Avenue West Hartford CT
The Torrington Savings Bank
North End Branch
635 Main Street Torrington CT
New Haven Bank
Start Community Bank Branch
299 Whalley Avenue New Haven CT
Eastern Connecticut Savings Bank
West Side Office Branch
666 West Main Street Norwich CT
Fairfield County Bank
Rowayton Branch
Rowayton Avenue And Mckinley Street Norwalk CT
Jewett City Savings Bank
Brooklyn Branch
488 Providence Road Brooklyn CT
Ion Bank
Plaza Branch
Rubber Avenue Naugatuck CT
Union Savings Bank
Roxbury Branch
26 North Street Roxbury CT
Bankhometown
Thompson Branch
865 Riverside Drive Grosvenordale CT
Fairfield County Bank
Rowayton Branch
Rowayton Avenue And Mckinley Street Norwalk CT
Windsor Federal Bank
North Central Square Branch
695 Poquonock Ave Windsor CT
Connecticut Community Bank, National Association
Darien Bank & Trust Division Branch
777 Post Road Darien CT
Northwest Community Bank
Northwest Community Bank Branch
86 Main Street Winsted CT
The Washington Trust Company, of Westerly
Mcquade's Mystic Branch
14 Clara Drive Mystic CT
Dime Bank
New London Branch
668 Bank Street New London CT
Essex Savings Bank
Madison Branch
99 Durham Road Madison CT
Chelsea Groton Bank
Center Groton Branch
904 Poquonnock Road Groton CT
Webster Bank, National Association
Webster Bank, National Association Branch
Webster Plaza Waterbury CT
The Milford Bank
Depot Street Branch
9 Depot Street Milford CT
The National Iron Bank
Norfolk Branch
2 John J Curtiss Road Norfolk CT
The Guilford Savings Bank
The Guilford Savings Bank Branch
One Park Street Guilford CT
KeyBank National Association
Keybank National Association Branch
955 Sullivan Ave South Windsor CT
Bank of America, National Association
New Fairfield Branch
1 Brush Hill Road New Fairfield CT


BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

18 Month CDs - Branch Banks 2025

Banks offer a range of Certificates of Deposit (CD) with 18 month CDs being a popular term. An eighteen month CD obligates the holder to keep their money in the bank for eighteen months in return for a fixed rate of interest during that time period. All eighteen month bank CDs shown on BestCashCow are FDIC insured.

Eighteen month CDs can be opened in almost any bank branch as the are a mainstay of bank deposit products.

The advantages of an eighteen month CD are:

  • A slightly higher rate than 12 month CDs in return for leaving the money in the bank longer.
  • A fixed rate during the 18 month period.
  • FDIC insurance.
  • Convenience of opening and managing the CD at a local branch.

The disadvantages of an eighteen month branch CDs are:

  • Rates are generally lower than on the top online savings and CD accounts.
  • Money is tied up for 18 months. Removing it early results in significant penalties.
  • Opening in a branch requires a personal visit.

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.

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