Texas

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Texas CD Rates 2020

Below are the best one-year CD Rates from banks in Texas. One-year CDs are usually the most popular term and offer a decent yield without having to lock-up money for an extended period of time. One year CD Rates are generally comparable to or a little higher than their savings and money market counterparts.

TX - October 27, 2020

1 Year CD National Average : 0.43% ?

Advertiser Disclosure
Banks APY MIN MILES ?
1.20% $95,000 - Learn More
1.20% $10,000 - Learn More
1.15% $100,000 - Learn More
1.15% $1,500 - Learn More
1.11% $100,000 - Learn More
1.10% $1,000 - Learn More
1.10% $10,000 - Learn More
1.10% $10,000 - Learn More
1.10% $100,000 - Learn More
1.10% $10,000 - Learn More
1.06% $100,000 - Learn More
1.06% $100,000 - Learn More
1.06% $100,000 - Learn More
1.06% $100,000 - Learn More
1.06% $100,000 - Learn More
1.06% $100,000 - Learn More
1.05% $10,000 - Learn More
1.05% $10,000 - Learn More
1.05% $10,000 - Learn More
1.05% $10,000 - Learn More
1.01% $10,000 - Learn More
1.01% $100,000 - Learn More
1.00% $100,000 - Learn More
1.00% $90,000 - Learn More
1.00% $100,000 - Learn More
1.00% $100,000 - Learn More
1.00% $10,000 - Learn More
1.00% $100,000 - Learn More
1.00% $10,000 - Learn More
1.00% $100,000 - Learn More
1.00% $100,000 - Learn More
1.00% $100,000 - Learn More
1.00% $10,000 - Learn More
1.00% $10,000 - Learn More
0.95% $10,000 - Learn More
0.95% $10,000 - Learn More
0.95% $10,000 - Learn More
0.95% $10,000 - Learn More
0.95% $10,000 - Learn More
0.95% $100,000 - Learn More
0.95% $10,000 - Learn More
0.95% $1,000 - Learn More
0.90% $10,000 - Learn More
0.90% $10,000 - Learn More
0.90% $10,000 - Learn More
0.90% $1,000 - Learn More
0.90% $10,000 - Learn More
0.90% $100,000 - Learn More
0.90% $10,000 - Learn More
0.90% $100,000 - Learn More
0.90% $100,000 - Learn More
0.90% $10,000 - Learn More
0.90% $100,000 - Learn More
0.90% $10,000 - Learn More
0.90% $100,000 - Learn More
0.90% $10,000 - Learn More
0.90% $10,000 - Learn More
0.90% $10,000 - Learn More
0.90% $100,000 - Learn More
0.90% $10,000 - Learn More
0.88% $100,000 - Learn More
0.85% $100,000 - Learn More
0.85% $1,000 - Learn More
0.85% $100,000 - Learn More
0.85% $10,000 - Learn More
0.85% $10,000 - Learn More
0.85% $10,000 - Learn More
0.85% $10,000 - Learn More
0.85% $100,000 - Learn More
0.85% $100,000 - Learn More
0.85% $100,000 - Learn More
0.80% $10,000 - Learn More
0.80% $10,000 - Learn More
0.80% $10,000 - Learn More
0.80% $1,000 - Learn More
0.80% $10,000 - Learn More
0.80% $10,000 - Learn More
0.80% $10,000 - Learn More
0.80% $10,000 - Learn More
0.80% $10,000 - Learn More
0.78% $100,000 - Learn More
0.76% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $500 - Learn More
0.75% $1,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $25,000 - Learn More
0.75% $100,000 - Learn More
0.75% $100,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $10,000 - Learn More
0.75% $100,000 - Learn More
0.75% $100,000 - Learn More
0.71% $10,000 - Learn More
0.70% $10,000 - Learn More
0.70% $100,000 - Learn More
0.70% $100,000 - Learn More
0.70% $10,000 - Learn More
0.70% $10,000 - Learn More
0.70% $1,000 - Learn More
0.70% $10,000 - Learn More
0.70% $100,000 - Learn More
0.70% $100,000 - Learn More
0.70% $10,000 - Learn More
0.70% $10,000 - Learn More
0.70% $10,000 - Learn More
0.70% $100,000 - Learn More
0.70% $100,000 - Learn More
0.70% $10,000 - Learn More
0.70% $100,000 - Learn More
0.70% $1,000 - Learn More
0.68% $10,000 - Learn More
0.65% $10,000 - Learn More
0.65% $10,000 - Learn More
0.65% $10,000 - Learn More
0.65% $500 - Learn More
0.65% $100,000 - Learn More
0.65% $10,000 - Learn More
0.65% $10,000 - Learn More
0.65% $1,000 - Learn More
0.65% $100,000 - Learn More
0.65% $100,000 - Learn More
0.65% $10,000 - Learn More
0.65% $1,000 - Learn More
0.65% $10,000 - Learn More
0.65% $100,000 - Learn More
0.65% $10,000 - Learn More
0.65% $10,000 - Learn More
0.63% $2,500 - Learn More
0.63% $100,000 - Learn More
0.61% $100,000 - Learn More
0.60% $100,000 - Learn More
0.60% $10,000 - Learn More
0.60% $100,000 - Learn More
0.60% $500 - Learn More
0.60% $10,000 - Learn More
0.60% $100,000 - Learn More
0.60% $100,000 - Learn More
0.60% $10,000 - Learn More
0.60% $100,000 - Learn More
0.60% $10,000 - Learn More
0.60% $100,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.60% $1,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.60% $100,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.60% $100,000 - Learn More
0.60% $10,000 - Learn More
0.60% $100,000 - Learn More
0.60% $10,000 - Learn More
0.60% $100,000 - Learn More
0.60% $100,000 - Learn More
0.60% $10,000 - Learn More
0.60% $10,000 - Learn More
0.58% $10,000 - Learn More
0.55% $10,000 - Learn More
0.55% $500 - Learn More
0.55% $10,000 - Learn More
0.55% $100,000 - Learn More
0.55% $10,000 - Learn More
0.55% $10,000 - Learn More
0.55% $10,000 - Learn More
0.55% $10,000 - Learn More
0.55% $100,000 - Learn More
0.55% $10,000 - Learn More
0.55% $10,000 - Learn More
0.55% $10,000 - Learn More
0.55% $10,000 - Learn More
0.55% $10,000 - Learn More
0.55% $100,000 - Learn More
0.55% $100,000 - Learn More
0.55% $10,000 - Learn More
0.55% $100,000 - Learn More
0.55% $10,000 - Learn More
0.51% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $1,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $5,000 - Learn More
0.50% $10,000 - Learn More
0.50% $5,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $50,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $1,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $100,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $100,000 - Learn More
0.50% $1,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $100,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.50% $100,000 - Learn More
0.50% $10,000 - Learn More
0.45% $100,000 - Learn More
0.45% $10,000 - Learn More
0.45% $100,000 - Learn More
0.45% $1,000 - Learn More
0.45% $10,000 - Learn More
0.45% $100,000 - Learn More
0.45% $10,000 - Learn More
0.45% $10,000 - Learn More
0.45% $10,000 - Learn More
0.45% $10,000 - Learn More
0.45% $100,000 - Learn More
0.45% $100,000 - Learn More
0.45% $10,000 - Learn More
0.45% $100,000 - Learn More
0.45% $100,000 - Learn More
0.45% $1,000 - Learn More
0.45% $10,000 - Learn More
0.45% $100,000 - Learn More
0.45% $10,000 - Learn More
0.45% $100,000 - Learn More
0.45% $100,000 - Learn More
0.40% $100,000 - Learn More
0.40% $1,000 - Learn More
0.40% $1,000 - Learn More
0.40% $1,000 - Learn More
0.40% $10,000 - Learn More
0.40% $100,000 - Learn More
0.40% $1,000 - Learn More
0.40% $100,000 - Learn More
0.40% $500 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $500 - Learn More
0.40% $500 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $1,000 - Learn More
0.40% $100,000 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $1,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $100,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.40% $10,000 - Learn More
0.38% $10,000 - Learn More
0.38% $10,000 - Learn More
0.36% $100,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $2,500 - Learn More
0.35% $10,000 - Learn More
0.35% $1,000 - Learn More
0.35% $100,000 - Learn More
0.35% $100,000 - Learn More
0.35% $100,000 - Learn More
0.35% $100,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $100,000 - Learn More
0.35% $100,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $100,000 - Learn More
0.35% $10,000 - Learn More
0.35% $100,000 - Learn More
0.35% $100,000 - Learn More
0.35% $100,000 - Learn More
0.35% $10,000 - Learn More
0.35% $10,000 - Learn More
0.35% $1,000 - Learn More
0.35% $100,000 - Learn More
0.33% $10,000 - Learn More
0.31% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $1,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $100,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $1,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $1,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $250 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $2,500 - Learn More
0.30% $10,000 - Learn More
0.30% $10,000 - Learn More
0.30% $1,000 - Learn More
0.30% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $100,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $1,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $95,000 - Learn More
0.25% $100,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $100,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $100,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.25% $100,000 - Learn More
0.25% $10,000 - Learn More
0.25% $10,000 - Learn More
0.21% $10,000 - Learn More
0.21% $100,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $1,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.20% $100,000 - Learn More
0.20% $10,000 - Learn More
0.20% $10,000 - Learn More
0.18% $10,000 - Learn More
0.18% $10,000 - Learn More
0.16% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $1,000 - Learn More
0.15% $10,000 - Learn More
0.15% $1,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $100,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.15% $10,000 - Learn More
0.10% $10,000 - Learn More
0.10% $10,000 - Learn More
0.10% $1,000 - Learn More
0.10% $10,000 - Learn More
0.10% $100,000 - Learn More
0.10% $10,000 - Learn More
0.10% $10,000 - Learn More
0.10% $10,000 - Learn More
0.10% $10,000 - Learn More
0.10% $10,000 - Learn More
0.10% $10,000 - Learn More
0.10% $10,000 - Learn More
0.10% $10,000 - Learn More
0.06% $10,000 - Learn More
0.05% $10,000 - Learn More
0.05% $10,000 - Learn More
0.05% $10,000 - Learn More
0.05% $10,000 - Learn More
0.04% $100,000 - Learn More
0.03% $10,000 - Learn More
0.01% $10,000 - Learn More
0.01% $10,000 - Learn More
0.00% $10,000 - Learn More
All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Online Banks →

See rates for Credit Unions →

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PRODUCT INFORMATION

Certificates of Deposit - Branch Banks 2020

A certificate of deposit (CD) is a savings product offered by a bank in which a depositor (someone who has money to put into the bank) agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

CD Terms

The time period in which money is held in a certificate of deposit is called the term. Terms can run for any period of time but in general, banks use the following terms: 3 months, 6 months, 12 months, 18 months, 24 months, 36 months, 48 months, and 60 months. Terms can either be described in months or years. The term that is right for each individual depends on their goals, the rate they which to earn, and their future plans for the money. In general, if rates are going up, savers should avoid putting the money into a long-term CD. If rates are going down, then the opposite is true, and savers should try and lock into a good rate for an extended period of time. In stable rate environments, CDs that are over 12 months in length can enable depositors to pick up a slight premium over savings accounts.

CD Risk

Almost all banks provide CDs to their consumers and they have been a mainstay of savers and retirement accounts for years. If FDIC insured, the CD represents a safe place to put money that will generate a predictable return.

Inflation is the main risk of a CD. Inflation can often run higher than the inflation adjusted return on a CD, thus eroding the value of the money stored in the CD over time. This is especially true for longer-term CDs opened in low interest rate environments.

How Interest is Paid

The method of distributing the interest earned on a CD varies by bank. Some banks pay interest monthly, other semi-annually, and others at the maturity of the CD. One advantage of a branch-based bank is that a depositor can walk into the bank and receive their interest that day in the form of a check. Online banks tend to use electronic funds transfer or check via mail.

Interest Rate

Since the financial crisis in 2008, CDs have become less popular because the yields they offer have dropped precipitously, making it difficult for retirees and savers to generate sufficient income. But investors looking for a place to stash some cash might still find CDs an attractive place for some of their savings. Online banks generally offer better rates on six month CDs but the accounts must be opened online.