dcsimg
 
Advertiser Disclosure: Many of the savings offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all deposit accounts available.

How to Find the Best Jumbo CD Rates

by | Money Rates Columnist

So-called "jumbo" certificates of deposit are attractive to savers because in exchange for a $100,000 minimum deposit, you can often enjoy higher CD rates than with a regular CD account.

In some cases, the interest rate on a jumbo CD can beat a regular CD by as much as 1% and even beyond, depending on the length of the term.

Jumbo CD rates vs. non-jumbo rates

So what's the best way to research and compare bank rates?

For one, MoneyRates tracks the best CD rates for you, with some rates higher than the national average.

U.S. institutions had a national average of 0.23% for 1 year CD rates for jumbo accounts, according to the Federal Deposit Insurance Corporation update on August 15, 2016. In comparison, some institutions featured on MoneyRates.com have rates higher than a 2% annual percentage yield.

Investing in jumbo CD rates? Beware of early withdrawal penalities

However, be aware of charges if you withdraw from your jumbo savings account too early. Before investing in, say, a 5 year jumbo CD with 1.5% interest rate, smart savers need to consider that their money will be locked into that rate for the entire period, unless they want to pay an early-withdrawal penalty.

Another point to remember when investing in jumbo CD accounts: CDs have FDIC insurance coverage up to $250,000 per depositor, per institution. Keep an eye on the total in your account to be sure you don’t exceed this.

Compare jumbo accounts in the table below to find the highest jumbo CD rates and great perks. 

 Account Type
 Term
 Amount
Customize your search (Optional)
Purpose for account
Household Income
Credit Rating
Currently banking with:

5 years Term
$2000 Minimum to earn APY

1.85%APY

Rates as of 8/26/2016
FDIC Insured

Advertiser Comments

  • Member FDIC
  • Balances from $2,000-$24,999 earn 1.80% APY; $25,000+ earn 1.85% APY

See more rates

5 years Term
$25000 Minimum to earn APY

1.75%APY

Rates as of 8/26/2016
FDIC Insured

Advertiser Comments

  • Consistently Competitive Rates
  • 24/7 Customer Care
  • Member FDIC

See more rates

5 Yr. Term
$2500 Minimum to earn APY

1.75%APY

Rates as of 8/26/2016
FDIC Insured

Advertiser Comments

  • Member FDIC. Minimum balance to open is $2,500
  • No opening and maintenance fees
  • Interest accrued the day the account is funded

See more rates

5 Yr. Term
$1000 Minimum to earn APY

0.15%APY

Rates as of 8/26/2016
FDIC Insured

Advertiser Comments

  • View your accrued interest and balance in Bank of America's mobile app.

See more rates

Melrose Credit Union
5 year Term
Minimum to earn APY $5,000
2.32% APY
Rates as of 2016-08-24
Comment
Share Certificate - contact Melrose CU for opening paperwork - Must be a member

Type: CD

Learn More
F and A Federal Credit Union
5 year Term
Minimum to earn APY $1,000
2.28% APY
Rates as of 2016-08-24
Comment
Term Share Certificate - 60 Months (1825 days) - Must be a member - County See moreof Los Angeles, CA

Type: CD

Learn More
State Bank of India
5 year Term
Minimum to earn APY $5,000
2.14% APY
Rates as of 2016-08-24
Comment
Certificate of Deposit Accounts, New York Branch - for CD 5 years and above

Type: CD

Learn More
Warsaw Federal Savings and Loan
5 year Term
Minimum to earn APY $1,000
2.05% APY
Rates as of 2016-08-24

Type: CD

Learn More
TheBANK of Edwardsville
5 year Term
Minimum to earn APY $1,000
2.05% APY
Rates as of 2016-08-24
Comment
60 Month CD. IL market area only

Type: CD

Learn More
Peoples Bank (thefriendlybank.com)
5 year Term
Minimum to earn APY $1,000
2.03% APY
Rates as of 2016-08-24

Type: CD

Learn More
Cashmere Valley Bank
5 year Term
Minimum to earn APY $100
2.02% APY
Rates as of 2016-08-24
Comment
5-7 yr. CD Term-Account must be opened at a branch - rates are for existing See morecustomers - Limited to Washington market area

Type: CD

Learn More
Avon Co-Operative Bank
5 year Term
Minimum to earn APY $1,000
2.01% APY
Rates as of 2016-08-24
Comment
60 Month CD - Located in Avon, MA

Type: CD

Learn More
E-Loan
5 year Term
Minimum to earn APY $10,000
2.00% APY
Rates as of 2016-08-24

Type: CD

Learn More
Geddes Federal Savings and Loan Association
5 year Term
Minimum to earn APY $500
2.00% APY
Rates as of 2016-08-24
Comment
Central New York market area only

Type: CD

Learn More
Fort Knox Credit Union
5 year Term
Minimum to earn APY $500
2.00% APY
Rates as of 2016-08-24
Comment
59 month - Membership is available, but not limited to select employer groups or those See morewho live, work,or worship, attend school or regularly do business in Boyle, Breckenridge, Grayson, Hart, LaRue, Meade, Nelson or Taylor County. See website for additional eligiblity criteria.

Type: CD

Learn More
Connexus Credit Union
5 year Term
Minimum to earn APY $10,000
2.00% APY
Rates as of 2016-08-24
Comment
Rate available with active checking account - membership is available nationwide - may become a See moremember and open account online - contact credit union for details - credit union located in Wisconsin

Type: CD

Learn More
Wings Financial Credit Union
5 year Term
Minimum to earn APY $500
1.96% APY
Rates as of 2016-08-24
Comment
5 Year Special - Membership is limited to employees of the air transportation industry, as See morewell as those who live or work in select counties of the Minneapolis/St. Paul, MN, metro area

Type: CD

Learn More
First Internet Bank
5 year Term
Minimum to earn APY $1,000
1.92% APY
Rates as of 2016-08-24
Comment
60 month CD

Type: CD

Learn More
Transportation Alliance Bank
5 year Term
Minimum to earn APY $1,000
1.92% APY
Rates as of 2016-08-17
Comment
60 Month CD

Type: CD

Learn More
Community Bank of Trenton
5 year Term
Minimum to earn APY $1,000
1.87% APY
Rates as of 2016-08-24
Comment
60 Month CD

Type: CD

Learn More
Security Service Federal Credit Union
5 year Term
Minimum to earn APY $500
1.85% APY
Rates as of 2016-08-24
Comment
Tiered interest rate - between $500 and $25,000 - must be a member and reside See morein Texas, Colorado or Utah - apply online - Rate collected within: 78203 (TX)

Type: CD

Learn More
Wildfire Credit Union
5 year Term
Minimum to earn APY $2,000
1.85% APY
Rates as of 2016-08-24
Comment
60 month CD - For balances of $100,000 or more contact credit union for See morerates. Membership is open to those who live, work, worship or attend college in one of the following Michigan counties: Saginaw, Bay, Midland, Genesee, Gratiot, Shiawassee and Tuscola.

Type: CD

Learn More
GS Bank
5 year Term
Minimum to earn APY $500
1.85% APY
Rates as of 2016-08-24
Comment
10-day CD Rate Guarantee. Choose your monthly interest disbursement. FDIC insurance up to See morethe maximum allowed by law.

Type: CD

Learn More
Virtual Bank
5 year Term
Minimum to earn APY $10,000
1.81% APY
Rates as of 2016-08-24
Comment
eCD rates for online account only

Type: CD

Learn More
Black River Country Bank
5 year Term
Minimum to earn APY $1,000
1.81% APY
Rates as of 2016-08-24

Type: CD

Learn More
Sallie Mae Bank
5 year Term
Minimum to earn APY $2,500
1.80% APY
Rates as of 2016-08-24
Comment
60 Month -Nationwide - apply online

Type: CD

Learn More
Colorado Federal Savings Bank
5 year Term
Minimum to earn APY $5,000
1.80% APY
Rates as of 2016-08-24
Comment
Online CD

Type: CD

Learn More
CIT Bank
5 year Term
Minimum to earn APY $100,000
1.80% APY
Rates as of 2016-08-24
Comment
Jumbo CD - Apply online - Minimum deposit to open $100,000

Type: CD

Learn More
Washington Savings Bank
5 year Term
Minimum to earn APY $500
1.79% APY
Rates as of 2016-08-24
Comment
60 Month Certificate

Type: CD

Learn More
Kearny Bank
5 year Term
Minimum to earn APY $500
1.79% APY
Rates as of 2016-08-24

Type: CD

Learn More
Bellevue State Bank
5 year Term
Minimum to earn APY $5,000
1.76% APY
Rates as of 2016-08-24

Type: CD

Learn More
O Bee Credit Union
5 year Term
Minimum to earn APY $500
1.76% APY
Rates as of 2016-08-24
Comment
5 Year CD - Must be a member of O Bee Credit Union

Type: CD

Learn More
Neighbors Credit Union
5 year Term
Minimum to earn APY $1,000
1.75% APY
Rates as of 2016-08-24

Type: CD

Learn More
EverBank
5 year Term
Minimum to earn APY $1,500
1.75% APY
Rates as of 2016-08-24
Comment
Yield Pledge CD

Type: CD

Learn More
Webster Bank
5 year Term
Minimum to earn APY $1,000
1.75% APY
Rates as of 2016-08-24
Comment
5 Year CD Tier $1,000-$2,499

Type: CD

Learn More
Bank of the West
5 year Term
Minimum to earn APY $2,500
1.75% APY
Rates as of 2016-08-17
Comment
Premium Money Market CD - Rate collected within: CA

Type: CD

Learn More
Boiling Springs Savings Bank
5 year Term
Minimum to earn APY $1,000
1.75% APY
Rates as of 2016-08-24
Comment
Apply at a branch

Type: CD

Learn More
First Federal Savings and Loan Association of Lakewood
5 year Term
Minimum to earn APY $500
1.75% APY
Rates as of 2016-08-24
Comment
Long Term Accounts

Type: CD

Learn More
Barclays
5 year Term
Minimum to earn APY $0
1.75% APY
Rates as of 2016-08-24
Comment
60 Month Online CD

Type: CD

Learn More
CIT Bank
5 year Term
Minimum to earn APY $1,000
1.75% APY
Rates as of 2016-08-24
Comment
Term CD - Apply online

Type: CD

Learn More
Lake City Federal Bank
5 year Term
Minimum to earn APY $1,000
1.70% APY
Rates as of 2016-08-24
Comment
Lake City considers its trade area to be within a 30 mile radius of Lake See moreCity, MN and reserves the right to reject any deposit or application outside the trade area.

Type: CD

Learn More
American Express
5 year Term
Minimum to earn APY $0
1.70% APY
Rates as of 2016-08-24
Comment
60 month CD. Bank by phone or online only

Type: CD

Learn More
Popular Community Bank
5 year Term
Minimum to earn APY $1,000
1.70% APY
Rates as of 2016-08-24
Comment
60 Month CD - Rate offer not valid for accounts opened with funds coming from See morean existing Popular Account. - Rates collected within: New York

Type: CD

Learn More
Nationwide Bank
5 year Term
Minimum to earn APY $100,000
1.67% APY
Rates as of 2016-08-24
Comment
60 Month CD - for balances in Tier $100,000 or higher

Type: CD

Learn More
Nationwide Bank
5 year Term
Minimum to earn APY $500
1.62% APY
Rates as of 2016-08-24
Comment
60 Month CD - for balances in Tier $0-$9,999

Type: CD

Learn More
AloStar Bank of Commerce
5 year Term
Minimum to earn APY $1,000
1.61% APY
Rates as of 2016-08-24
Comment
APY for balances $1,000 - $49,999 - apply online

Type: CD

Learn More
The Dime Savings Bank
5 year Term
Minimum to earn APY $500
1.60% APY
Rates as of 2016-08-24
Comment
Apply online - located in New York

Type: CD

Learn More
American Bank (ambk.com)
5 year Term
Minimum to earn APY $500
1.60% APY
Rates as of 2016-08-24
Comment
60 Month CD

Type: CD

Learn More
State Farm Bank (Rate in NY)
5 year Term
Minimum to earn APY $500
1.60% APY
Rates as of 2016-08-24
Comment
60 Month CD - Less than $100,000 - Rate collected within: 10025 (NY)

Type: CD

Learn More
Ridgewood Bank
5 year Term
Minimum to earn APY $500
1.60% APY
Rates as of 2016-08-17
Comment
60 month CD

Type: CD

Learn More
Gulf Coast Bank and Trust Company
5 year Term
Minimum to earn APY $2,000
1.55% APY
Rates as of 2016-08-24
Comment
Direct Online Certificate of Deposit (CD) - 60 Months

Type: CD

Learn More
Columbia Bank (columbiabankonline.com)
5 year Term
Minimum to earn APY $500
1.55% APY
Rates as of 2016-08-24
Comment
60 Month CD - Apply online

Type: CD

Learn More
First National Bank Omaha
5 year Term
Minimum to earn APY $500
1.54% APY
Rates as of 2016-08-24
Comment
60 Month Base CD - Higher rates available for checking customers

Type: CD

Learn More

Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.

Showing 1 comment | Add your comment
me

17 February 2015 at 8:18 am

Why are rates now sorted by name and not highest rate. this makes this site basically useless as I now must waste an hour going through everything!

Add your comment
(required)
(will not be published, required)