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Last Updated: 04/18/2025

U.S. Bank CD Special

in CD Accounts from U.S. Bank

Last Updated: 04/18/2025

U.S. Bank logo
Strongly recommended8 total votes
5 users recommend
2 users are unsure
1 users don't recommend
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Highlights

Community Rating

Strongly recommended

APY (Annual Percentage Yield)

4.55% - 4.95%(Verified 06/21/2024)
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Minimum Opening Deposit

Starting at $1,000
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Certificate Term

  • 7 months
  • 11 months
  • 15 months
  • 19 months

Number of Reviews

8

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U.S. Bank CD Special Review

U.S. Bank CD Special are offered by U.S. Bank, a bank founded in 1863 and based in Minneapolis, MN. U.S. Bank CD Special are available in 26 states.

Key Takeaways

  • Only one CD type available. U.S. Bank CD Special only offers traditional CD accounts.
  • Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 4.95%, which is much higher than the national average for a CD account.
  • $1,000 minimum deposit. This is a typical minimum initial deposit for the CDs we track.
  • Wide selection of CD terms. U.S. Bank CD Special allows you to create a CD ladder by spreading your cash across certificates with different terms. This combines the benefits of frequent access to funds and higher rates of return on your savings.

Pros & Cons of U.S. Bank CD Special

U.S. Bank CD Special FAQ

Are CD from U.S. Bank federally insured?

Yes, your U.S. Bank CDs are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What types of CDs does U.S. Bank offer?

U.S. Bank CD Special provides the following types of CDs.
  • Traditional CDs. These CDs pay a fixed interest rate if you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or automatically renewing the CDs for another term.

What rates does U.S. Bank offer on its CDs?

U.S. Bank CD Special offers an APY starting at 4.55% and ranging up to 4.95%. APY stands for annual percentage yield and shows the interest rate paid by the CD after taking into account compounding. This is higher than the typical interest rate for online-only checking accounts, which is around 1% APY.

What terms does U.S. Bank CD Special offer?

U.S. Bank offers CD terms of the following lengths:

What is the minimum deposit to open a CD account with U.S. Bank?

U.S. Bank CD Special require a minimum deposit of $1,000 to open an account.

What is the grace period for U.S. Bank CD Special?

There is a 10-day grace period for U.S. Bank CD Special. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the 10-day grace period. Note that the new CD rates probably won’t be the same as the original.

What types of fees, such as early withdrawal penalties, does U.S. Bank charge?

Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the term ends.
U.S. Bank charges an early withdrawal fee.

U.S. Bank CD Special Disclosure: Offer good for the initial term only. CD is automatically renewed for the same term. The rate is determined based on the published rate for the CD, excluding CD Specials, that is closest to but not exceeding the term of the CD. Advertised rate and annual percentage yield are offered at the bank's discretion and may change daily. FDIC insured to the maximum allowed by law. $1,000 minimum opening deposit up to a maximum of $250,000. Online application is not valid for single maturity CDs, business or retirement CDs, brokerage deposits, institutional investors, public funds, or in conjunction with other promotional offers.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

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Message from U.S. Bank CD Special

Take advantage of a special CD rate. This CD offers our most competitive, promotional rates – and great returns. After you choose the term length and rate that works best for you, that guaranteed rate will last for the duration of your term. All U.S. Bank CDs are FDIC-insured.

Contact

Headquarters

800 Nicollet Mall
Minneapolis, MN 55402
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Hours of Operation

Sunday
Closed
Monday
8:30AM - 5:30PM
Tuesday
8:30AM - 5:30PM
Wednesday
8:30AM - 5:30PM
Thursday
8:30AM - 5:30PM
Friday
8:30AM - 5:30PM
Saturday
Closed

Other Services by U.S. Bank