CD Accounts
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Last Updated: 04/18/2025
SuperMoney User Recommendation Score +50
Strongly recommended8 total votes
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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
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
| Pros | Cons |
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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 #6548). 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:| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Certificate Term |
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11-Month APY | Up to 4.90% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| APY (Annual Percentage Yield) | 4.55% - 4.95% (see terms and conditions) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 15-month APY | Up to 4.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 7-Month APY | Up to 4.80% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 19-Month APY | Up to 4.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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.
Message from U.S. Bank CD Special
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
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Other CD Accounts from U.S. Bank
Rating not yet determined
APY (Annual Percentage Yield)
0.05% - 0.25%
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Minimum Opening Deposit
Starting at $500
Certificate Term
- 3 months
- 6 months
- 9 months
- 12 months
- 18 months
- 2 years
- 3 years
- 4 years
- 5 years
Rating not yet determined
APY (Annual Percentage Yield)
0.05% - 0.25%
Disclaimer popup with additional information
Minimum Opening Deposit
Starting at $500
Certificate Term
- 1 month
- 3 months
- 6 months
- 9 months
- 12 months
- 18 months
- 2 years
- 3 years
- 4 years
- 5 years
Rating not yet determined
APY (Annual Percentage Yield)
0.05% - 0.65%
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Minimum Opening Deposit
Starting at $1K
Certificate Term
28 months
Rating not yet determined
APY (Annual Percentage Yield)
0.10% - 0.40%
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Minimum Opening Deposit
Starting at $1K
Certificate Term
- 30 months
- 5 years
SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +50, or 4 on a 5-point rating scale.
+50
-1000+100
No one recommends
Everyone recommends
U.S. Bank CD Special Community Reviews
Would you recommend U.S. Bank CD Special to your friends?
JG
Josephine G.
Mar 11, 2023
May or may not recommend
The Special CD Accounts may require a higher minimum deposit than other CD accounts offered by US Bank, but they also offer higher interest rates. Some of the features of US Bank's Special CD Accounts may include:
Automatic renewal at maturity
The ability to choose the term length that best fits your savings goals
Competitive interest rates
FDIC insurance up to the maximum allowed by law
It's important to note that early withdrawal of funds ...Show More
BK
Ben K.
Jan 28, 2023
May or may not recommend
The U.S. Bank Standard CDs is above-average on many fronts, including rates offered. These CDs are a good for for customers looking for a no-frills, but useful CD, to expand their banking relationship with U.S. Bank.
Natalie
Jan 24, 2023
May or may not recommend
I'm incredibly pleased with the U.S. Bank CD Special offered by U.S. Bank. As a bank founded in 1863 and available in all 50 states plus Washington, D.C., they know what they're doing when it comes to managing finances. The CD account has an extremely high annual percentage yield (APY) of up to 4.30% which is much higher than the national average for CDs, making it an attractive investment opportunity ...Show More
D M.
Jan 20, 2023
May or may not recommend
I love discover accounts, they are chasing, easy to open and an all around good experience. I highly recommend getting an account with this company
CS
Colin S.
Jan 19, 2023
May or may not recommend
Overall, a CD can be a good option for those who are looking for a safe, low-risk investment with a guaranteed return. U.S Bank personally was a great CD option for me because it offered flexibility and I was able to acquire a great deal in savings through this account.
Abduvali T.
Dec 15, 2022
May or may not recommend
I have use before this bank services but I don't like because its very slowly and no good
KC
Keana C.
Nov 30, 2022
May or may not recommend
The CD Specials from U.S. Bank come in terms of 11 months so just be aware, other than that I feel like there would be no issue.
MS
Marion S.
Nov 30, 2022
May or may not recommend
The opening deposit is a little high but can be typical for some, and the APY is much higher for being an online account. I would recommend investing in other options before investing in this one.
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