Opening a brokered CD typically requires a $1,000 minimum deposit, which is more than many banks require. Fidelity Certificates of Deposit Highlights:įidelity’s brokered four-year CD earns a spot near the top thanks to its high-yield interest rate and the ample protection the Fidelity provides for your deposits. During the grace period, account holders can add or withdraw funds, change CD terms or close the account. CDs automatically renew upon maturity following a 14-day grace period. 24-month CDs are subject to an early-withdrawal penalty of up to 90 days of simple interest at the current rate if you withdraw CD funds before the maturity date. Interest compounds daily and is credited monthly.

Early withdrawal penalty is equal to 90 days of interest.

All of Barclays’ CD terms earn high rates, making them an excellent choice for individuals building a CD ladder. You can leave earned interest in your account to compound, or you can transfer it each month to a Barclays savings account or other linked account. You can open a Barclays CD account with any deposit amount since there are no minimum requirements. Why We Picked It:īarclays Online four-year CD made our list because its APY is competitive with the top online banks. Barclays Certificates of Deposit Highlights: CDs automatically renew upon maturity following a 10-day grace period. Synchrony’s 24-month CDs are subject to an early-withdrawal penalty of up to 80 days of simple interest at the current rate if you withdraw your principal investment before the maturity date. Interest is compounded daily and credited to the CD monthly.

Early withdrawal penalty is equal to 80 days of interest.

Can withdraw interest at any time without penalty.

Account holders can withdraw earned interest at any time during the CD term or let it continue to accrue in the account. You’ll earn high-yield interest on all of Synchrony’s CDs regardless of how much money you’re able to set aside. We chose Synchrony’s four-year CD because it offers one of the best rates on the market, and there’s no minimum deposit requirement. Synchrony Bank Certificates of Deposit Highlights:

Synchrony bank cd interest rate