Compare 5-year CD rates: We track the highest paying, nationally available 5-year CDs from federally insured banks and credit unions. Below we list the 60-month CDs in our database, ordered from highest APY to lowest.

Note that you may be able to find better rates with alternative account types. For example, online savings accounts or no-penalty CDs may offer higher yields.

Featured CDs

Bank/Credit Union

Min. Deposit

APY

Learn More


$1

3-month APY 5.21%
6-month APY 5.41%
12-month APY 5.51%


$2500

12-month APY 5.00%
18-month APY 5.00%
24-month APY 4.30%


$1

3-month APY 5.40%
6-month APY 4.00%
9-month APY 5.50%


$1000

13-month APY 4.65%
18-month APY 4.60%
24-month APY 0.40%


$500

6-month APY 5.05%
12-month APY 5.30%
24-month APY 4.50%


$1

5-month APY 5.40%
12-month APY 4.20%
15-month APY 4.50%


$1

14-month APY 5.40%
10-month APY 5.30%


No-penalty | 3-Month | 6-Month | 1-Year | 2-year | 3-year | 4-year | 5-year

5-Year Certificate of Deposit Rates

103 Results

United States Senate Federal Credit Union 60-months Plus Jumbo Business CD
United States Senate Federal Credit Union
60-months Plus Jumbo Business CD
APY
4.97%
Min
$200,000
Max
-

United States Senate Federal Credit Union 60-months Plus Jumbo CD
APY
4.97%
Min
$200,000
Max
-

United States Senate Federal Credit Union 60-months Jumbo Business CD
APY
4.92%
Min
$100,000
Max
$200k

United States Senate Federal Credit Union 60-months Jumbo CD
APY
4.92%
Min
$100,000
Max
-

United States Senate Federal Credit Union 60-months Business CD
APY
4.86%
Min
$1,000
Max
$100k

United States Senate Federal Credit Union 60-months Plus Jumbo Bump Rate CD
United States Senate Federal Credit Union
60-months Plus Jumbo Bump Rate CD
APY
4.86%
Min
$200,000
Max
-

United States Senate Federal Credit Union 60-months CD
APY
4.86%
Min
$1,000
Max
$100k

United States Senate Federal Credit Union 60-months Jumbo Bump Rate CD
United States Senate Federal Credit Union
60-months Jumbo Bump Rate CD
APY
4.81%
Min
$100,000
Max
$200k

United States Senate Federal Credit Union 60-months Bump Rate CD
APY
4.76%
Min
$1,000
Max
$100k

Popular Direct 60-month CD
Popular Direct
60-month CD
APY
4.65%
Min
$10,000
Max
-

First Internet Bank 60-months High Yield CD
First Internet Bank
60-months High Yield CD
APY
4.59%
Min
$1,000
Max
-

Barclays Bank 60-month CD
Barclays Bank
60-month CD
APY
4.50%
Min
-
Max
-

Bread Bank 5-Year CD
Bread Bank
5-Year CD
APY
4.50%
Min
$1,500
Max
$1,000k

Seattle Bank 60-month CD
Seattle Bank
60-month CD
APY
4.50%
Min
$1,000
Max
$220k

Colorado Federal Savings Bank 60-month CD
APY
4.45%
Min
$5,000
Max
-

Crescent Bank 60-month CD
Crescent Bank
60-month CD
APY
4.40%
Min
$1,000
Max
-

Luana Savings Bank 5-Year Jumbo CD
Luana Savings Bank
5-Year Jumbo CD
APY
4.40%
Min
$100,000
Max
-

Alliant Credit Union 60-Month Jumbo CD
Alliant Credit Union
60-Month Jumbo CD
APY
4.40%
Min
$75,000
Max
-

CFG Bank 60 Month CD
CFG Bank
60 Month CD
APY
4.40%
Min
$500
Max
$250k

Alliant Credit Union 60-month CD
APY
4.35%
Min
$1,000
Max
-

Quontic Bank 5-Year CD
Quontic Bank
5-Year CD
APY
4.30%
Min
$500
Max
-

La Capitol Federal Credit Union 5-Year Super Saver Share Certificate
La Capitol Federal Credit Union
5-Year Super Saver Share Certificate
APY
4.30%
Min
$100,000
Max
-

NexBank 60-month Standard CD
NexBank
60-month Standard CD
APY
4.25%
Min
$10,000
Max
$25k

Langley Federal Credit Union 60-month CD
APY
4.25%
Min
$500
Max
-

Luana Savings Bank 5-Year CD
APY
4.24%
Min
$2,000
Max
$100k

La Capitol Federal Credit Union 5-Year Mega Saver Share Certificate with One-time Bump
La Capitol Federal Credit Union
5-Year Mega Saver Share Certificate with One-time Bump
APY
4.20%
Min
$100,000
Max
-

Signature Federal Credit Union 60-month CD
APY
4.15%
Min
$500
Max
-

Capital One Bank 360 60-months CD
Capital One Bank
360 60-months CD
APY
4.10%
Min
$1
Max
-

Ally Bank 5-Year High Yield CD
Ally Bank
5-Year High Yield CD
APY
4.10%
Min
$1
Max
-

La Capitol Federal Credit Union 5-Year Thrifty Saver Share Certificate
La Capitol Federal Credit Union
5-Year Thrifty Saver Share Certificate
APY
4.10%
Min
$500
Max
-

NASA Federal Credit Union 60-month CD
APY
4.05%
Min
$1,000
Max
-

Synchrony Bank 60-month CD
Synchrony Bank
60-month CD
APY
4.00%
Min
$1
Max
-

TAB Bank 60-month CD
TAB Bank
60-month CD
APY
4.00%
Min
$1,000
Max
-

TAB Bank 60-month Business CD
TAB Bank
60-month Business CD
APY
4.00%
Min
$1,000
Max
-

America First Credit Union 60-months CD
APY
4.00%
Min
$500
Max
-

Discover Bank 5-Year High Yield CD
Discover Bank
5-Year High Yield CD
APY
4.00%
Min
$2,500
Max
-

Discover Bank 5-year IRA CD
Discover Bank
5-year IRA CD
APY
4.00%
Min
$2,500
Max
-

Chevron Federal Credit Union 60-months Share Certificate
Chevron Federal Credit Union
60-months Share Certificate
APY
3.95%
Min
$250,000
Max
-

UmbrellaBank 60-month CD
UmbrellaBank
60-month CD
APY
3.95%
Min
$10,000
Max
-

Spectrum Credit Union 60-months Share Certificate
Spectrum Credit Union
60-months Share Certificate
APY
3.95%
Min
$250,000
Max
-

EverBank 5-Year CD
EverBank
5-Year CD
APY
3.95%
Min
$1,000
Max
-

Chevron Federal Credit Union 60-months Share Certificate
Chevron Federal Credit Union
60-months Share Certificate
APY
3.90%
Min
$100,000
Max
-

Spectrum Credit Union 60-months Share Certificate
Spectrum Credit Union
60-months Share Certificate
APY
3.90%
Min
$100,000
Max
-

Chevron Federal Credit Union 60-months Share Certificate
Chevron Federal Credit Union
60-months Share Certificate
APY
3.85%
Min
$500
Max
-

Chevron Federal Credit Union 60-months Share Certificate
Chevron Federal Credit Union
60-months Share Certificate
APY
3.85%
Min
$50,000
Max
-

Spectrum Credit Union 60-months Share Certificate
Spectrum Credit Union
60-months Share Certificate
APY
3.85%
Min
$500
Max
-

Spectrum Credit Union 60-months Share Certificate
Spectrum Credit Union
60-months Share Certificate
APY
3.85%
Min
$50,000
Max
-

America First Credit Union 60-months Bump-Rate CD
America First Credit Union
60-months Bump-Rate CD
APY
3.85%
Min
$500
Max
-

Marcus by Goldman Sachs 5-Year CD
APY
3.80%
Min
$500
Max
$1,000k

Virtual Bank 60-month CD
Virtual Bank
60-month CD
APY
3.51%
Min
-
Max
-

Bank Financial 5-Year CD
APY
3.50%
Min
$1,000
Max
-

Bank Financial 5-Year Business CD
Bank Financial
5-Year Business CD
APY
3.50%
Min
$1,000
Max
-

MainStreet Bank 5-Year CD
APY
3.50%
Min
$500
Max
-

MainStreet Bank 5-Year Business CD
MainStreet Bank
5-Year Business CD
APY
3.50%
Min
$500
Max
-

Teachers Federal Credit Union 60-month CD
APY
3.50%
Min
$1,000
Max
$100k

Citizens Access 5-Year High Yield CD
Citizens Access
5-Year High Yield CD
APY
3.45%
Min
$5,000
Max
-

USALLIANCE Financial 60-month CD
APY
3.40%
Min
$500
Max
-

UNIFY Financial Credit Union 60-month Jumbo CD
APY
3.40%
Min
$100,000
Max
-

Magnifi Financial 60-month Jumbo CD
Magnifi Financial
60-month Jumbo CD
APY
3.35%
Min
$150,000
Max
-

NuVision Credit Union 5-Year Jumbo CD
NuVision Credit Union
5-Year Jumbo CD
APY
3.25%
Min
$100,000
Max
-

Magnifi Financial 60-month Jumbo CD
Magnifi Financial
60-month Jumbo CD
APY
3.25%
Min
$100,000
Max
$150k

UNIFY Financial Credit Union 60-month CD
APY
3.25%
Min
$40,000
Max
-

Ponce Bank 60-month High Yield CD
Ponce Bank
60-month High Yield CD
APY
3.25%
Min
$1,000
Max
-

NuVision Credit Union 5-Year CD
APY
3.20%
Min
$50,000
Max
-

Magnifi Financial 60-month CD
APY
3.20%
Min
$50,000
Max
$100k

NuVision Credit Union 5-Year CD
APY
3.15%
Min
$25,000
Max
-

Magnifi Financial 60-month CD
APY
3.15%
Min
$25,000
Max
$50k

Fort Liberty Federal Credit Union 60-months Jumbo Share Certificate
Fort Liberty Federal Credit Union
60-months Jumbo Share Certificate
APY
3.10%
Min
$25,000
Max
-

NuVision Credit Union 5-Year CD
APY
3.10%
Min
$1,000
Max
-

Magnifi Financial 60-month CD
APY
3.10%
Min
$500
Max
$25k

UNIFY Financial Credit Union 60-month CD
APY
3.10%
Min
$1,000
Max
-

Fort Liberty Federal Credit Union 60-months Share Certificate
Fort Liberty Federal Credit Union
60-months Share Certificate
APY
3.00%
Min
$500
Max
-

American Express Bank 60-Month CD
APY
3.00%
Min
$1
Max
-

Forbright 60-month Online CD
Forbright
60-month Online CD
APY
3.00%
Min
$1,000
Max
-

Thrivent Credit Union 60-month CD
APY
3.00%
Min
$1,000
Max
-

Liberty Federal Credit Union 5-Year CD
APY
3.00%
Min
$1,000
Max
-

Credit Union of the Rockies 60-month CD
APY
3.00%
Min
$500
Max
-

Credit Union of the Rockies 60-month Baby-Jumbo CD
Credit Union of the Rockies
60-month Baby-Jumbo CD
APY
3.00%
Min
$50,000
Max
-

Amerant Bank 60-month CD
Amerant Bank
60-month CD
APY
2.75%
Min
$10,000
Max
$250k

Amerant Bank 60-month Online CD
Amerant Bank
60-month Online CD
APY
2.75%
Min
$500
Max
$250k

Amerant Bank 60-month Online CD
Amerant Bank
60-month Online CD
APY
2.75%
Min
$500
Max
$250k

XCEL Federal Credit Union 60-months CD
APY
2.75%
Min
$500
Max
-

Ivy Bank 5-Year CD
Ivy Bank
5-Year CD
APY
2.60%
Min
$1,000
Max
$1,000k

Citibank 5-Year Fixed Rate CD
Citibank
5-Year Fixed Rate CD
APY
2.50%
Min
$500
Max
-

Affinity Plus Federal Credit Union 60-month CD
APY
2.50%
Min
$500
Max
-

American Bank 60-month CD
American Bank
60-month CD
APY
2.50%
Min
$500
Max
-

American Bank 60-month Business CD
American Bank
60-month Business CD
APY
2.50%
Min
$500
Max
-

EverBank 5-Year Business CD
EverBank
5-Year Business CD
APY
2.50%
Min
$1,500
Max
-

Zeal Credit Union 60-months Jumbo CD
Zeal Credit Union
60-months Jumbo CD
APY
2.40%
Min
$100,000
Max
-

Zeal Credit Union 60-months CD
Zeal Credit Union
60-months CD
APY
2.30%
Min
$25,000
Max
$100k

Zeal Credit Union 60-months CD
Zeal Credit Union
60-months CD
APY
2.20%
Min
$1,000
Max
$25k

Northpointe Bank 60 months CD
Northpointe Bank
60 months CD
APY
2.15%
Min
$1,000
Max
-

Newtek Bank 60-month CD
Newtek Bank
60-month CD
APY
2.00%
Min
$2,500
Max
$250k

Live Oak Bank 5-Year CD
Live Oak Bank
5-Year CD
APY
2.00%
Min
$2,500
Max
$250k

Live Oak Bank 5-Year Business CD
Live Oak Bank
5-Year Business CD
APY
2.00%
Min
$2,500
Max
$250k

Third Federal Savings & Loan 60-months CD
APY
1.50%
Min
$50
Max
-

American First Credit Union 60-month CD
APY
1.50%
Min
$1,000
Max
-

Continental Bank 5-Year High Yield CD
Continental Bank
5-Year High Yield CD
APY
1.40%
Min
$25,000
Max
-

CIT Bank 5-Year Term CD
CIT Bank
5-Year Term CD
APY
0.50%
Min
$1,000
Max
-

CIT Bank 5-Year Jumbo CD
CIT Bank
5-Year Jumbo CD
APY
0.50%
Min
$100,000
Max
-

BrioDirect 60-month High Yield CD
BrioDirect
60-month High Yield CD
APY
0.45%
Min
$500
Max
-

BMO Harris Bank 60-month Standard CD*
BMO Harris Bank
60-month Standard CD*
APY
0.25%
Min
$1,000
Max
-

Nationwide by Axos Bank 60-month CD
APY
0.20%
Min
$500
Max
-

**Rates for brokered CDs can change daily. While we aim to have the latest rates for these CDs on our site, be sure to check the brokerage site to confirm rates.

Creating a 5-Year CD Ladder

There are two primary reasons people shy away from a 5-year CD term.

  • What happens if interest rates go higher?
  • What happens if you need money in an emergency?

Five years is a long time to tuck your money away at a 2.35% APY and a lot can happen in that time. For example, just in the last few years I’ve bought a house, got married, had two children etc. Each of those times, I had liquid assets to assist in paying for all of it. Had I put a lot of money away in a 5-year CD, I’m not sure I could have navigated those expenses.

The best way to mitigate these downsides is to create a CD ladder. The concept is quite simple actually; to sacrifice a small amount of interest, you can keep your funds much more liquid. For example, let’s assume you have $25,000 to invest in a 5-year CD at a 2.35% interest rate (this is just an example rate). Instead of plugging all $25,000 in at once, you decide to invest in five separate 5-year CD’s.

  • Year one–$5,000 CD at 2.35% APY
  • Year two–$5,000 CD at 2.45% APY
  • Year three–$5,000 CD at 2.30% APY
  • Year four–$5,000 CD at 2.20% APY
  • Year five–$5,000 CD at 2.50% APY

It’s rare for a CD rate to stay static for five years, so I’ve created a little bit of fluctuation.

Losing Interest in a 5-Year CD

During the five years you’re investing in long-term CDs, you still maintain liquidity if you need it. What happens if your roof starts leaking in 24 months? Well, in the above scenario, you still have $15,000 available because you’ve only opened two 5-year CD’s at $5,000 a piece. After five years and your first CD matures, you’ll have ~$5,615 back in your hands. You can choose to once again open another 5-year CD, or simply keep the funds available.

However, creating a CD ladder means you’re sacrificing interest. Had you put the whole $25,000 into a 5-year CD term, the end result would be a mature CD and a balance of $$28,079. By laddering, after five years, you’ll only have generated ~$1,800 in interest and to earn the remaining ~$1,200, you’ll have to wait for your other four 5-year CD’s to mature. Keep in mind of that while you’re waiting to open a CD for your ladder, you can park your money in a high-yield savings account. So while you won’t be earning the same interest you can on a 5-year CD, you will still be earning up to 1.40% APY.

Author

  • Rob Berger

    Rob Berger is the founder of Dough Roller and the Dough Roller Money Podcast. A former securities law attorney and Forbes deputy editor, Rob is the author of the book Retire Before Mom and Dad. He educates independent investors on his YouTube channel and at RobBerger.com.