4.30% APY
6 months
N/A
$2,500
Newtek Bank stands out as the top choice because it offers some of the highest APYs available, particularly for short-term CDs. With flexible terms and no monthly fees, it provides an attractive option for savers looking to maximize their returns.
Pros:
- High APY
- No monthly fees
Cons:
- High minimum deposit
4.15% APY
3 months
N/A
$500
What sets Northern Bank Direct apart is its accessibility with a low minimum deposit requirement, making it ideal for those looking to invest smaller amounts. Their competitive rates on short-term CDs provide a solid option for savers who prefer flexibility.
Pros:
- Low minimum deposit
- Competitive short-term rates
Cons:
- Higher rates require larger deposits
4.15% APY
9 months
N/A
$1,500
Bread Savings shines for its daily compounding interest, which can significantly enhance returns over time. With a variety of term options, it caters to different savings goals, although the minimum deposit is higher than some other providers.
Pros:
- Daily compounding interest
- Wide range of terms
Cons:
- Higher minimum deposit than some competitors
4.10% APY
8 months
N/A
$500
LendingClub offers a standout 8-month CD with a competitive APY, making it an attractive choice for those seeking short-term investments. The absence of monthly maintenance fees adds to its appeal, although the range of term options is somewhat limited.
Pros:
- Competitive rates
- No monthly maintenance fees
Cons:
- Limited term options compared to others
4.10% APY
14 months
N/A
$0
Synchrony Bank excels with its no minimum deposit requirement, allowing savers to start investing without a significant upfront cost. Their flexible term options cater to a wide range of savings strategies, although rates can fluctuate based on the balance.
Pros:
- No minimum deposit requirement
- Flexible term options
Cons:
- Rates may vary based on balance
Final Words
In March 2026, top CD providers such as Newtek Bank, Ally Bank, Marcus by Goldman Sachs, Discover Bank, and CIT Bank are offering competitive rates, with Newtek Bank leading the pack with APYs up to 4.20%. Be sure to compare options to find the best fit for your financial goals, as even a slight difference in rates can significantly impact your returns.
Frequently Asked Questions
The best CD rate in the US for March 2026 is offered by Newtek Bank, with a 6-month CD rate of 4.30% APY.
Newtek Bank offers a 6-month CD with a minimum deposit of $2,500 at a rate of 4.30% APY.
Northern Bank Direct offers a 3-month CD at a rate of 4.15% APY with a minimum deposit of $500.
Other top CD providers include Northern Bank Direct, which offers a 3-month CD at 4.15% APY, and Bread Savings, which offers a 9-month CD at 4.15% APY with a minimum deposit of $1,500.
A Certificate of Deposit (CD) is a savings product offered by banks that allows you to deposit money for a fixed term at a fixed interest rate, usually yielding higher returns than a regular savings account.
Yes, most banks impose an early withdrawal penalty if you take money out of a CD before its maturity date. This penalty can vary based on the bank and the term of the CD.
When your CD matures, you typically have the option to withdraw your funds, roll it over into a new CD, or transfer the funds to another account.
Minimum deposits for CDs vary by provider. For example, Newtek Bank requires a minimum deposit of $2,500 for their 6-month CD, while Northern Bank Direct requires only $500 for their 3-month CD.
Compare CD Rates
Summary of all rates from our cd rate pages. Click column headers to sort.
| Provider ↕ | Rate ↓ | Term ↕ | Min Deposit | |
|---|---|---|---|---|
| Newtek Bank | 4.30% APY | 6 months | $2,500 | Learn more |
| Limelight Bank | 4.15% APY | 6 months | $1,000 | Learn more |
| Bread Savings | 4.15% APY | 9 months | $1,500 | Learn more |
| Northern Bank Direct | 4.15% APY | 3 months | $500 | Learn more |
| Synchrony Bank | 4.10% APY | 14 months | $0 | Learn more |
| LendingClub | 4.10% APY | 8 months | $500 | Learn more |
| Popular Direct | 4.05% APY | 1 year | $10,000 | Learn more |
| Marcus by Goldman Sachs | 4.00% APY | 1 year | $500 | Learn more |
| Sallie Mae Bank | 3.80% APY | 1 year | $2,500 | Learn more |
| Colorado Federal Savings Bank | 3.80% to 4.00% APY | 5 years | $5,000 | Learn more |
| Capital One 360 | 3.75% APY | 1 year | $0 | Learn more |
| Live Oak Bank | 3.60% APY | 6 months | $2,500 | Learn more |
| CFG Bank | 3.35% to 3.90% APY | 5 years | $500 | Learn more |
| Wells Fargo | 0.05% APY | 6 months | $2,500 | Learn more |
