U.S. Bank CD Rates: June 2025

U.S. Bank offers some competitive rates, which can be higher if you're already a customer

By

澳洲幸运5开奖号码历史查询:Ben Luthi

Updated May 30, 2025

Mature couple smiling during a meeting with their financial advisor about CD rates — Goodboy Picture Company / Getty Images

U.S. Bank certificates of deposit (CDs) come in three forms, including a standard CD, a trade-up C💜D, and a step-up CD.

The standard CD has some competitive special rates, and if you're already a U.S. Bank customer you can get personalized rates for your account. That said, most of U.S. Bank’s CD rates are unappealing compared to 澳洲幸运5开奖号码历史查询:the best CD rates unle𓃲ss you open that special rate account.

Important

The rates below are based on ZIP code 55111 in Minneapolis𝓡, where U.S. Bank is headqu🧸artered.

U.S. Bank CD Rates Overview
	APY
Standard CD Special Rate Account	3.10%-4.00%
Standard CD Account Overview	0.05%
U.S. Bank Trade-Up CD Account Overview	0.10%-0.40%
U.S. Bank Step-Up CD Account	0.35% (blended)

Compare U.S. Bank CDs Rates

U.S. Bank CDs do not offer very competitꦓive interest rates. By sh🐬opping around, you can easily find higher rates on CDs that match your needs.

U.S. Bank CDs: Key Features

U.S. Bank CD Key Features
	Term	Amount	APY
Standard CD Special Rate Account	7-15 months	$1,000- $250,000	3.10%-4.00%
Standard CD Account Overview	1-60 months	$500-$250,000	0.05%-0.25%
U.S. Bank Trade-Up CD Account Overview	30-60 months	$1,000-$250,000	0.10%-0.40%
U.S. Bank Step-Up CD Account	28 months	$1,000-$250,000	0.35% (blended)

U.S. Bank’s special CD rates are only available on a few term lengths, but they're relatively short. The minimum deposit requirement is higher than the requirement for the bank's other standard CDs, and you may be able to find similar rates with a lower deposit requirement elsewhere.

Unfortunately, U.S. Bank doesn't disclose its early withdrawal penalties upfront. The account agreement provided on the bank's website says that penalties are disclosed only when you open an account.

The bank's standard CD has a much wider range of terms, but standard CD rates at U.S. Bank are extremely low, even compared to traditional savings accounts. So, they're likely not worth your while, even with the lower balance requirement.

U.S. Bank's Trade-Up CD is a specialized CD that allows customers to trade up for a higher interest rate if the rate for the account increases during their term—but only once.

That said, the interest rates are low and you need to lock in one of those low rates at first, so you're likely better off with one of the bank's special rate CDs. The account also has a higher minimum deposit requirement than the standard CD.

A 澳洲幸运5开奖号码历史查询:step-up CD offers an interest rate that increases at regular intervals during the account's term. U.S. Bank only offers one term, and while its interest rate increases throughout 🥂the term, the blended or composite APY is very low compared to the bank's special CD rates, which come with shorter terms. The minimum deposit is also higher than the standard CD.

Pros and Cons of U.S. Bank CDs

Pros

Variety of terms
Some higher rates on special CDs

Cons

Rates not competitive
Limited branch network

Pros Explained

Variety of terms: You can find a range of terms on U.S. Bank CDs to help meet different financial goals.
Some higher rates on special CDs: You can potentially get rates of up to 4.00%, but you must be a member first.

Cons Explained

Rates not competitive: You can easily find CDs with higher rates than the rates on U.S. Bank CDs.
Limited branch network: U.S. Bank has locations in only 26 states, which is a disadvantage if you like to bank in person.

About U.S. Bank

澳洲幸运5开奖号码历史查询:U.S. Bank is a regional bank that offers CDs nationwide, along with other banking products and services in select states, including checking and 澳洲幸运5开奖号码历史查询:savings accounts, personal loans, auto loans, home loans, and investment services. That said, the bank only has branches in 26 states.

U.S. Bank's special CD rates are competitive, and if you're already a U.S. Bank customer you may be able to get a higher personalized rate than what's publicly available.

Compared to other banks that offer nationwide products and services, U.S. Bank's customer satisfaction ratings are slightly lower than the average, according to a 2023 study by J.D. Power.

Important

Even if you can get a higher personalized interest rate as a U.S. Bank customer, it's still a good idea to 澳洲幸运5开奖号码历史查询:research and compare CD rates, deposit r﷽equirements, terms, and other features with o🐽ther banks and credit unions to find the best fit for you.

Alternatives to U.S. Bank CDs

Other high-interest CDs: Most U.S. Bank CDs are not competitive. Check the best CD rates currently available before making a deposit.
High-yield savings account: If you want to protect your funds while also earning interest, you can also consider a 澳洲幸运5开奖号码历史查询:high-yield savings account.
Checking account: A checking account is another option for storing your cash, especially if you don’t want to be subject to withdrawal limits. Some 澳洲幸运5开奖号码历史查询:high-interest checking accounts can provide more returns on your cash than traditional checking accounts.
Money market account: 澳洲幸运5开奖号码历史查询:Money market accounts are similar to savings accounts, though they may also come with check-writing abilities and a debit card. You can often earn a good rate on your savings, but you might have to deal with monthly fees or minimum balance requirements.
I bonds: I bonds from the U.S. government are an investment option for protecting your savings from inflation. I bonds may or may not offer a higher rate than the best CDs. When you invest, you have to commit to leaving your money in the I bond for at least a year.

Frequently Asked Questions (FAQs)

What Is the Minimum Deposit for a U.S. Bank CD Account?

For U.S. Bank’s standard CD, the minimum deposit requirement is $500. However, if you want to take advantage of U.S. Bank’s special CD rates or you want a step-up or 澳洲幸运5开奖号码历史查询:trade-up CD, the minimum is $1,000.

Is U.S. Bank FDIC-Insured?

Yes, U.S. Bank offers standard 澳洲幸运5开奖号码历史查询:FDIC insurance coverage, which is $250,000 per account, per owner. It's also important to note that the maximum amount you can deposit into one of the bank's CDs is $250,000, meaning that your entire balance is covered.

Is There an Early Withdrawal Penalty for U.S. Bank CDs?

Yes, U.S. Bank charges an 澳洲幸运5开奖号码历史查询:early withdrawal penalty if you take money out of your CD before it matures. However, unlike other banks and credit unions, U.S. Bank doesn't disclose what the penalty is until you open an account.

Can You Have a Joint CD Account at U.S. Bank?

Yes, you can add a co-owner to your account after you 澳洲幸运5开奖号꧒码历史查询:open and fund a𓄧n individual CD account.

Your Guide to CDs

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