I'm Hans Goldstein, independent licensed insurance producer (NPN 20602398). I don't sell CDs, so these reviews are objective. The key question across every page: when does a CD make sense, and when does a Multi-Year Guaranteed Annuity (MYGA) beat it?
The halo page. Top CDs across every maturity from 6-month to 10-year. Refreshed monthly.
Top 10 ranked by APY. Best for short-horizon cash.
The decision page. 5-year CDs vs 5-year MYGAs with full $ math on $250K.
FDIC vs state guaranty fund. Annual tax vs tax-deferred. Liquidity. When each wins.
Tradeable vs locked. Stacking FDIC at Fidelity/Schwab/Vanguard.
Step-by-step ladder build. Worked $250K example. Ladder vs MYGA math.
No-fee online. No-Penalty CD option. $500 min.
Raise Your Rate + No-Penalty + Bump-Up options. No min.
Online + physical branches. No min deposit.
Strong rates. Bump-Up CDs + IRA CDs available.
10-year terms available. $2,500 min.
Citizens Bank online arm. $5K min (higher than peers).
Top 1-year rate. Has Money Market for between-CD parking.
UK-parent, US-charter. FDIC-covered. No min deposit.
NCUA-insured. Open to all (no military requirement). $1K min.
NCUA-insured. Military, DoD, family. Highest yields in tier.