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6+ Year CD Rates

Compare rates on 6+ year CDs from banks and credit unions. Use the filter box below to customize your results. It is important to factor in the Early Withdrawal Penalty when choosing a long-term CD. Our EWP Calculator can help you determine the effective APY if you were to break the CD before maturity.

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Deposit Amount | $1 $100,000
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53
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Sponsored Note: Steady growth, guaranteed returns and a low minimum deposit to open.
Apple Federal Credit Union120 Month Share Certificate17 Reviews2.60%$500-$7,338
DETAILS
Doral Direct120 Month CD5 Reviews2.30%$500-$6,383
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Discover Bank10 Year CD28 Reviews2.25%$2,500-$6,230
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Franklin Federal Savings Bank7 Year CD2.22%$500-$4,154
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Flagstar Bank108 - 120 Month CD63 Reviews2.20%$500-$10,590
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Columbia Bank (NJ)84 Month CD4 Reviews2.15%$500-$4,026
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Intervest National Bank10 Year CD3 Reviews2.05%$2,500-$5,625
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North American Savings Bank60 - 120 Month CD with Checking1 Review2.00%$10k-$9,476
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Regions Bank70 - 71 Month Relationship CD - Promotional43 Reviews2.00%$500-$9,476
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Clifton Savings Bank84 Month CD1 Review2.00%$500-$3,728
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Third Federal Savings and Loan (OH)72 Month CD2 Reviews2.00%$500-$3,163
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SunTrust Bank66 Month Banker Special Promotional CD28 Reviews2.00%$2k-$2,885
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RSI BANK61 Month CD1.90%$1k-$2,517
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Colonial Bank, FSB84 Month CD1.85%$1k-$3,433
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Northrop Grumman Federal Credit Union84 Month Term CD 1.83%$2,500-$3,394
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Magyar Bank120 Month CD2 Reviews1.80%$2,500-$4,883
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Valley National Bank66 Month Stepped Rate Multiple Maturity CD11 Reviews1.77%$500$500k$2,540
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Franklin Bank (NJ)84 Month Interest Credited Monthly CD1.76%$500-$3,257
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Haven Savings Bank10 Year CD1.75%$100-$4,736
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USAlliance Credit Union60 Month CD1.71%$500-$7,919
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Ocean City Home Bank84 Month CD1 Review1.70%--$3,140
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Air Force Federal Credit Union7 Year CD1.60%$2,500-$2,938
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E-LOAN.com6 Year CD1.55%$10k-$2,417
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Eli Lilly Credit Union10 Year CD1.51%$1k-$4,042
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Monroe Savings Bank, SLA10 Year CD1.51%$1k-$4,042
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Firstrust Savings Bank84 Month CD1.50%$2,500$500k$2,754
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Susquehanna Bank84 - 119 Month Fixed Rate CD10 Reviews1.40%$500-$6,328
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INOVA Federal Credit Union6 Year CD15 Reviews1.39%$200-$2,159
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Millington Savings Bank120 Month CD2 Reviews1.36%$500-$3,626
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Pentagon Federal Credit Union7 Year Money Market Cerificate40 Reviews1.31%$1k-$2,385
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Audubon Savings Bank5 - 10 Year CD1.30%$500-$5,831
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PNC Bank, National Association120 Month CD54 Reviews1.30%$25k-$3,457
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Investors Bank10 Year CD1 Review1.25%$500-$3,307
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KeyBank10 Year Tiered CD - Relationship25 Reviews1.25%$25k$100k$3,307
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TD Bank, National Association7 Year Basic CD35 Reviews1.25%$250-$2,271
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Manasquan Savings Bank7 Year CD1 Review1.25%$500-$2,271
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Royal Bank America10 Year CD1.20%$1k-$3,167
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NVE Bank (NJ)72 Month CD1.20%$1k-$1,860
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Millville Savings and Loan Association7 Year CD1.16%$1k-$2,102
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Displaying 1-40 of 53 Results



6+ Year CD Rate Trend

6+ Year CD Rates

Investing in CDs can be a very useful component of a conservative investment growth strategy. Instead of the risk posed by bonds, which some would deem as the next level of investment, a bank or credit union certificate of deposit could generate a comparable return, especially those in the 6+ Year CD category (which are typically high yield CDs). As a time deposit, 6 or more years is considered a long time in the banking industry, so financial institutions are willing to pay the best CD rates currently available in exchange for your loaning them the money. There are several 7 year CDs and 10 Year CDs available in the rate table above, but rarely if ever will you find a longer term.

Variable Rate CDs

Individuals looking to invest in 6+ Year CDs may also be interested in those that feature variable rates. A variable-rate CD is a broad term for a CD whose interest rate is tied to (and determined by) a variable in the market like an index or U.S. Treasury Note rate. The structure of the interest rate schedule differs with each financial institution, but generally the schedule is predetermined so that the interest rate on the CD changes at set times. Depending on the variable tied to your 6+ Year CD, this feature could be a boon or drain on your savings. Doing your research on the underlying variable, such as the Dow Jones Industrial Average, is necessary to lower the risk of your mistiming the CD, or knowing when to close out an open CD and take the penalty.

Brokered CDs

Brokered CDs are offered by some financial institutions in order to provide a more aggressive CD investment strategy by finding the best interest rates available. For his or her services, a broker usually charges a nominal fee, but will (hopefully) always be on the lookout for the best rates and tell you when closing, opening, and reinvesting CDs are in your best interest.

Callable CDs

Also, make sure to read the fine print on any CD before you fund it, and be on the look out for a “callable” provision. Callable CDs are offered by banks and credit unions in order to hedge the amount of interest they may have to pay on a given CD. The terms of agreement would read something like: “XYZ Bank reserves the right to call, or close, this Certificate of Deposit after one year, or if the variable interest rate reaches a certain threshold.” Ensure that the CD you are opening is non-callable, so that you don’t miss out on any earning potential. Earnings on the principal amount of any CD you open are taxable as income, unless you put them in a tax-deferred IRA.