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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.

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Deposit Amount | $1 $100,000
Currently Including:
26
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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
DETAILS
Discover Bank10 Year CD27 Reviews2.25%$2,500-$6,230
DETAILS
Franklin Federal Savings Bank7 Year CD2.22%$500-$4,154
DETAILS
Flagstar Bank108 - 120 Month CD62 Reviews2.20%$500-$10,590
DETAILS
Intervest National Bank10 Year CD3 Reviews2.05%$2,500-$5,625
DETAILS
North American Savings Bank60 - 120 Month CD with Checking1 Review2.00%$10k-$9,476
DETAILS
Regions Bank70 - 71 Month Relationship CD - Promotional42 Reviews2.00%$500-$9,476
DETAILS
SunTrust Bank66 Month Banker Special Promotional CD28 Reviews2.00%$2k-$2,885
DETAILS
Northrop Grumman Federal Credit Union84 Month Term CD 1.85%$2,500-$3,433
DETAILS
Third Federal Savings and Loan (OH)72 Month CD2 Reviews1.75%$500-$2,750
DETAILS
USAlliance Credit Union60 Month CD1.71%$500-$7,919
DETAILS
Air Force Federal Credit Union7 Year CD1.60%$2,500-$2,938
DETAILS
E-LOAN.com6 Year CD1.55%$10k-$2,417
DETAILS
Eli Lilly Credit Union10 Year CD1.51%$1k-$4,042
DETAILS
Pentagon Federal Credit Union7 Year Money Market Cerificate40 Reviews1.31%$1k-$2,385
DETAILS
KeyBank10 Year Tiered CD - Relationship25 Reviews1.25%$25k$100k$3,307
DETAILS
Univest Bank and Trust Co.72 Month Fixed CD1 Review1.10%$500-$1,701
DETAILS
USAA Bank7 Year CD - Standard54 Reviews1.06%$1k$95k$1,915
DETAILS
Chase Manhattan Bank120 Month CD Special - Relationship91 Reviews1.01%$10k-$2,651
DETAILS
Bank of Blue Valley60 - 71 Months CD3 Reviews0.75%$500-$3,223
DETAILS
1st Source Bank6 Year CD0.65%$500-$991
DETAILS
Comerica Bank7 - 10 Year Fixed Rate CD10 Reviews0.40%$1k-$1,673
DETAILS
iGObanking10 Year iGOCD13 Reviews0.35%$1k-$889
DETAILS
Bank of America60 - 119 Month CD - Platinum Rate148 Reviews0.15%$1k-$616
DETAILS

Displaying 1-40 of 26 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.