Featured 1-Year CD Rates
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5 Year CD Rates

Compare rates on 5 year CDs from banks and credit unions. Use the filter box below to customize your results. Also, try our EWP Calculator to help you determine the effective APY if you decided to break the CD before maturity, or click here to read about other tips for utilizing longer-term CDs like the 5-year CDs listed below.

Deposit Amount
$1 $100,000

182 Results

Nationwide Only
Signal Financial FCU1/3/5 Certificate Ladder - 5 Yr Item
Melrose Credit Union5 Year Share Certificate17 Reviews
Blue FCU60 Month CD - Sapphire4 Reviews
RiverLand FCU60 Month Certificate1 Review
NuVision FCU5 Year CD
Velocity Credit Union5 Year Share Certificate Promotion3 Reviews
AgFed Credit Union60 Month Share Certificate
MutualOne Bank60 Month CD
State Department FCU60 Month Certificate4 Reviews
Andrews FCU60 Month Jumbo Share Certificate17 Reviews
Montgomery County Employees FCU60 Month MVP Best Share Certificate
Wings Financial Credit Union5 Year Dividend Paid Quarterly Share Certificate 30 Reviews
Northwest FCU5 Year Share Certificate13 Reviews
GTE Financial60 Month Share Certificate - Member Advantage11 Reviews
NBKC Bank60 Month CD
EECU60 Month CD3 Reviews
Utah First FCU60 Month CD
Grow Financial FCU60 Month Share Certificate12 Reviews
UNIFY Financial Credit Union60 Month Share Certificate3 Reviews
Communitywide FCU60 Months Share Certificate3 Reviews
Popular Direct5 Year Popular Direct CD
Service Credit Union5 Year Share Certificate13 Reviews
EverBank5 Year Yield Pledge CD20 Reviews
Mid-Illini Credit Union60 Month Share Certificate2 Reviews
People's Trust FCU60 Months CD
KS StateBank5 Year CD

Displaying 1-40 of 182 Results

5 Year CD Rate Trend

5-Year CD Rates

5 Year CD rates are among the highest CD rates in the country and offer solid returns for a fixed investment period. The table above lists the best 5-year CD rates at the top and allows you to filter your results based on investment amount and institution location. Click the plus button to the left of the bank or credit union name to view account features and rate history for the 5 Year CD, or 60 Month CD, offered by that particular institution.

What is a CD?

CD rates, or certificate of deposit rates, represent the annual percentage yield paid by a financial institution as a return on a time deposit made by a depositor. A CD is unlike a savings account in that it is issued for a fixed period of time, before which funds may be disbursed only by way of an early withdrawal penalty. CDs provide a secure way to grow retirement savings at a fixed rate of interest and can be helpful as a hedge against riskier investments in the same portfolio.

How Some People Use 5-Year CDs

Many investors use a CD calculator as a tool to help them decide whether a particular 5 Year CD is a good investment. CD laddering is a strategy used by some investors to turn the high rates achieved with longer term CDs into regular returns. To build a typical CD ladder, you would buy 5 CDs with differing maturity dates – a 1 Year CD, 2 Year CD, 3 Year CD, 4 Year CD, and 5 Year CD for example. After the first year, when the 1 Year CD expires, take the proceeds and buy another 5 Year CD with them. Repeat this process each year until you have 5 Year CDs expiring every year. This strategy helps you to take advantage of the earning potential of the higher CD rates while maintaining liquidity by giving you yearly access to funds (unless you are willing to take an early withdrawal penalty to access your money sooner).

Brokered CDs

Brokered CDs are not the same as direct CDs and come with downsides (as well as benefits) that differ from the CDs listed in the rate table above. Credit union CD rates can at times be higher than bank CD rates, and online banks tend to offer the highest interest rates among banks overall. At FDIC and NCUA-insured institutions, your deposits are covered up to $250,000, including any CDs you buy from the bank or credit union.

The rates and promotions displayed are gathered from various financial institutions and may not reflect all of the products available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate data or to request rates or promotions be included in this chart. We are not affiliated with the financial instututions listed here.

* The APY shown is based on the deposit amount selected. Expand the listing to see APYs for other deposit amounts.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.