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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.

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Include credit unions with membership based on any industries that you or immediate family members currently or have previously worked in:

182 Results

Nationwide Only
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4.00%
$5k-$5,433
3.75%
$1k-$5,068
United States Senate FCU60 Month Share Certificate6 Reviews
3.57%*
$20k-$4,807
3.51%
$500-$4,707
McGraw Hill FCU60 Month CD Promo (New Money)
3.50%
$1k$1m$4,706
Georgia Banking Company5 Year Certificate
3.50%
$500-$4,692
3.49%
$500-$4,678
State Bank of India5 Year Senior Citizen CD
3.39%
$25k-$4,535
3.35%
$1k-$4,491
3.30%
$5k$1m$4,498
PenFed Credit Union5 Year Money Market Certificate142 Reviews
3.30%
$1k-$4,406
3.30%
$10k-$4,406
State Department FCU60 Month Certificate6 Reviews
3.29%
$500-$4,405
3.25%
$500-$4,348
3.25%*
$500-$4,348
3.25%
$500-$4,348
3.25%
$1k-$4,335
Service Credit Union5 Year Share Certificate19 Reviews
3.25%
$1k-$4,335
3.25%*
$10k-$4,335
3.20%*
$1k-$4,277
Communitywide FCU60 Month Share Certificate4 Reviews
3.20%
$2k-$4,277
3.16%
$100-$4,163
3.15%*
$25k-$4,206
Vio Bank60 Month High Yield Online CD
3.15%
$500-$4,206
3.15%
$2.5k$250k$4,194
Citizens AccessOnline 5 Year CD
3.15%
$5k-$4,194
American Heritage FCU60 Month Share Certificate3 Reviews
3.11%
$1k-$4,149
Capital One60 Month 360 CD391 Reviews
3.10%
--$4,135
3.10%*
$500-$4,135
3.10%
$2k-$4,135
3.10%
$500-$4,135
PurePoint Financial60 Month Online CD
3.10%
$10k-$4,135
Congressional Bank60 month Personal High Yield CD Special
3.10%
$25k-$4,135
TIAA Bank5 Year Yield Pledge CD12 Reviews
3.10%
$5k$1m$4,123
3.06%*
$25k-$4,078
3.05%
$10k-$4,064

Displaying 1-40 of 182 Results


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.

5-Year CD Rate History – Average APY (%) Rate Trend over Time

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 APY (Annual Percentage Yield) 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.

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers 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 info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.