High-Yield Certificates of Deposit

Grow your money. Not your risk.

Offering competitive rates, guaranteed returns and 100% deposit insurance regardless of your balance, our High-Yield CDs are a safe and secure investment from a trusted online bank. And, with our special 24-Month Investment CD, you can add funds throughout your CD’s term to maximize your savings.

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Trustpilot
Rated 4 out of 10 based on 408 reviews. See some of the reviews here.
Noah
Trustpilot
November 08
People are always kind
People are always kind, well-informed, and more.
Mariana Llamas-Cendon
Trustpilot
October 19
Fast, easy and no hassle
It was fast, easy and without any pain or hassles.
New Customer
Trustpilot
October 06
It was convenient and quick to apply…
It was convenient and quick to apply online. The customer service was prompt and exceptional. Recommendable to others.
customer
Trustpilot
October 06
Friendly and helpful
I called them with a question about updating my information and the person answering the phone was very friendly and helpful and the problem was resolved in short order.
MTK
Trustpilot
October 06
Great service!
Great service!
JA Hill
Trustpilot
September 29
Great Customer Service
I had to call customer service to get my daily spending limit raised while buying a new car. The representative was extremely helpful and friendly. She handled my request quickly. I was delighted!
Kimberly
Trustpilot
September 29
Helped immediately and was efficient.
Helped immediately and was efficient.
David
Trustpilot
September 28
Simple, Quick and Easy
Setting up our joint bank account was simple and quick. We have enjoyed the ease of use.
BRIAN T
Trustpilot
September 21
Top Notched Bank!
Best Bank as far as rates and security, pleasant customer service, fast and secured access to services!
John Pilewski
Trustpilot
September 21
Very easy navigate online accounts.
Very easy navigate online accounts.
Albert Them
Trustpilot
September 08
It was easy to purchase a CD
It was easy to purchase a CD. Thanks for setting things up so smoothly.
Narjis
Trustpilot
September 02
Staff was friendly
Staff was friendly, courteous and helpful
Dalon
Trustpilot
August 31
Personalized Service
We got very personalized service from a representative who gave us her private line to contact her if we had any questions or concerns. They have been great to deal with.
Thomas
Trustpilot
August 24
Very prompt and professional help!
Very prompt and professional help!
Betty Woolard Goddard
Trustpilot
August 23
The agent I spoke with was very polite…
The agent I spoke with was very polite and helpful to me. It is nice doing business with someone who seems to care. I also did not have to wait for a representative to answer my call.
Lisa
Trustpilot
August 16
Excellent customer service as always
Excellent customer service as always! Had trouble ordering checks, and your rep went above and beyond by contacting the order company and doing an order for me while the system was being fixed.
Jennifer
Trustpilot
August 09
customer service
customer service is the reason I have been with BankFive for so long. I love them.
John R Griffin
Trustpilot
August 03
Fast
Fast, friendly, efficient, and informed. Pleasant company to invest in.
Michael
Trustpilot
January 13
Bank5 Connect is the G.O.A.T
Best banking choice I have ever made was switching to Bank5 Connect. Their customer service is second to none. I currently bank with Barclays, Charles Schwab, and Fidelity. Bank5 Connect has the shortest hold time by far and the most helpful staff. Their staff is willing to go above and beyond to make sure their customers are taken care of.
Christina
Trustpilot
June 16
They are very nice and considerat over…
They are very nice and considerat over the phone and are quick to get what problem u have solved fast
Bruce
Trustpilot
May 19
I am a new customer and so far I am…
I am a new customer and so far I am very pleased with everyone I have spoken with. In addition, my debit card and checks arrived promptly.


Today’s Rates for Bank5 Connect CDs

 
Product Interest Rate APY* Minimum Deposit
6 month CD 3.74 % 3.80 % $500.00
12 month CD 3.06 % 3.10 % $500.00
15 month CD 2.81 % 2.85 % $500.00
18 month CD 3.15 % 3.20 % $500.00
21 month CD 3.15 % 3.20 % $500.00
24 month Investment CD 3.25 % 3.30 % $500.00
36 month CD 0.85 % 0.85 % $500.00
 
THIS HIDDEN TABLE USED BY CALCULATOR. DO NOT DELETE.
TERM APY RATE
6 3.80 % 3.74 %
12 3.10 % 3.06 %
15 2.85 % 2.81 %
18 3.20 % 3.15 %
21 3.20 % 3.15 %
24 3.30 % 3.25 %
36 0.85 % 0.85 %

*APY = Annual Percentage Yield



 
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  • Unlimited Protection – Your deposits are 100% insured, even for amounts over the FDIC limit of $250,000
  • Low Minimums – Earn interest on balances as low as $500
  • No Maintenance Fees – Keep what you make without monthly maintenance charges
  • Flexibility – Deposit additional funds throughout the term with our special 24-Month Investment CD
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*APY – Annual percentage yield. $500.00 minimum deposit needed to open the account and obtain the APY. Penalty for early withdrawal. Rate may change at end of term. Fees may reduce earnings. APY accurate as of 11/28/2022.