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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Certificates of Deposit
Trustpilot
Rated 4 out of 10 based on 333 reviews. See some of the reviews here.
Karen
Trustpilot
August 05
Bank5 representative was so kind to me…
Bank5 representative was so kind to me in a sticky stressful financial situation, and much more than my mainstream bank that I have been with for years. Just because they’re online, don’t think they don’t add a personal touch.
Wayne
Trustpilot
August 05
I have been banking with Bank5 Connect…
I have been banking with Bank5 Connect for 6 months. The website and mobile app are user friendly. I have contacted customer service a few times and the representatives' provided prompt and courteous responses.
Alan
Trustpilot
July 29
Good bank and the folks were helpful
Damn good bank
Rena
Trustpilot
July 29
Thanks for making the process of…
Thanks for making the process of opening a new account very easy. Your online staff were very helpful and responded in a timely manner.
Edward Tily
Trustpilot
July 29
Quick and easy set up
My transaction went very smooth and was very timely.
David
Trustpilot
July 22
Thnaks for the help
Support helped me get my issues sorted quickly and efficiently. A very pleasant experience.
Jeff
Trustpilot
July 02
excellent service
excellent service
Diana
Trustpilot
May 28
I’ve had a great experience with Bank5.
I’ve had a great experience with Bank5.
Shelley
Trustpilot
May 22
Always prompt and reliable service
Always prompt and reliable service. Thankfully I don't have to contact very often since bank5 is great!
customer
Trustpilot
May 21
Received the guidance I needed for a…
Received the guidance I needed for a quick response. Thanks!
Dawn
Trustpilot
March 05
Fast and Easy
Fast, friendly resolution to my question.
Ashley R.
Trustpilot
March 04
Excellent Customer Service!
So far I’m very happy with my decision to switch to Bank5 Connect. The staff are friendly, knowledgeable and fast with responses.
Patrick
Trustpilot
February 18
Been banking with Bank 5 for nearly two…
Been banking with Bank 5 for nearly two years and so far it's been a good experience.
Tara
Trustpilot
February 18
Great customer serivice!
Great customer serivice!
Sheila
Trustpilot
February 16
Easy to set up new account
Easy to set up new account, happy with the service I received via e-mails and letters that kept me informed of the process.
Carmen
Trustpilot
February 13
Absolutely great customer service!
Absolutely great customer service!
Raymond
Trustpilot
February 12
Easy to open account online
Easy to open account online. Occasional communication with me asking if their service has met my needs, giving me reminders, & the like without being obnoxious regarding marketing.
Nathaniel
Trustpilot
February 12
Bank5 is a good bank
Bank5 is a good bank. They try to treat their customers properly. They work really hard and are very stable. They give you good updates and clearly outline what to expect. Their interest rate is acceptable. They are like the Amazon of banking companies. They're up&coming, and they have a bright future. Highly recommend.
Dan Dubyaa
Trustpilot
February 06
Very helpful and very quick
Very helpful and very quick, not the typical bs you gotta deal with other big banks.
Michelle
Trustpilot
February 05
The best customer service
The best customer service and love the interest earned on my free checking account.
Steven
Trustpilot
January 15
Great customer service.
Great customer service.


Today’s Rates for Bank5 Connect CDs

 
Product Interest Rate APY* Minimum Deposit
6 month CD 0.60 % 0.60 % $500.00
12 month CD 0.80 % 0.80 % $500.00
18 month CD 0.85 % 0.85 % $500.00
21 month CD 0.90 % 0.90 % $500.00
24 month Investment CD 0.90 % 0.90 % $500.00
36 month CD 0.95 % 0.95 % $500.00
 
THIS HIDDEN TABLE USED BY CALCULATOR. DO NOT DELETE.
TERM APY RATE
6 0.60 % 0.60 %
12 0.80 % 0.80 %
18 0.85 % 0.85 %
21 0.90 % 0.90 %
24 0.90 % 0.90 %
36 0.95 % 0.95 %

 



 
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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 8/12/2020.