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 319 reviews. See some of the reviews here.
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.
Paul
Trustpilot
January 14
Very good customer service.
Very good customer service.
Angelo Mendez
Trustpilot
January 07
Evaluating my transaction.
I received a prompt and courteous response to my call. The gentleman answering my call was knowledgeable and my transaction took very little time to complete.
Richard
Trustpilot
January 07
Off to a good start with Bank5 Connect.
Off to a good start with Bank5 Connect. Responsive customer service, and a slick, clean app. They're in the 21st century unlike other nearby online online divisions of brick and mortar banks.
Janice
Trustpilot
December 31
Informed
I had several questions and was given thorough explanations in a courteous friendly manner. Would definitely recommend Bank 5 Connect to friends & acquaintances. Doing banking online doesn't have to be intimidating when you have a great support staff to connect with.
SandraLouise
Trustpilot
December 31
I love Bank5 because of the convenience…
I love Bank5 because of the convenience and the wonderful customer service.
Bank customer
Trustpilot
December 31
Good customer service
Good customer service. Deposit handled promptly. All good.
Thomas
Trustpilot
December 25
Five star
Could not have been easier
Kevin
Trustpilot
December 22
Great personable service.
Great personable service.
Norman
Trustpilot
December 18
Easy to work with!
Easy to work with!
Hal
Trustpilot
December 18
Great Online Bank
Easy to setup. I was moving from another online bank and the move and funds transfer was smooth. I have also now used Bank5 for auto-payments and their bill pay and all have been easy and smooth. The interest rates that they offer are the best.


Today’s Rates for Bank5 Connect CDs

 
Product Interest Rate APY* Minimum Deposit
6 month CD 0.75 % 0.75 % $500.00
12 month CD 1.14 % 1.15 % $500.00
18 month CD 1.05 % 1.05 % $500.00
21 month CD 1.34 % 1.35 % $500.00
24 month Investment CD 1.24 % 1.25 % $500.00
36 month CD 1.34 % 1.35 % $500.00
 
THIS HIDDEN TABLE USED BY CALCULATOR. DO NOT DELETE.
TERM APY RATE
6 0.75 % 0.75 %
12 1.15 % 1.14 %
18 1.05 % 1.05 %
21 1.35 % 1.34 %
24 1.25 % 1.24 %
36 1.35 % 1.34 %

 



 
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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 6/2/2020.