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.

Open an Account
Certificates of Deposit
Trustpilot
Rated 8 out of 10 based on 284 reviews. See some of the reviews here.
Phil
Trustpilot
December 05
Great Bank
I have had nothing but positive experiences with Bank 5 connect. Online and mobile banking is on par with the bigger banks but their customer service is way better. Very happy with my decision to switch to Bank 5 connect!
Jeffrey
Trustpilot
December 05
It was easy to complete the transaction…
It was easy to complete the transaction even when I changed it.
Mack
Trustpilot
December 04
Thank you for excellent service
Thank you for excellent service
Bobby
Trustpilot
November 26
Bank5 Connect has outperformed prior…
Bank5 Connect has outperformed prior bank at every turn. From true interest bearing checking accounts which are hard to find in Illinois to customer service and clarifying concerns.
Lisa
Trustpilot
November 26
Easy to Work With
Easy to set up an account, and when I needed help recently the customer service representative immediately gave me the information I needed. I closed my account, but will use Bank5 Connect again in the future.
Janie
Trustpilot
November 26
It is refreshing to actually get to…
It is refreshing to actually get to talk to someone, and anytime I have had to call Bank5 Connect, the Representative in Customer Service was very friendly, professional, and knowledgeable! Thank you!
Chris
Trustpilot
November 26
Your customer service agent
Your customer service agent, Keith, was knowledgeable and efficient. It was a pleasure dealing with him.
Crystal
Trustpilot
November 21
Thank you for helping
Thank you for helping
Michael
Trustpilot
November 05
the customer service person was very…
the customer service person was very friendly knowledgeable and helpful.
Carlos
Trustpilot
October 30
Easy to navigate online and very nice…
Easy to navigate online and very nice customer service. Interest is really gd
Dawn Martin
Trustpilot
October 22
Very easy to use!
Very easy to use!
Rosario
Trustpilot
October 15
Best bank
Best bank! They have way more options than my Bank of America app!
Shanna
Trustpilot
September 17
I felt heard and my issue was…
I felt heard and my issue was successfully resolved
Nicholas
Trustpilot
September 11
very helpful csr
very helpful csr
HUSNA
Trustpilot
September 10
good
good i like it
Kristyn
Trustpilot
September 03
Expecting the worst, got the best.
I had lost a lot of information in a move and expected to have a difficult time when I called customer service. It was the exact opposite. The man who helped me was patient and explained things clearly and stayed on the line with me until my problem was 100% solved. Great job.
jerrold s ruden
Trustpilot
August 27
5 stars
excellent online bank with excellent rates [highly recommend to new customers
Satish
Trustpilot
August 27
Simple Process Open New Account
Simple Process Open New Account. Very good products.
Tracy
Trustpilot
August 27
I have been a customer for almost 5…
I have been a customer for almost 5 years!! They are the best!! Very friendly and helpful!!!
Larry
Trustpilot
August 21
Great bank! Happy customer!
Very quick and easy to open a CD online. Especially like the Investment CD that allows additional deposits during the term of the CD. Very professional and knowledgeable customer service personnel. All in all, a very good and positive experience!
RC
Trustpilot
August 20
Helpful
Very helpful.


Today’s Rates for Bank5 Connect CDs

 
Product Interest Rate APY* Minimum Deposit
6 month CD 1.44 % 1.45 % $500
12 month CD 1.98 % 2.00 % $500.00
18 month CD 1.74 % 1.75 % $500.00
21 month CD 2.03 % 2.05 % $500.00
24 month Investment CD 2.08 % 2.10 % $500.00
36 month CD 2.18 % 2.20 % $500.00
 
THIS HIDDEN TABLE USED BY CALCULATOR. DO NOT DELETE.
TERM APY RATE
6 1.45 % 1.44 %
12 2.00 % 1.98 %
18 1.75 % 1.74 %
21 2.05 % 2.03 %
24 2.10 % 2.08 %
36 2.20 % 2.18 %

 



 
Print page
  • 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
Question Mark Icon

Questions? Browse our FAQs to learn more.

Bank5 Open an account Illustration

Thinking about opening a Bank5 Connect account? Start now!

Open an Account

*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 12/6/2019.