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Best jumbo CD rates for May 2026

Written by
Yuliya Goldshteyn
Edited by
Rhys Subitch
Reviewed by
Robert R. Johnson
Verified Badge IconExpert verified

Updated May 01, 2026 

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The more money you’ve saved, the more options you generally have for earning a higher interest rate. Those with $75,000 or more may want to consider opening a jumbo certificate of deposit (CD), if the rate the jumbo CD pays is better than a rate you can find with a regular CD. For context, as of April 15, 2026, the top widely available jumbo one-year CD pays 4.15% APY, which is on par with what the best standard one-year CDs are paying with a $1,000 minimum deposit requirement.

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See how we pick our picks: Read our best jumbo CD rates research methodology

Table of contents

Bankrate’s picks for top jumbo CD rates

Note: Annual percentage yields (APYs) shown in this table are as of April 15. APYs may have changed since they were last updated and may vary by region for some products. Bankrate includes in its lists only banks that are members of the Federal Deposit Insurance Corp. (FDIC) or credit unions insured by the National Credit Union Administration (NCUA). 

Best jumbo CD rates for 3-24 months

Term Institution APY Minimum deposit for APY
3 months SchoolsFirst Federal Credit Union 3.05% $100,000
3 months Alliant Credit Union 3.10% $75,000
3 months Bank of America 3.00% $100,000
6 months Credit One Bank 4.10% $100,000
6 months Suncoast Credit Union 3.95% $100,000
6 months Alliant Credit Union 3.90% $75,000
1 year Credit One Bank  4.15% $100,000
1 year Suncoast Credit Union 3.95% $100,000
1 year SchoolsFirst Federal Credit Union 3.90% $100,000
18 months Credit One Bank 4.05% $100,000
18 months Suncoast Credit Union 4.00% $100,000
18 months SchoolsFirst Federal Credit Union 3.95% $100,000
2 years Suncoast Credit Union 4.00% $100,000
2 years Credit One Bank 4.00% $100,000
2 years SchoolsFirst Federal Credit Union 3.95%  $100,000

Best jumbo CD rates for 3-5 years

Term Institution APY Minimum deposit for APY
3 years Credit One Bank  4.00% $100,000
3 years Suncoast Credit Union 4.00%  $100,000
3 years SchoolsFirst Federal Credit Union 3.95% $100,000
4 years Suncoast Credit Union 4.00% $100,000
4 years SchoolsFirst Federal Credit Union 3.95% $100,000
4 years Credit One Bank 3.90% $100,000
5 years Credit One Bank  4.05% $100,000
5 years SchoolsFirst Federal Credit Union  4.05%  $100,000
5 years Suncoast Credit Union 4.00% $100,000

 

A closer look at the best jumbo CD rates

Credit One Bank_logo

Credit One Bank

Rating: 3.8 stars out of 5
3.8 Bankrate CD score

  • Annual percentage yield

    3.90% – 4.25%

  • Min. deposit to open

    $100,000

  • Term

    6 months - 5 years

Why Credit One Bank?

Credit One Bank offers only jumbo certificates of deposit (no regular CDs), as well as two bump-up jumbo CDs. Terms for its jumbo certificates range from six months to five years. What gives Credit One an edge is its 10-day rate guarantee. If CD rates rise soon after you open your account, Credit One will honor the higher yield. This is a welcome perk if interest rates rise. Another feature is the 0.05% loyalty rate bump for customers who roll over their CD once it matures. While modest, this incentive could be useful for long-term savers who want to take a “set it and forget it” approach and don't want to spend time researching higher rates.

SchoolsFirst Federal Credit Union_logo

SchoolsFirst Federal Credit Union

Rating: 4.7 stars out of 5
4.7 Bankrate CD score

  • Annual percentage yield

    3.10% – 4.05%

  • Min. deposit to open

    $100,000

  • Term

    1 month - 5 years

Why SchoolsFirst Federal Credit Union?

SchoolsFirst Federal Credit Union offers a wide range of CD terms, ranging from 30 days to five years. The CDs operate on a tiered rate structure, rewarding larger deposits. You get a higher APY with balances at $100,000 and even higher with balances at or above $250,000. To join SchoolsFirst Federal Credit Union, you must be a current or retired school employee of an eligible California school, an immediate family member of a SchoolsFirst Federal Credit Union member, a college student in an eligible education program or an employee of a company serving those schools. Membership is for life, even if you switch careers or move to another state.

Suncoast Credit Union_logo

Suncoast Credit Union

Rating: 4.7 stars out of 5
4.7 Bankrate CD score

  • Annual percentage yield

    3.95% – 4.00%

  • Min. deposit to open

    $100,000

  • Term

    6 months - 5 years

Why Suncoast Credit Union?

Suncoast Credit Union offers nine jumbo share certificates (the credit union term for CDs) ranging from six months to five years. The jumbo CDs come in a variety of categories, including jumbo share certificates, jumbo youth certificates, jumbo IRA/Roth/SEP certificates and jumbo business certificates. People who attend school, live, work or worship in a county in Florida that Suncoast Credit Union serves are welcome to join.

Alliant Credit Union_logo

Alliant Credit Union

Rating: 4.5 stars out of 5
4.5 Bankrate CD score

  • Annual percentage yield

    3.10% – 3.90%

  • Min. deposit to open

    $100,000

  • Term

    3 months - 5 years

Why Alliant Credit Union?

Alliant Credit Union offers jumbo certificates with a lower minimum deposit than many banks — $75,000 instead of $100,000. The credit union offers eight jumbo CDs, all paying a little bit more than the standard certificates. Alliant also offers IRA certificates. Anyone can apply to join Alliant with a one-time $5 membership fee to the Alliant Credit Union Foundation, which the credit union will pay on your behalf. Or you can see if you qualify by where you work or live (near its Chicago headquarters) or if you have family who are already members.

Navy Federal Credit Union_logo

Navy Federal Credit Union

Rating: 4.4 stars out of 5
4.4 Bankrate CD score

  • Annual percentage yield

    1.30% – 3.75%

  • Min. deposit to open

    $100,000

  • Term

    3 months - 5 years

Why Navy Federal Credit Union?

Navy Federal Credit Union has seven standard CD terms ranging from three months to seven years and offers a higher APY, usually around 0.05% more, on deposits of $100,000 or more. In addition to these CDs, Navy Federal Credit Union also offers IRA CDs. Membership at Navy Federal Credit Union is open to active duty and veteran members of the Army, Marine Corps, Navy, Air Force, Coast Guard, National Guard and Space Force, Department of Defense employees and any immediate family members of qualifying members.

TD Bank_logo

TD Bank

Rating: 4.1 stars out of 5
4.1 Bankrate CD score

  • Annual percentage yield

    2.00% – 3.25%

  • Min. deposit to open

    $100,000

  • Term

    3 months - 5 years

Why TD Bank?

TD Bank offers CDs ranging from three months to five years, but only some of them pay higher yields for deposits of $100,000 or more. Always check what the other tiers are paying and see if maybe committing less money to your CD at this bank might get you a higher rate. These CDs are only available in the following states: CT, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA and Washington, D.C.

How the Fed decisions affect jumbo CDs

Jumbo CD rates, like traditional CD rates, often react to what's happening with the federal funds rate, which is set by the Federal Reserve.

In 2026 so far, the Fed has kept the rate steady and competitive CD rates, for the most part, have also remained steady or inched down, slowly. The inching is thanks to three rate cuts in late 2025. That said, the highest rates still remain elevated for the current rate cycle and are outpacing inflation.  

How to choose the best jumbo CD for you

There aren’t too many banks and credit unions that offer jumbo CDs so you’re generally limited in finding good jumbo CD rates. 

Your best bet will likely be an online-only bank — because they have no branches to maintain and because they need to attract customers to their bank — or a credit union, which is member-owned. Just make sure the term lengths and APY of the jumbo CD work for your needs. 

Learn more: Bankrate’s picks for the best credit unions
Lightbulb Icon

Jumbo or regular CD — which one has the better rates?

While jumbo CDs historically have provided a higher rate of return than traditional CDs, that's not really the case anymore. In 2026, you will likely find the same or higher APYs on CDs with much lower balance requirements.

See more: Bankrate’s best CD rates

Pros and cons of jumbo CDs

Pros

  • Checkmark Icon

    Potentially higher APY than a standard CD

  • Checkmark Icon

    Guaranteed rate for the length of the term

  • Checkmark Icon

    Federal insurance (up to a certain amount)

Cons

  • Restricted access to your money, and potential early withdrawal penalty

  • Risk of inflation outpacing your interest rate during the CD’s term

  • Potential for the interest you earn to put you over the federal insurance limit

Jumbo CD FAQs

Not sure about a jumbo CD?

A jumbo CD may not be the right choice for you. Here are some other ways you can grow or use your considerable savings.

Open a regular CD

You’ll often find similar rates on high-yield CDs as you would on a jumbo CD and you won’t have to commit as much of your money to a timed deposit account.

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Put the money in a high-yield savings account

The best high-yield savings accounts also may pay a similar rate to jumbo CDs. You’ll have easy access to your money, but you won’t get a locked-in rate.

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Invest your cash

See the best performing stocks of 2026.

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Use the money for a downpayment on a house

Compare the best mortgage rates from Bankrate.

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Meet our Bankrate experts

Yuliya Goldshteyn
Written by
Yuliya Goldshteyn Yuliya Goldshteyn Arrow Right Icon
Editor, Deposits
Read more from Yuliya
Yuliya Goldshteyn is a banking editor at Bankrate with four years experience covering all aspects of consumer banking. Her areas of expertise include high-yield savings accounts, bank account management, certificates of deposit, overdraft fees and bank bonuses.
Ribbon Icon
Expertise
  • Consumer banking
  • Savings accounts
Rhys Subitch
Edited by
Rhys Subitch
Editor, Deposits
Robert R. Johnson
Reviewed by
Robert R. Johnson
Professor of finance, Creighton University

Research methodology

Bankrate researches over 100 banks and credit unions, including some of the largest financial institutions, online-only banks, regional banks and credit unions with both open and restrictive membership policies.

To find the best jumbo CD rates, we regularly survey all jumbo CD offerings from the banks and credit unions that offer these specialty certificates.

We define a jumbo CD as one that offers a different APY for deposits over $100,000. If a bank calls its CDs “jumbo” but offers the same APY regardless of the balance, we do not consider it a jumbo CD even if it is marketed as one.

The banks and credit unions on this page are selected based on their current APY for a one-year CD on a minimum deposit of $100,000 or more. Learn more about how we choose the best banking products and our methodology for reviewing banks.

Clock and dollar bills representing a Certificate of Deposit, with the title Best CD Rates