Truist Bank CD rates
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Truist Bank's certificate of deposit rates aren't competitive. If you're serious about growing your savings, you're leaving significant money on the table by choosing Truist CDs.
Truist offers CD terms ranging from seven days to 60 months, but all publicly listed rates hover around 0.05% APY. To put this in perspective: $10,000 in a one-year Truist CD earns you just $5 in interest. That same amount in a top-rated CD paying 4.00% APY would earn you $400 — that's 80 times more.
You'll need at least $1,000 to open most Truist CDs, with some short-term options requiring $2,500. These aren't prohibitively high barriers, but when paired with low rates, they make even less sense.
Truist CD rates
Here’s a closer look at Truist’s CD rates.
| Term | APY | Min. deposit |
|---|---|---|
| 1 month | 0.05% APY | $2,500 |
| 2 months | 0.05% APY | $1,000 |
| 3 months | 0.05% APY | $1,000 |
| 6 months | 0.05% APY | $1,000 |
| 1 year | 0.05% APY | $1,000 |
| 2 years | 0.05% APY | $1,000 |
| 30 months | 0.05% APY | $1,000 |
| 3 years | 0.05% APY | $1,000 |
| 4 years | 0.05% APY | $1,000 |
| 5 years | 0.05% APY | $1,000 |
Note: Annual percentage yields (APYs) were last updated on December 26, 2025 and may vary by region.
How Truist compares to top-yielding banks
Online banks consistently outperform traditional banks on CD rates because they have lower overhead costs. No branch networks means they can pass savings directly to you through higher APYs.
Consider these alternatives:
- Marcus by Goldman Sachs: Offers high APYs on 1-year CDs with just a $500 minimum and no branch visit required
- Ally Bank: Provides competitive rates plus no-penalty CD options that let you withdraw early without fees
- Synchrony Bank: Features high-yield CDs with no minimum deposit requirement
Want to see all your options? Our best CD rates page updates daily with the highest APYs across all major terms, along with minimum deposit requirements and other key details.
Alternatives to CDs at Truist
If you're sticking with Truist for other banking needs, at least put your short-term savings somewhere more productive:
High-yield savings accounts currently offer around 4.00% APY with full liquidity — meaning you can access your money anytime without penalties. Many savers are finding these more attractive than low-rate CDs because you earn comparable (or better) interest without locking up your funds.
Money market accounts provide similar high yields plus check-writing privileges and debit cards, giving you more flexibility than a CD.
Both options beat Truist's CD rates while maintaining access to your money. That's worth considering, especially in an uncertain rate environment.
How to choose the right CD
Forget about Truist for a moment. Here's how to actually find a CD that serves your goals:
1. Determine your timeline: Don't lock up money you might need. CD terms range from 3 months to 5 years—match your term to when you're confident you won't need the funds.
2. Compare rates across terms: Sometimes a 6-month CD offers nearly the same rate as a 1-year CD. Why lock up your money longer for minimal extra return? Use our CD calculator to run scenarios.
3. Check minimum deposits: Many top-paying CDs require no minimum or just $500. Don't assume higher minimums mean better rates—they often don't.
4. Consider CD laddering: Split your money across CDs with different maturity dates. This gives you regular access to portions of your savings while still earning CD rates. Learn how to build a CD ladder.
5. Read the fine print: Understand the early withdrawal penalty, whether the CD auto-renews, and if there's a grace period at maturity to withdraw or move funds penalty-free.
Next steps: Finding the best CD for you
Here's what to do right now:
- Check today's best CD rates to see what's actually available in the market
- Compare online banks that consistently offer high rates
- Calculate your potential earnings to understand exactly how much you could earn.
The current rate environment rewards savers who shop around. Don't leave money on the table because of banking inertia.