U.S. Bank CD rates
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U.S. Bank offers CD terms from 1 month to 5 years, but most standard rates fall below 1% APY. Their 5-month Special CD is the only competitive option worth considering — the standard CDs pay less than current high-yield savings accounts while locking up your money
Many top online banks offer over 4.00% APY on similar terms with lower minimum deposits.
U.S. Bank CD rates
U.S. Bank offers a wide variety of CD terms, which sounds appealing until you look at the actual rates. They provide standard CDs ranging from one month to five years, plus several specialty products like Step Up and Trade Up CDs. The problem isn't variety — it's that most of these CDs pay rates so low they don't justify locking up your money.
- Standard CDs require a $500 minimum deposit with a $250,000 maximum. U.S. Bank doesn't publish these rates prominently on their website, requiring you to call or visit a branch for current rates. This lack of transparency should be your first red flag.
- CD Specials are promotional CDs offering better rates on select terms. Currently, they're offering a 5-month CD Special with a $1,000 minimum. This is the only U.S. Bank CD that comes close to competitive.
- Specialty CDs include Step Up (automatic rate increases over 28 months) and Trade Up (one-time rate increase option).
| Term | APY | Min. deposit |
|---|---|---|
| 5 months | 3.35% APY | $1,000 |
Note: Annual percentage yields (APYs) were last updated on December 23, 2025 and may vary by region.
How U.S. Bank CD rates compare with top-yielding banks
U.S. Bank CD rates are low compared with many other banks. Some competitors, especially online banks, pay up to 4.10 percent APY on short-term CDs. Keep in mind, however, that some banks may have lower minimum deposit requirements but fewer term options.
U.S. Bank’s CD Specials are the only CD options that offer competitive rates. But you can still find CDs from other banks that offer better rates to help you reach your financial goals sooner, including:
Other savings options at U.S. Bank
In addition to standard and CD Specials, U.S. Bank offers Step Up and Trade Up CDs.
The Step Up CD gives you an automatic interest rate increase every seven months during the CD’s 28-month term, with an overall blended yield of 0.35 percent APY. The Trade Up CD lets you boost your rate one time if rates go up during the CD’s 30-month or five-year term. Both of these CDs require $1,000 to open.
U.S. Bank also offers a savings account and money market account.