Best IRA CD rates for May 2026

Bread Savings consistently offers competitive yields on its savings products and is regularly featured on Bankrate’s lists of the best high-yield savings and CDs. Its IRA CDs are no exception. The bank offers a solid range of CD terms, which will fit various needs since the bank offers both short- and long-term CDs. As with its other products, yields are robust throughout.

Synchrony Bank is an online bank that offers Roth IRA CDs and traditional IRA CDs, both with a wide range of terms, spanning three months to five years. Most of those terms also come with robust rates. While you can manage your account online, you can only open an IRA CD with Synchrony Bank over the phone. Other Synchrony accounts, however, can be opened online. 

Ally Bank is an online-only bank that offers seven IRA CD terms from three months to five years, all of which earn solid rates. It also offers two-year and four-year Raise Your Rate CDs, which give you the ability to raise your rate if Ally’s rate goes up for the same CD.

If you fund any Ally IRA CD within 90 days, you’ll get its best rate for the term and balance on either the day you open or the day you fund the account. Ally Bank IRA CDs are available as a Traditional, Roth and Simplified Employee Pension (SEP) IRA.

America First offers a very wide range of IRA CD terms beyond just the 12-month certificate, which currently earns a top-notch rate. With all of the options available, you can easily set up an IRA CD ladder. 

To join America First Credit Union, you must live, work, or attend school or church in specific counties in Utah, Nevada, Arizona, Idaho, Oregon or New Mexico, or be associated with certain employers. Members of the immediate family or household of an existing member also qualify.

Suncoast Credit Union offers both regular IRA CDs with a $500 minimum balance and jumbo IRA CDs that require at least $100,000. In addition to a 12-month IRA CD, there are many IRA terms available, with terms ranging from six months to five years. The jumbo IRA CDs currently earn slightly higher yields than regular IRA CDs. That said, they all come with competitive rates, earning about the same as many top-notch high-yield savings accounts.  

Suncoast Credit Union serves people living, working or attending school in select Florida counties. You can also qualify to join if a family member is already a member or if you’re an alumnus of Florida college.

Mountain America Credit Union offers a solid range of CD terms, any of which can be opened as an IRA CD. Rates throughout all the terms are competitive. 

All standard and IRA CDs even come with a one-time rate bump-up option, which allows you to raise your rate if your term offers a higher APY. The caveat is that it makes you start lower than the base rate, too.

While the credit union maintains branches in many western states — including Utah, Arizona, Idaho, Nevada and Montana — membership is primarily limited to those who live in certain Utah counties and their family members. You may also qualify if you're an employee or volunteer of select employer groups and affiliated associations.

SchoolsFirst Federal Credit Union offers a wide range of IRA CD terms, allowing you to open a CD as short as 30 days to as long as five years — and most other term lengths in between that range, making SchoolsFirst one of the best on this list for setting up a customized CD ladder. Higher deposits earn slightly higher yields, but with the base minimum deposit of $500, you can still get a stellar rate. 

SchoolsFirst primarily serves educational communities in California, so membership is open to current or retired school employees living in California and their family members. Membership is also open to employees living in California whose company primarily offers direct services to a school district in California, or college students enrolled in eligible education programs with a student teaching requirement. 

Unlike all other credit unions on this list, Alliant Credit Union lets anyone join and take advantage of its IRA CDs. Alliant offers a wide range of CD terms, any of which can be opened as an IRA CD. Yields range from above average to competitive. One caveat is that you must already have an IRA account with Alliant before you can open an IRA CD.

You can qualify for membership through your location near its headquarters, affiliation with one of the businesses and organizations that partners with Alliant or become a member of the Alliant Credit Union Foundation by making a $5 donation, which Alliant will actually make on your behalf.

Navy Federal Credit Union has more than 15 million members and a global network of more than 300 branches. Navy Federal offers a solid range of IRA CD terms between three months and seven years, most of which come with high rates.

In addition to CDs, Navy Federal Credit Union also offers checking and savings accounts, loans and credit cards. Navy Federal Credit Union membership is available to active duty and veteran military personnel, their immediate family members and Department of Defense personnel.