Compare $100,000 jumbo CD rates

Jumbo CDs are a safe investment alternative that usually require a minimum $100,000 deposit. But they can have high penalties if you withdraw your money early. Compare jumbo CD rates available today, and see which one is the right account for you.

How do I compare jumbo CDs?

When comparing jumbo CDs, keep the following in mind:

• Interest rates. The higher your interest rate, the more you’ll earn. And with a $100,000 deposit, even a slight difference in interest can add up to a lot of money.
• Terms. Consider carefully how long you want to have your balance locked into a savings account. You’ll get a better interest rate if you choose a longer term, which could range anywhere from one month to 10 years or more.
• Minimum deposits. Most jumbo CDs have minimum deposits of $100,000 or more. Make sure you look for an account that has a minimum deposit that aligns with your needs.
• Fees. Most jumbo CDs don’t have monthly fees, but you’ll want to look for one with reasonable early withdrawal penalties, so you’re not hit as hard if you need to withdraw funds early.

Compare the jumbo CD rates

Compare jumbo CD rates from top financial institutions. Sort the table by term or click the “Compare” box next to your favorite institutions to view rates side-by-side.

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Name	Product	1-year APY	18-month APY	2-year APY	3-year APY	5-year APY
CIT Bank Jumbo CDs				0.4%	0.4%	0.5%	A Jumbo CD for large balances of $100,000 or more with term options from 2 to 5 years earning up to 0.5% APY.	Go to site More Info	Compare	loading Fetching your data...
Financial Partners Credit Union CD		0.6%	0.6%	0.7%	0.8%	1.15%		Compare	loading Fetching your data...
CIBC CDs		0.15%	0.2%	0.25%	0.3%	0.5%	More Info	Compare	loading Fetching your data...
USAA Jumbo CD		0.07%	0.09%	0.12%	0.19%	0.37%	More Info	Compare	loading Fetching your data...
USAA Super Jumbo CD		0.07%	0.09%	0.12%	0.19%	0.37%	More Info	Compare	loading Fetching your data...
Huntington Jumbo CD		0.05%	0.05%	0.1%	0.1%	0.1%	More Info	Compare	loading Fetching your data...
Rising Bank Jumbo CDs				0.6%			More Info	Compare	loading Fetching your data...

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What are the pros and cons of a jumbo CD?

Jumbo CDs with high deposit requirements have these pros and cons:

Our top pick: CIT Bank Jumbo CDs

• Guaranteed rate of return
• Balance your overall investments
• No account opening or maintenance fees

Our top pick: CIT Bank Jumbo CDs

A Jumbo CD for large balances of {{REQUIREMENTS.MIN_DEPOSIT}} or more with term options from 2 to 5 years earning up to {{RATES.TERM_5YR}} APY.

• FDIC insured
• Balanced investments with dependable return
• Daily compounding interest to maximize your earning potential

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How does a jumbo CD work?

A jumbo CD is any certificate of deposit for $100,000 or more that grows your investment at a fixed interest rate over a specified period of time. You’ll know exactly how much you’re getting and when — but there are penalties if you withdraw your money early. Longer terms will be eligible for higher interest rates.

Bottom line

If you’re looking for a safe, guaranteed way to grow your income over a set period of time, consider a high-yield CD. But if you can’t commit to not touching your money for the full term length, you may be better off with a traditional savings account — or a combination of the two.

Frequently asked questions

• How are penalties calculated for an early withdrawal on a jumbo CD of $100,000?

  It depends on your bank. Some banks will change your CD account to a different tier and deduct the difference from your earnings. For example, if you initially chose a term of five years but need to withdraw after three, the interest rate will be changed to the lower three-year rate. Others will charge a set percentage of your interest or even principal.

  Check what penalties you could face before opening a new CD account.

• Are jumbo CD rates always higher than regular CDs?

  No. Sometimes regular CDs have higher APYs and lower opening deposits than jumbo CDs.

• Will my savings be safe in a $100,000 CD?

  Yes. As long as you’re using a federally-insured bank, deposits up to $250,000 are insured. Keep in mind that the $250,000 limit applies to the total of all of your accounts at a financial institution. For example, if you took out three separate $100,000 CDs at the same bank, you’d have $300,000 in savings, with $250,000 of it federally insured.

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