USAA Federal Savings Bank CDs Review
USAA Standard CD isn't available on Finder right now.
- 1-year APY
- 1.80%
- 36-month APY
- 1.30%
- 5-year APY
- 1.25%
Our verdict
USAA offers CDs with decent rates and a variety of terms to choose from — if you’re a service member.
USAA’s rates are solid, but they aren’t the highest you can find on the market, especially when compared to those offered by online-only banks. However, the bank makes up for that with its wide range of CD terms. It offers standard, jumbo and super jumbo CDs with terms ranging from 30 days to seven years, which are longer than what many other banks provide. Not everyone can open an account at USAA, though, since its target eligible group is current and former military members. But if you’re eligible and want to park your cash all in one bank, USAA lets you earn decent returns with a higher initial deposit. If not, you may find more competitive rates elsewhere.
Best for: Military members who want flexible CD terms at one trusted bank.
Pros
-
Wide range of CD term lengths
-
No monthly service fees
-
Trusted banking for military families
Cons
-
Membership is required to open an account
-
Rates lower than some online banks
-
High minimums for best yields
Overview of USAA CD rates
USAA Federal Savings Bank offers multiple terms for its certificates of deposit (CDs), ranging from 30 days to seven years. However, their products and services are only open to military members and their families. If you’re eligible, you can choose between a variety of CDs with APYs higher than the national average savings rate. Interest on USAA CDs accrues daily and is compounded monthly.
| CD term | APY | Minimum deposit |
|---|---|---|
91 days | 0.05% | $1,000 |
182 days | 2.25% | $1,000 |
7 months | 0.05% | $1,000 |
9 months | 2% | $1,000 |
1 year | 1.8% | $1,000 |
15 months | 1.7% | $1,000 |
18 months | 1.65% | $1,000 |
24 months | 1.4% | $1,000 |
30 months | 1.3% | $1,000 |
48 months | 1.25% | $1,000 |
60 months | 1.25% | $1,000 |
84 months | 1.25% | $1,000 |
Other types of CDs
USAA also offers Jumbo and Super Jumbo CDs, with identical rates to the standard CDs — just significantly higher minimum deposits. You’ll also get to choose between three more terms than the standard CDs: one month, four months and five months.
| CD term | APY | Jumbo minimum deposit | Super Jumbo minimum deposit |
|---|---|---|---|
1 month | 0.05% | $95,000 | $175,000 |
91 days | 0.05% | $95,000 | $175,000 |
4 months | 0.05% | $95,000 | $175,000 |
5 months | 0.05% | $95,000 | $175,000 |
182 days | 2.25% | $95,000 | $175,000 |
7 months | 0.05% | $95,000 | $175,000 |
9 months | 2% | $95,000 | $175,000 |
1 year | 1.8% | $95,000 | $175,000 |
15 months | 1.7% | $95,000 | $175,000 |
18 months | 1.65% | $95,000 | $175,000 |
24 months | 1.4% | $95,000 | $175,000 |
30 months | 1.3% | $95,000 | $175,000 |
48 months | 1.25% | $95,000 | $175,000 |
60 months | 1.25% | $95,000 | $175,000 |
84 months | 1.25% | $95,000 | $175,000 |
More about USAA’s CDs: Deposits, fees and details
| What it is | Details | How it compares |
|---|---|---|
Minimum deposit |
| Many CDs have opening deposits between $500 to $2,000. |
Term range | 1 month to 7 years | More flexible than some competitors. Many banks only offer terms up to 5 years. |
Early withdrawal penalties |
| In line with competitors. |
Grace period | 10-day grace period | Typical, as grace periods are usually 7 to 10 days. |
Cashout details and rollover details
USAA will let you know 30 days before your CD reaches its maturity date. Once your CD matures, you’ll have a 10-day grace period to take action. During that time, you can withdraw your money, adjust the term, add or remove funds or close the CD entirely. If you don’t make any changes, the CD will automatically renew for the same term at the current rate available on the maturity date.
Customer reviews and ratings
| BBB accredited | No |
|---|---|
| BBB rating | A+ |
| BBB customer reviews | 1.22 out of 5 stars, based on 1,161 customer reviews |
| Trustpilot score | 1.2 out of 5 stars, based on 3,364 customer reviews |
| Customer reviews verified as of | 30 May 2025 |
USAA has a pretty impressive A+ rating from the Better Business Bureau, which shows it takes complaints seriously and is a trustworthy business. That said, actual customer reviews on BBB and Trustpilot don’t look so great.
The most common complaints were related to poor customer service, trouble disputing charges and accounts being locked or closed unexpectedly. A few users also said they had a hard time getting help over the phone or getting fraudulent charges resolved quickly.
The feedback on Reddit is quite mixed. Some users warn others not to put their money in a USAA CD account due to its relatively low yields and poor customer service, while others say they haven’t had a problem with the bank and have made solid returns with the USAA certificates of deposit.
All in all, even though USAA has received a fair amount of criticism online, it’s worth noting that it’s a large financial institution with over 14 million members. Naturally, banks of that size will attract negative reviews due to the sheer volume of customers.
How USAA’s CDs and rates compare
USAA CDs offer a decent range of term lengths and the convenience of keeping your savings under one roof. But even though the terms are more flexible than what most banks offer, its CD rates just don’t stack up against those from high-yield online banks. You’ll need to deposit more to access the same APYs you’d get elsewhere with less effort.
So, unless you’re already a member or value the simplicity and security of banking with USAA, you’re probably better off shopping around for higher CD yields or a top-performing high-yield savings account.
Compare USAA to competitor rates
Narrow down top CDs by APY and minimum deposits to find the best one for your financial goals. You can also tick the Compare box on up to four products to see their benefits side by side.
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseWhat is the Finder Score?
The Finder Score analyzes hundreds of CDs from more than 100 institutions. It takes into account the product's interest rate for available terms and opening deposit requirements - this gives you a simple score out of 10.
Different banks and credit unions offer CDs for various lengths of time, ranging from as short as seven days to as long as 20 years. For our ratings, we consider the term lengths that the FDIC uses in its monthly updates on national rates.
If a bank or credit union doesn’t offer a CD for a specific term used by the FDIC, we don’t penalize it: Instead, we simply don’t rate it. Each of the standard term lengths has its own APY rating based on the FDIC’s average rates.
Your reviews
Katia Finder
Writer
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.
