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U.S. Bank (Member FDIC) has four types of CDs: Standard, Special, Step Up, and Trade Up.
CD Special rates are very competitive, but the other CD types have below-average rates. If you’re looking for a CD term outside of what a CD Special offers, you’re probably better off finding the best CD rates at other banks.
Here’s what you should know about U.S. Bank CD rates before opening an account.
U.S. Bank CD Rates
Except for the Standard CD, which has a
U.S. Bank Standard CD Rates
U.S. Bank CD rates are often the same from branch to branch, but they occasionally vary by region. The rates below are for San Diego, California — a city with numerous U.S. Bank locations.
|Standard CD Term||APY|
U.S. Bank CD Special Rates
Rates can vary by region, and these rates are for San Diego, California.
|CD Special Term||APY|
U.S. Bank Step Up CD Rates
Rates can vary depending on your zip code, and the following rates are for San Diego, California.
|Step Up CD Term||APY||Blended APY|
0.05% for first 7 months
0.25% for next 7 months
0.45% for next 7 months
0.65% for last 7 months
U.S. Bank Trade Up CD Rates
You have to visit a U.S. Bank branch in person to make the change. The rate change request must be for a standard term rate equal to or less than your remaining term. For example, if you have 24 months left on your term, you can request a rate change to match the rate for a 24-month Standard CD. The minimum deposit is
CD rates can vary by location. Here are the current rates for Trade Up CDs in San Diego, California.
|Trade Up CD Term||APY|
U.S. Bank CD Rates Pros and Cons
How U.S. Bank CD Rates Compare
U.S. Bank CD Rates vs. Chase CD Rates
Chase CD rates range from
While U.S. Bank offers Step Up and Trade Up CDs with added flexibility, Chase has one standard CD option. Customers must link a qualified checking account to earn the best rates — the most competitive terms vary by region, but they’re typically on terms of 12 months or less.
Chase Bank Review
U.S. Bank CDs vs. Wells Fargo CD Rates
Wells Fargo offers two CDs: the
Wells Fargo CD rates range from
Wells Fargo Bank Review
Why You Should Trust Us: How We Reviewed U.S. Bank CDs
We used Insider’s certificate of deposit methodology to review U.S. Bank CDs.
Insider reviews the bank’s mobile app, customer service, and ethics. We also look at interest rates, CD terms, early withdrawal penalties, and minimum deposits. Insider rates each category from 0 to 5, then averages the ratings to create a final score out of 5.