This is one of the first decent savings rates I have seen come out of US Bank in a while. If you happen to be in the market for a certificate of deposit with a long maturity …say 59 months to be exact, then this may be your best bet.
Currently US Bank has a 59 month CD with an interest rate of 3.92% or 4.00% APY, the national average sits at around 3.0% APY. I’ve seen a few national banks raise the rates for their long maturity CD products lately and slim down the rates for their short term CD’s. Both Ally bank and Discover bank have made somewhat similar moves lately.
US Bank doesn’t offer any great shakes on it’s 6 month CD, 12 month CD, or 24 month CD. In fact they have a 13 month CD that is only yielding 1.00% APY which is about 40% below the national average of 1.75%.
As always, here is a magnifying glass over the fine print:
- must open a CD in person at a local US bank branch
- CD will automatically renew upon maturity without prior written notice
- Penalty for early withdrawal
- Rates subject to change without notice
- Fixed rate CD (once you’re money is locked in, the rate will remain the same until maturity)

Recent comments
8 hours 8 min ago
2 days 15 hours ago
2 days 16 hours ago
1 week 1 day ago
1 week 2 days ago
1 week 2 days ago
1 week 6 days ago
1 week 6 days ago
2 weeks 17 hours ago
2 weeks 1 day ago