USAA provides jumbo and super jump cd accounts however a minimum balance is required as indicated on their website/financial center. While USAA Bank offers CDs that are easy to access for members and come with a variety of terms and APY options, the bank’s CD APYs are very low compared with the best CD rates on the market. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. Write a USAA Review It only takes less than a minute! Welcome to financialadvisory.com Finder is committed to editorial independence. For example, depositing the minimum of $1,000 into a 91-day Fixed Rate CD will only earn you $1 at the end of that term. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy.

Fill out your personal, employment and citizenship information. Here are USAA’s CD rates as of Oct. 28, 2020. You also have your pick of three kinds of CDs so you can find the account with the kind of flexibility, if any, you want in a CD. Also funding, liquidity and regulation requirements may require banks to incentivize to attract deposits with higher rates compared to competitors. USAA will just need to verify the details during the application process. USAA Adjustable Rate CD offers an APY starting at 0.49% and ranging up to 0.75% (APY stands for annual percentage yield, rates may change). - You can visit one of their financial centers in the following states and locations: California, Colorado, Maryland, North Carolina, Texas, Virginia as well as West Point (Exact locations available on their website). If you are unsure, you should get independent advice before you apply for any product or commit to any plan. It was assumed that USAA compounds interest daily in order to calculate the amounts below. Passive income ideas to help you make money, Best age for Social Security retirement benefits, Privacy policy / California privacy policy. USAA 15 Year Fixed Rate Home Loan: n/a. USAA Bank earned an overall rating of 3.3 out of 5 from Bankrate. They offer some really high-earning rates. The bank does offer multiple term lengths including seven, five, four and three years along with other CD terms such as 120, 91 and even 30 days. But this compensation does not influence the information we publish, or the reviews that you see on this site. USAA CDs don’t offer any special features, such as the ability to automatically raise rates under certain conditions. You can fund your CD with a non-USAA account. The best rates are reserved for the longer-term accounts, though, starting at three years. The biggest benefit of USAA Bank CDs is the ability to open a CD account with very little money down. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. We need your consent to our privacy policy. The biggest benefit of USAA Bank CDs is the ability to open a CD account with very little money down. While we adhere to strict finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. No. So while you get to benefit from great rates and earnings, you’ll have to wait at least three years to have access to your savings. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Go to the provider’s site and follow the steps to apply. Some considerations about interest rates for USAA 1 Year CD Rates: Interest bearing accounts such as certificates of deposit (CD) differ from liquid savings or money market accounts because 1 year CDs having a fixed rate maturity period and therefore illiquid tend to provide a higher interest rate of return. Armed with a BA in Communication and a journalistic eye for detail, she navigates insurance and finance topics for Finder, so you can splash your cash smartly (and be a pro when the subject pops up at dinner parties). USAA CDs don’t offer any special features, such as the ability to automatically raise rates under certain conditions. USAA membership is available to currently serving U.S. military members and the families of members or veterans. New York, NY, 10016. If you’re not a member yet, you must meet one of these eligibility requirements: To qualify for a CD, you’ll also need to be: USAA will ask for the following info in the application: You can fund your CD with a USAA bank account or a non-USAA account that’s set up for funds transfers.