Certificate of Deposit (CD)
A CD is an account that can offer a higher interest rate than a regular savings account. At Nationwide, you’ll find competitive CD interest rates and flexible terms, from 3 months up to 5 years.
Current CD interest rates
Below is a table of certificate of deposit (CD) rates offered by Nationwide.
The APY assumes interest remains on the deposit until maturity; a withdrawal will reduce earnings. Early withdrawal fees may apply.
Experience the difference when you save at Nationwide
At Nationwide, we value you as a member and make the advantages clear to you.
- Just a $500 minimum required to open a CD.
- Easily set up your CD as part of a CD laddering strategy during our online application process.
- Enjoy convenient online banking and free access to our personal finance management tool.
- Free mobile banking app for 24/7 monitoring of your account.
- We keep your account safe with a layered security protocol.
- FDIC insurance. Each depositor is insured to at least $250,000.
- See all fees associated with this account and how to avoid them here.
Start your application for a CD. You can open other accounts at the same time!
Information you’ll need to have on hand.
Already an existing customer or simply looking for smart ways to manage your CD?
Why choose a certificate of deposit account?
A certificate of deposit (CD) is an FDIC-insured interest-bearing account that is typically associated with longer-term savings. A bank CD gives you the flexibility of choosing how long you’d like to commit to saving, anywhere from 3 months to 60 months. At the end of this term, the CD matures, meaning you get your initial deposit plus the interest you have accrued. This makes a Nationwide CD a great alternative to a traditional savings account when you are looking for higher yields and may not need access to your funds for a while.
Nationwide Mutual Insurance Company, Nationwide Mutual Fire Insurance Company, Nationwide Life Insurance Company, Nationwide Life and Annuity Insurance Company and Nationwide Investment Services Corporation are affiliates of Nationwide Bank. The insurance products and services offered through these affiliates of Nationwide Bank are not insured by the FDIC or any federal government agency, nor are they guaranteed by, deposits of or obligations of Nationwide Bank. The products and services offered through Nationwide Investment Services Corporation are subject to investment risk, including possible loss of value.
Programs (including, without limit, fees, rates and features) are subject to change without notice.
Nationwide, the Nationwide N and Eagle, Nationwide is on your side and Nationwide Bank are service marks of Nationwide Mutual Insurance Company. ©2017
Nationwide Bank, Member FDIC, is a federally chartered savings bank. Loans, lines of credit and credit cards are not insured by the FDIC. Nationwide Bank is an Equal Housing Lender.