Maximize your savings with a Banesco USA CD.
Lock in a high interest rate and watch your money grow.
5.30% APY*
3-month CD
*Annual Percentage Yield
If you’re looking for a safe and FDIC-insured account to grow your savings, look no further than a Banesco USA online CD. With guaranteed returns* and some of the highest interest rates in the nation, our CDs are the smart choice for anyone looking to save for the future.
Open your CD from wherever you are! No need to visit a branch or fill out paperwork - simply open your account online and start earning more today.
“A good choice for Florida residents who want to earn high APY on deposit accounts.”
“Banesco USA should be solidly in contention for your choice of bank.”
“Banesco USA provides a lot of the banking products and services that most people need, and it offers solid rates on savings accounts and CDs. If you’re looking for a local bank to move your business to, and you live in South Florida or Puerto Rico, Banesco USA is certainly worth a look.”
Open a Banesco USA CD today and enjoy the peace of mind of an FDIC-insured account.
Open online today. It's easier than ever to get started.
5.30
% APY*
3-meses CD
5.25% APY*
6-Month CD
5.20% APY*
9-Month CD
5.15% APY* | 12 Months
5.00% APY* | 18 Months
0.50% APY* | 24 Months
0.55% APY* | 36 Months
5.25% APY* | 6 Months**
4.75% APY* | 13 Months***
*APY Annual Percentage Yield
**Applies to residents of Puerto Rico when CD is opened in person at our Puerto Rico branch
***Applies to residents of Puerto Rico when CD is opened in person at our Puerto Rico branch with a minimum deposit of $100,000
Use this calculator to find out how much interest you can earn:
At the end of your 6 month term, you'll have a total of:
$ 1,537.77A CD, a Certificate of Deposit, is a type of savings account that typically offers a higher interest rate than other savings accounts in exchange for keeping your money in the account for a set period of time, called the CD term. At the end of the term, you can withdraw your original deposit plus any interest earned, without penalty.
The minimum deposit to open a CD online is $1,500. The minimum deposit to open a CD in a branch is $1,000.
You can open an account online by completing the secure application form on this page. Open now
With our online application, you can open a CD in just a few minutes.
Our CDs offer some of the most competitive rates in the nation. See rates in the section above.
Yes! Banesco USA is a member of the Federal Deposit Insurance Corporation (FDIC), which means your deposits are insured up to $250,000 per depositor.
Yes, but there may be penalties for early withdrawals, and withdrawals will impact the amount of interest you earn. Check the terms of your account for more details.
Interest accumulates throughout the CD term and is kept in the account, so you earn the stated APY (Annual Percentage Yield.) At the end of the CD term, you have the option to withdraw your initial deposit and earned interest, or you can renew your CD at the same or different term.
This depends on several factors, including the length of the CD term, the amount of money you deposit and the interest rate, when you open your account.
Terms and Conditions:
*Annual Percentage Yield. APYs valid as of 04/12/2024. Rates are subject to change at any time and without notice. To earn the disclosed APY's, the account must be opened with a minimum deposit of $1,000 if opened in a branch ($100K for residents of Puerto Rico when opening a 13 month CD at our Puerto Rico branch) or a minimum deposit of $1,500 if opened online. To earn stated APY’s, interest must remain in the account. For terms greater than 12 months that do not compound, interest cannot remain on deposit and an annual payout is mandatory. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawals prior to maturity. Interest is calculated based on the daily periodic rate on the CD balance and is payable on the basis of the number of days between the CD issue date and maturity date. Your daily periodic rate can be determined by dividing the APY by 365 days. Multiply the daily periodic rate by the number of days of the CD balance for determination of the interest payable on your CD. Offer available to U.S. citizens or resident aliens with a valid U.S. Taxpayer Identification Number. You must be at least 18 years of age to open an account online. Qualifying opening deposit must be new money to Banesco USA. CD calculator is for illustrative and interactive purposes only and is not intended to provide financial advice. We cannot and do not guarantee calculator applicability or accuracy in regard to your individual circumstances.
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