Certificate of Deposit (CD)
Ready to grow your savings with a CD? Choose a term that fits your goals and lock in a competitive rate for predictable returns.
6-11 Month CD Rates
12-17 Month CD Rates
Choose a CD Term That Fits Your Goals
- Open a CD with as little as $500
- Select terms from 3 to 60 months
- Choose a maturity date that aligns with your savings timeline
Lock in a Fixed Rate With a Certificate of Deposit
A certificate of deposit gives you a fixed rate that won't change for the life of your term. You choose how long, set your opening deposit, and let your money grow.
How Does a Certificate of Deposit work?
A certificate of deposit is a savings option that pays a fixed interest rate for a set period of time, known as a term. Unlike a traditional savings account, where your rate can change, a CD lets you lock in a guaranteed rate the day you open it. That rate stays the same for the entire term — even if market rates move up or down. You always know what your certificate of deposit will earn.
When you open a CD, you choose how long to keep your money on deposit. In return, you earn a guaranteed rate that won't change during the term. At maturity, you can withdraw your funds and earned interest or renew your CD.
Why Choose a BECU Certificate of Deposit?
A certificate of deposit offers a simple way to grow your savings at a fixed rate within a fixed timeline — known as a term. If you have money you don't need right away, a certificate of deposit can help you earn more while knowing exactly what to expect.
- Higher returns than savings accounts - Because you commit your funds for a set term, you're typically rewarded with a higher rate.
- Predictable returns - Your rate is fixed for the entire term.
- Flexible Terms - Choose a term ranging from 3 to 60 months based on your savings goals.
- NCUA Insured - Deposits are federally insured up to applicable NCUA limits.
Add Funds Over Time - With the Add-To feature, you can make additional contributions while maintaining your CD's fixed rate. Plus, you can get started with as little as $100.
CD Calculator: Estimate Your Returns at Maturity
Want to see how your money could grow? Our CD calculator helps you estimate your balance at maturity. Enter your opening deposit, term, and rate to compare CD terms and rates.
Certificate of Deposit Options
- Standard CDs: A Standard BECU CD gives you a range of term options, from 3 to 60 months. Your fixed rate stays the same for the life of the term — even if market rates change. Standard CDs are a good fit when you want predictable returns and a term that matches your timeline.
- Bump CDs: If you like keeping tabs on current interest rates, a Bump CD gives you a fixed rate with the option to benefit from rising rates. Available in 12- and 24-month terms, a Bump CD lets you request a one-time increase to the current BECU published rate for the same CD term if rates go up.
Grow Your CD with Add-To Contributions
The Add-To feature lets you schedule additional contributions while keeping your CD's fixed rate. You can keep growing your balance over time. Plus, you can open an Add-To CD with as little as $100.
Secure a Higher CD Rate with Member Advantage
When you have a BECU Member Advantage Checking and Savings account, you'll also enjoy higher interest rates on your CD. Learn about BECU's Member Advantage program and see the additional benefits you can receive.
Certificate of Deposit FAQs
A certificate of deposit is a time deposit account that pays a fixed interest rate for a set period of time, called a term. In exchange for a guaranteed rate, you agree to leave your funds on deposit until the CD reaches maturity.
CD laddering is a savings strategy that involves opening multiple CDs with different maturity dates. As each CD matures, you can access your funds or reinvest them into a new CD while maintaining regular opportunities to take advantage of current CD rates.
Learn how to use certificates of deposits to boost your savings.
A traditional savings account lets you access your money at any time. A CD locks in both your rate and term. This can provide higher earnings in exchange for keeping your funds on deposit until maturity. However, withdrawing early may result in a penalty.
A money market account typically offers greater access to your funds while earning interest. A certificate of deposit (CD) locks in a fixed rate for a set term, which may provide higher earnings in exchange for keeping your funds on deposit until maturity.
Yes, but early withdrawals may be subject to an early withdrawal penalty. Review the account terms before opening a CD so you understand any penalties that may apply.
Open a Certificate of Deposit Today
If you're looking to grow your savings, a certificate of deposit can provide predictable earnings and peace of mind. Compare CD options, choose a term that fits your goals, join BECU and open a CD online to start saving with confidence.
Contact Us for Questions About BECU CDs
Looking to Open a Business CD Instead?
Visit the Business CD page to learn about CD rates and options available to business owners.