OceanFirst CD Rates (November 2026) & Calculator

OceanFirst pays up to 0.50% APY on a 7-year CD. Pick a term to see what your deposit earns, how it compares and what breaking it early would cost.

Rates checked Nov 5, 2026FDIC cert #28359

OceanFirst CD rates (Nov 5, 2026)

Every CD term OceanFirst lists on its website, with what $10,000 earns over the full term.

OceanFirst CD rates by term and balance
Term	Product	Minimum	APY	$10,000 earns
6 months	Certificate of Deposit	$500	0.05%	$2.50
1 year	Certificate of Deposit	$500	0.10%	$10.00
18 months	Certificate of Deposit	$500	0.15%	$22.51
3 years	Certificate of Deposit	$500	0.20%	$60.12
5 years	Certificate of Deposit	$500	0.30%	$150.90
7 years	Certificate of Deposit	$500	0.50%	$355.29

Special is a promotional rate. Relationship needs a linked account at OceanFirst. A dash means the same APY as the opening balance. The highlighted row is OceanFirst's top rate.

Source: OceanFirst CD rates. Rates change often; confirm before you open an account.

OceanFirst vs the national average

The FDIC national average is what banks and credit unions pay on average, weighted by deposits (Oct 19, 2026). The last column is the best rate among the 51 other banks we track for the same term.

OceanFirst CD rates compared with the FDIC national average
Term	OceanFirst	National avg	Best other bank
6 months	0.05%	1.39%	Popular Direct 4.35%
1 year	0.10%	1.76%	Popular Direct 4.60%
18 months	0.15%	1.76% (12 mo)	Popular Direct 4.80%
3 years	0.20%	1.39%	Popular Direct 4.85%
5 years	0.30%	1.41%	Sallie Mae 5.00%
7 years	0.50%	1.41% (60 mo)	Navy Federal 3.85%

Taxes on OceanFirst CD interest

CD interest is taxable as ordinary income, federally and in most states. You owe tax in the year the interest is credited or accrues, even if it stays in the CD until maturity. OceanFirst sends Form 1099-INT when you earn $10 or more in a year. For example, the $355.29 that $10,000 earns over 7 years at 0.50% would cost about $78 in federal tax in the 22% bracket.

If you pay an early withdrawal penalty, it appears in box 2 of your 1099-INT and you can deduct it from your income, even if you don't itemize. CDs held in an IRA follow IRA tax rules instead. See IRS Publication 550.

How We Calculate & Keep This Accurate

Maturity value is your deposit grown at the APY for the term: A = P × (1 + APY)^(months ÷ 12). The APY for each term is the highest balance tier your deposit qualifies for. Early withdrawal penalties are charged as simple interest on the deposit at the CD's interest rate (the APY converted to its daily rate), following OceanFirst's published rule for that term.

Rates come from OceanFirst's own rate page. We use the APY Ledger dataset (CC BY 4.0) to spot rate changes, and we checked a sample of rates and the penalty rules against OceanFirst's website and disclosures. Results are estimates, not an offer from the bank.

Primary Sources

Data & Freshness

Figures reflect 2026 tax-year data.

Last updated November 5, 2026 · Maintained by the Financial Calculator editorial team.

OceanFirst CD FAQs

Quick answers about OceanFirst CD rates and penalties.

What are OceanFirst's CD rates today?

As of Nov 5, 2026, OceanFirst's highest CD rate is 0.50% APY on the 7 years Certificate of Deposit. The full list of terms and balance tiers is in the table above.

How much will $10,000 earn in a 7-year OceanFirst CD?

At 0.50% APY, $10,000 grows to $10,355.29 after 7 years, earning $355.29 in interest. Change the deposit or term in the calculator to see other amounts.

Are OceanFirst CDs insured?

OceanFirst Bank, N.A. is FDIC-insured (FDIC certificate #28359), so deposits are covered up to $250,000 per depositor, per bank, per ownership category.

How do OceanFirst's rates compare with the national average?

The FDIC's national average for a 12-month CD was 1.76% as of Oct 19, 2026. OceanFirst pays 0.10% for 12 months. Its best rate, 0.50% for 7 years, is -0.91 points above the national average for that term.

Compare CD rates at other banks

Best APY at each bank for a $10,000 deposit, checked Nov 5, 2026. OceanFirst's best is 0.50%.

Green rates beat OceanFirst's best rate. “rel.” means the rate needs a linked account. Need a bank that isn't listed? Use the CD calculator with any APY.