U.S. Bank CD Rates (November 2026) & Calculator

U.S. Bank pays up to 3.50% APY on a 9-month CD. Pick a term to see what your deposit earns, how it compares and what breaking it early would cost.

Rates checked Nov 3, 2026FDIC cert #6548Rates for Minneapolis, MN (ZIP 55402)

Deposit Amount

$0$250K

Term

9 months3.50% APY

6 months1 year

U.S. Bank offers 3 terms. The slider stops at each one.

APY

CD Special (special) · $1,000 minimum

Value at maturity

$10,261.37

3.50% APY · 9 mo · U.S. Bank

Interest earned

$261.37

vs national average

+$157.30

FDIC 6 mo avg 1.39% (Oct 19, 2026)

Marcus pays 4.30% for 9 mo: $10,320.80, or $59.43 more.

U.S. Bank CD rates (Nov 3, 2026)

Every CD term U.S. Bank lists on its website, with what $10,000 earns over the full term. Rates are for Minneapolis, MN (ZIP 55402); U.S. Bank prices CDs by location, so check yours on its site.

U.S. Bank CD rates by term and balance
Term	Product	Minimum	APY	$10,000 earns
6 months	CD SpecialSpecial	$1,000	3.25%	$161.20
9 months	CD SpecialSpecial	$1,000	3.50%	$261.37
1 year	CD SpecialSpecial	$1,000	3.40%	$340.00

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

Source: U.S. Bank CD rates. Rates change often; confirm before you open an account.

U.S. Bank 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 8 other banks we track for the same term.

U.S. Bank CD rates compared with the FDIC national average
Term	U.S. Bank	National avg	Best other bank
6 months	3.25%	1.39%	Ally 4.00%
9 months	3.50%	1.39% (6 mo)	Marcus 4.30%
1 year	3.40%	1.76%	Ally 4.50%

U.S. Bank CD early withdrawal penalty

U.S. Bank early withdrawal penalty by term
Term	Penalty
Less than 1 month	all interest earned
1 to 2 months	30 days of interest
3 to 12 months	90 days of interest
13 to 23 months	180 days of interest
24 months or more	365 days of interest

Example: $10,000 in a 1-year CD at 3.40%, withdrawn after 6 months, has earned $168.58. The penalty is $82.45, so you would get $10,086.13.

From the CD Truth-in-Savings disclosure. The penalty is capped at the interest earned during the current term. Official disclosure (checked 2026-11-04).

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 U.S. Bank's published rule for that term.

Rates come from U.S. Bank'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 U.S. Bank'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 3, 2026 · Maintained by the Financial Calculator editorial team.

U.S. Bank CD FAQs

Quick answers about U.S. Bank CD rates and penalties.

What are U.S. Bank's CD rates today?

As of Nov 3, 2026, U.S. Bank's highest CD rate is 3.50% APY on the 9 months CD Special. The full list of terms and balance tiers is in the table above. Rates are shown for Minneapolis, MN (ZIP 55402) and can differ where you live.

How much will $10,000 earn in a U.S. Bank 9 months CD?

At 3.50% APY, $10,000 grows to $10,261.37 after 9 months, earning $261.37 in interest. Change the deposit or term in the calculator to see other amounts.

What is U.S. Bank's CD early withdrawal penalty?

Less than 1 month: all interest earned. 1 to 2 months: 30 days of interest. 3 to 12 months: 90 days of interest. 13 to 23 months: 180 days of interest. 24 months or more: 365 days of interest. The penalty is capped at the interest you have earned.

Are U.S. Bank CDs insured?

U.S. Bank National Association is FDIC-insured (FDIC certificate #6548), so deposits are covered up to $250,000 per depositor, per bank, per ownership category.

How do U.S. Bank'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. U.S. Bank pays 3.40% for 12 months. Its best rate, 3.50% for 9 months, is 2.11 points above the national average for that term.

CD rates at other banks

Top APY at each bank for a $10,000 deposit.