Quontic Bank Pros: · 4.45% 60-month APY · 4.00% 12-month APY · $500 minimum opening deposit Cons: · Online-only bank

First Internet Bank Pros: · 4.39% 60-month APY · 4.59% 12-month APY Cons: · $1,000 minimum balance · Online-only bank

Bread Saving Pros: · 3.65% 60-month APY · 2.00% 12-month APY Cons: · $1,500 minimum balance · Online-only bank

Synchrony Bank Pros: · No minimum balance · 4.30% 12-month APY · 15-day Best Rate Guarantee Cons: · Low APYs on short-term CD · Online-only bank

Ally Bank Pros: · 4.00% 12-month APY · Options for rate increase and no early withdrawal penaltie · High Yield CD and Raise Your Rate CD available as an IRA Cons: · Some rates not as good as leaders in the category · Online-only bank · Must withdraw within 10 days after maturity to avoid autorenewal

TIAA Bank Pros: · Good rates on short-term CD · 3.45% 60-month APY · 4.15% 12-month APY Cons: · $1,000 minimum opening deposit · Online-only bank

Marcus by Goldman Sach Pros: · 10-day best rate guarantee · 4.15% 12-month APY · Lower minimum opening deposit than many CDs require Cons: · Online-only bank

Discover Bank Pros: · 4.25% APY on terms of 60-month or more · 4.00% 12-month APY Cons: · $2,500 minimum balance · Online-only bank

TAB Bank Pros: · 4.00% 60-month APY · 4.00% 12-month APY Cons: · $1,000 minimum balance · Online-only bank

Sallie Mae Bank Pros: · 4.25% 12-month APY · Good choice of term Cons: · $2,500 minimum deposit · Online-only bank

Capital One Pros: · 4.40% 60-month APY · 4.15% 12-month APY · Physical bank location Cons: · Not as many locations as some other banks on this list

IncredibleBank Pros: · Option to open CD in trust or IRA Cons: · Low rate