Best jumbo CDs: Rates, terms and minimum deposits
Jumbo CDs are designed for savers with larger balances, but the minimum deposit varies by institution. For example, some banks start their jumbo tiers at $75,000 while others require $100,000 or more. Membership requirements can also apply at some credit unions, and federal deposit insurance limits are important to consider when you’re putting a large amount of money into one account.
That said, a large CD deposit doesn’t automatically mean you’ll earn a higher interest rate. In fact, some banks and credit unions offer the same or even better rates on their standard CDs than they do on jumbo CDs.
In this guide, we’ll compare jumbo CD rates, terms, minimum deposits and early withdrawal penalties to help you determine whether a jumbo CD makes sense for your savings. We’ll also look at how jumbo rates compare with standard CD rates at the same institutions.
Best jumbo CDs to compare now
If you have $75,000, $100,000 or more to put into a CD, these jumbo certificates are worth comparing. To create this table, we looked at APYs, terms, minimum deposits, early withdrawal penalties, membership requirements and how each jumbo rate compares with the institution’s standard CD rates.
| Institution | Best for | APY | Term | Jumbo minimum | FDIC or NCUA insurance |
|---|---|---|---|---|---|
| Consumers Credit Union | Short promotional terms | 4.30% | 7 or 13 months | $100,000 | Yes |
| Alliant Credit Union | Lower jumbo minimum | 4.15% | 12 months | $75,000 | Yes |
| Navy Federal Credit Union | Eligible military households | 4.15% | 18 or 36 months | $100,000 | Yes |
| Credit One Bank | Rate protection features | 4.50% | 18 or 24 months | $100,000 | Yes |
Rates shown are based on information available as of October 2026 and may change. Early withdrawal penalties and other account terms may apply.
Consumers Credit Union — short promotional jumbo terms
Consumers Credit Union offers jumbo certificates with a $100,000 minimum deposit. Its 7-month and 13-month jumbo certificates currently pay 4.30% APY, compared with 4.25% APY on the corresponding regular certificates.
Anyone can join Consumers Credit Union by joining the Consumers Cooperative Association. The one-time $5 association fee is reimbursed when you join the credit union, subject to the credit union’s terms.
Consumers Credit Union is federally insured by the National Credit Union Administration (NCUA), with coverage of at least $250,000 for eligible deposits. Early withdrawal penalties apply to certificates of deposit (CDs) if you need to access funds before your CD matures.
Alliant Credit Union — lower jumbo minimum
Alliant Credit Union’s jumbo share certificates start at $75,000, which gives savers a lower entry point than the $100,000 minimum required by some other jumbo CDs. Its 12-month jumbo certificate currently pays 4.15% APY, compared with 4.10% for the regular 12-month certificate.
Alliant’s other jumbo terms can also pay more than their standard counterparts, although the difference varies by term. For example, its 18-month jumbo certificate pays 3.65% APY versus 3.60% for the regular certificate.
Alliant membership is available to eligible employees of partner organizations, immediate family members or domestic partners of members and people who meet other eligibility criteria. Alliant also provides a path for others to join through the Alliant Credit Union Foundation. Its deposits are federally insured by the NCUA.
Navy Federal Credit Union — eligible military households
Navy Federal Credit Union offers a $100,000 certificate tier with a 4.15% APY on both 18-month and three-year certificates, according to rates effective October 1, 2026. The $1,000 and $20,000 tiers also offer 4.10% APY on those terms, so the jumbo tier provides a 0.05 percentage-point rate increase.
Navy Federal Credit Union membership is limited to eligible servicemembers, veterans, certain Department of Defense personnel and eligible family and household members.
Navy Federal certificates are federally insured, and early withdrawal penalties apply. Rates and terms can change, so verify the current rate before opening an account.
Credit One Bank — rate-guarantee and bump-up features
Credit One Bank requires a $100,000 minimum deposit. As of Oct. 15, 2026, its jumbo CD rates range from 4.25% APY for six months to 4.50% APY for 18- and 24-month terms.
One feature that sets Credit One apart is its 10-day rate guarantee. If the bank offers a higher rate for the same CD term within 10 calendar days of opening or renewing the account, the higher rate applies. Its Bump-Up CD also allows one rate increase during the term if the bank raises the rate for the same term.
Credit One’s jumbo CDs require $100,000 to open and earn the stated APY. Early withdrawals are subject to a penalty of 90 days of interest for terms of 12 months or less or 180 days of interest for terms from 13 to 60 months. Credit One Bank is an FDIC-insured bank.
How we chose the best jumbo CDs
For the purpose of this guide, we considered federally insured bank CDs and credit union share certificates with a clearly published high-balance or jumbo tier. To make our comparisons useful, we looked beyond the advertised APY and considered how each jumbo rate compared with the institution’s standard CD rate for a similar term.
We consider the following when evaluating certificates of deposit (CDs):
- APY and rate premium: We look at the current APY and whether the jumbo tier actually pays more than the comparable standard CD.
- Minimum deposit requirement: We consider how much you need to deposit to qualify for the jumbo rate.
- Term: We look for terms that may fit different savings goals and time frames.
- Early withdrawal penalty: We consider how much it could cost to access your money before the CD matures.
- Membership and availability: We consider whether anyone can open the account or whether membership or geographic, employment or military eligibility restrictions apply.
- Account features: We consider features such as online account opening and funding, rate guarantees, bump-up options and renewal or grace-period rules.
- Source verification: We only include products whose rates, minimum deposits and eligibility requirements can be confirmed through an original institution source.
We also document when each product’s information was checked because CD rates and account terms can change. Finally, we verify that deposits are insured through the FDIC for banks or the NCUA for federally insured credit unions.
Do jumbo CDs actually pay more than regular CDs?
A jumbo CD can offer a higher APY than a standard CD at the same institution, but the difference may be small or nonexistent depending on the term.
For example, Alliant Credit Union currently offers a 12-month jumbo certificate at 4.15% APY compared with 4.10% for its regular 12-month certificate. That’s a difference of just 0.05 percentage points. Other CD terms may have the same APY regardless of whether you meet the jumbo minimum.
It’s also worth comparing jumbo CDs with standard high-yield CDs from other banks and credit unions. A standard CD with a lower minimum deposit may offer the same or higher APY than a jumbo certificate, allowing you to earn a competitive rate without putting $75,000 or $100,000 or more into a single account.
Before choosing a jumbo CD, compare the APY, minimum deposit and account features with other available options. A jumbo tier may make sense when the higher rate or another useful feature justifies the larger deposit requirement. Otherwise, a standard CD may give you a similar return while leaving more flexibility in how you distribute your savings.
What to check before locking into a large balance with a CD
A high APY can be appealing when you’re depositing a large amount, but the rate isn’t the only thing to consider. Before opening a jumbo CD, review these details:
- Early withdrawal penalty: Find out how much you’ll pay to access your money before maturity. Some penalties are based on a certain number of days or months of interest. Also check whether the penalty could reduce your principal if you haven’t earned enough interest to cover it.
- Term length: Make sure you won’t need the money before the CD matures. A higher APY may not be worth the loss of flexibility if you have to withdraw early.
- Renewal rules: Check whether the CD automatically renews at maturity, when the institution sends a maturity notice and how long your grace period lasts. These details can affect your options if you don’t want to renew.
- Access requirements: Some credit unions require membership, and eligibility may depend on your employer, military affiliation, location or another qualifying relationship. Also check whether the CD can be opened and funded online or requires an in-branch visit or a specific funding method.
- Other savings options: If you may need access to your money without much notice, consider whether a CD ladder or high-yield savings account (HYSA) would be a better fit. You may give up some yield, but you’ll have more flexibility to access your cash.
The more money you’re putting into a CD, the more important these details become. Compare the full account terms rather than choosing based on APY alone.
How federal insurance applies to jumbo CD deposits
A jumbo CD can be federally insured, but the entire balance isn’t automatically covered just because the CD is offered by an insured institution.
CDs at FDIC-insured banks are typically covered by FDIC deposit insurance, while share certificates at federally insured credit unions are covered by NCUA share insurance. The standard coverage limit is $250,000 per depositor or member-owner, per insured institution, per ownership category, subject to applicable rules.
For example, if you have a $100,000 jumbo CD and $150,000 in other deposits in the same ownership category at the same bank, your total balance would reach the $250,000 insurance limit. Adding another account could put part of your deposits above the standard coverage limit.
If you’re depositing more than $250,000 at one institution, consider how your accounts are titled and whether you have other deposits there before opening a jumbo CD. The FDIC’s Electronic Deposit Insurance Estimator (EDIE) and NCUA’s Share Insurance Estimator can help you review your coverage based on your specific accounts and ownership categories.
Federal insurance protects eligible deposits if an insured bank or credit union fails. It does not protect you from losses caused by withdrawing a CD early or from changes in interest rates.
Frequently asked questions
How much money do you need to open a jumbo CD?
The minimum deposit for a jumbo CD varies by bank or credit union. Some institutions require $100,000 or more, while others have lower jumbo tiers. For example, Alliant Credit Union’s jumbo certificates start at $75,000, while Consumers Credit Union, Navy Federal Credit Union and Credit One Bank require $100,000 for their jumbo tiers.
Do jumbo CDs always pay higher rates than regular CDs?
No. A jumbo CD may offer a higher APY than a comparable regular CD, but the difference varies by institution and term. Some jumbo CDs pay the same rate as standard CDs, while a standard CD at another institution may offer a higher rate. Compare the jumbo APY with both the institution’s standard CD and other available high-yield CDs before choosing one.
Is a $100,000 jumbo CD fully FDIC- or NCUA-insured?
A $100,000 jumbo CD or share certificate can be fully covered by FDIC or NCUA insurance if it’s held at an insured institution and you don’t have other balances that push your total deposits in the same ownership category above the $250,000 standard coverage limit. The $250,000 limit applies per depositor or member-owner, per insured institution, per ownership category.
Can you withdraw money from a jumbo CD before maturity?
Usually, but you may have to pay an early withdrawal penalty. The amount varies by institution and CD term and can reduce some or all of the interest you’ve earned. In some cases, the penalty may also reduce your principal if you haven’t earned enough interest to cover it. Check the CD’s early withdrawal terms before opening the account, particularly if you may need the money before maturity.
