A CD savings account is the smartest way to earn higher interest rates while keeping your funds safe. At SBI California, we offer some of the best CDs with competitive rates and flexible terms to help grow your savings.
A Personal Certificate of Deposit (CD) is a low-risk savings option that allows individuals to earn a fixed interest rate on their funds over a set term. Unlike traditional savings accounts, Personal CDs require you to lock in your funds for a predetermined period, providing predictable returns and steady growth.
This makes them an excellent choice for individuals looking to maximize idle cash while maintaining a secure and reliable way to save. With a range of term lengths available, you can choose a CD that aligns with your financial goals, whether you’re saving for a major purchase, an emergency fund, or long-term financial stability.
At SBI California, we offer a variety of terms and competitive interest rates.
| Term | Min. Balance to Open and Obtain APY | You Earn (APY*) |
|---|---|---|
| 1 Month | $1,000 | 0.50% |
| 3 Months | $1,000 | 4.25% |
| 6 Months | $1,000 | 4.20% |
| 9 Months | $1,000 | 4.10% |
| 12 Months | $1,000 | 4.00% |
| 18 Months | $1,000 | 3.85% |
| 24 Months | $1,000 | 3.75% |
| 36 Months | $1,000 | 3.60% |
| 48 Months | $1,000 | 3.50% |
| 60 Months | $1,000 | 3.50% |
Our certificate of deposit bank accounts offer:
When you choose SBI California for your CD bank account, you get:
Opening a CD bank account with SBI California is quick and easy:
Join SBI California today and take advantage of the highest interest CD rates available. Apply online now!
CD rates are typically fixed, meaning your interest rate remains the same throughout the term of your certificate of deposit bank account.
Yes, but withdrawing before the CD deposit term ends may result in early withdrawal penalties. It’s best to choose a term that aligns with your financial needs.
The interest rate on a CD bank account is fixed for the term you select. This means your money grows at a predictable rate without worrying about market fluctuations.
SBI California's certificate of deposit rates are among the most competitive in the market. Contact us or visit our website to check the highest interest CD rates available today.
A certificate of deposit (CD) is a fixed-term savings account that earns higher interest than a standard savings account. When you open a CD account, you agree to lock in your money for a set period in exchange for a higher rate of return.
The minimum deposit varies based on the term and rate selected. Check our website or visit a branch to find the best CDs with the right deposit requirements for you.
Any U.S. resident with a valid ID can open a CD savings account. SBI California makes it simple to start growing your savings with the best CDs available.
*APY refers to Annual Percentage Yield and assumes interest remains on deposit until maturity. APY is accurate as of 04/01/2025. Rates are fixed for the term of the CD. You must deposit and maintain a daily balance of $1,000 to obtain this APY. Interest is compounded and credited to your account quarterly. Interest begins to accrue no later than the business day we receive the credit. CD rates are subject to change at any time and are not guaranteed until CD is opened. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. For further information about terms and conditions, see the Personal Banking Schedule of Fees and Charges and Terms and Conditions of Your Account, call toll-free 1.877.707.1995, or visit a location near you.
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