Step up your savings with an interest rate increase every seven months.
Saving is simple with competitive rates. Apply individually or jointly.
Step Up CD
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Rate increases
Every seven months the interest rate increases during this CD’s 28-month term. -
Transparency
Rates are locked in upon opening the CD. That way you know, up front, what your rate increases will be. -
FDIC-insured
All U.S. Bank CDs are FDIC-insured to the maximum permitted by law.
How much can you earn?
Simply choose your CD, your opening deposit and your term length. We’ll do the calculating. Annual percentage yield (APY) and interest rates effective mm/dd/yy for County, State (Change)
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Return to content, Footnote 1
$1,000 minimum opening deposit up to a maximum of $250,000.
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Return to content, Footnote 2
Offer good for the initial term only. CD is automatically renewed for the same term. The rate is determined based on the published rate for the CD, excluding CD Specials, that is closest to but not exceeding the term of the CD. Advertised rate and APY are offered at the bank’s discretion and may change daily.
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Return to content, Footnote 3
Interest rates are set at the time the CD is opened and cannot change.
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Return to content, Footnote 4
Blended Annual Percentage Yield (APY) assumes principal and interest remain on deposit for the term of the certificate. All interest payments for the APY will be made at the end of the term or annually, whichever occurs first. Penalty will be imposed for early withdrawal. Fees could reduce earning on the account.
Deposit products are offered by U.S. Bank National Association. Member FDIC.
U.S. Bank