1.BTG Pactual Bank
4.50% APY
5 years
N/A
$500
BTG Pactual stands out as the top choice because it offers a competitive rate of 4.50% APY with a low minimum deposit of $500, making it accessible for many savers. Its strong reputation and established presence in the banking sector further enhance its appeal.
Pros:
- Competitive APY
- Low minimum deposit
Cons:
- Variable rates depending on market timing
2.Bread Savings
4.50% APY
5 years
N/A
$1,500
What sets Bread Savings apart is its consistent offering of a 4.50% APY on its 5-year CD, which is attractive for those looking to maximize their savings. The requirement of a $1,500 minimum deposit is reasonable given the competitive rate.
Pros:
- High APY
- Flexible terms
Cons:
- Higher minimum deposit than some competitors
3.Popular Direct
4.50% APY
5 years
N/A
$10,000
The standout feature here is Popular Direct's competitive 4.50% APY, which is appealing for those who can meet the $10,000 minimum deposit. This makes it a solid option for serious savers looking to lock in a good rate.
Pros:
- Competitive rate
- Established provider
Cons:
- High minimum deposit requirement
4.Sallie Mae Bank
4.50% APY
5 years
N/A
$2,500
Sallie Mae Bank offers a competitive 4.50% APY on its 5-year CD, making it an attractive option for savers. The minimum deposit of $2,500 is higher than some competitors, but the rate justifies the investment for many.
Pros:
- Attractive APY
- No monthly fees
Cons:
- Higher minimum deposit compared to some banks
5.Synchrony Bank
4.35% APY
5 years
N/A
$0
Synchrony Bank shines for its no minimum deposit requirement, allowing savers to start earning interest without a significant upfront investment. While its 4.35% APY is slightly lower than the top contenders, the accessibility makes it a strong choice.
Pros:
- No minimum deposit
- Competitive rate
Cons:
- Slightly lower APY than top competitors
Did you know?
Five-year certificate of deposit (CD) rates reward patience but tie up cash. Compare APY to shorter terms and only commit money you will not need before maturity.
Final Words
In conclusion, as you consider investing in a 5-year CD, top providers like BTG Pactual Bank, Ally Bank, Marcus by Goldman Sachs, and Capital One offer competitive rates ranging from 4.15% to 4.45% APY. Remember to compare not just the interest rates, but also the terms and conditions to find the best fit for your financial goals.
Frequently Asked Questions
The best 5-year CD rates in October 2026 include BTG Pactual Bank and Bread Savings, both offering a rate of 4.50% APY.
The minimum deposit required for a 5-year CD at BTG Pactual Bank is $500.
The minimum deposit required for a 5-year CD at Bread Savings is $1,500.
Some of the top providers for 5-year CDs this October include BTG Pactual Bank, Bread Savings, and Popular Direct.
A Certificate of Deposit (CD) is a type of savings account that offers a fixed interest rate for a specified term, during which the funds cannot be withdrawn without a penalty.
The interest on a 5-year CD is usually compounded and paid out at regular intervals, typically monthly or annually, depending on the bank's policies.
If you withdraw money from your 5-year CD before it matures, you may incur an early withdrawal penalty, which could significantly reduce your earnings.
Yes, 5-year CDs are generally considered a safe investment as they are often insured by the FDIC up to $250,000 per depositor, per bank.
Compare CD Rates
Summary of all rates from our cd rate pages. Click column headers to sort.
| Provider ↕ | Rate ↓ | Term ↕ | Min Deposit | |
|---|---|---|---|---|
| NASA Federal Credit Union | 4.55% APY | 12 months | $50 | Learn more |
| BTG Pactual Bank | 4.50% APY | 5 years | $500 | — |
| Popular Direct | 4.50% APY | 5 years | $10,000 | — |
| Bread Savings | 4.50% APY | 5 years | $1,500 | — |
| Sallie Mae Bank | 4.50% APY | 5 years | $2,500 | — |
| EagleBank | 4.45% APY | 1 year | $1,000 | Learn more |
| DR Bank | 4.45% APY | 1 year | $500 | Learn more |
| Quorum Federal Credit Union | 4.35% APY | 1 year | $100 | Learn more |
| Synchrony Bank | 4.35% APY | 5 years | $0 | — |
| Sallie Mae | 4.30% APY | 1 year | $2,500 | Learn more |
| Vibrant Credit Union | 4.25% APY | 6 months | $5 | Learn more |
| CFG Bank | 4.22% APY | 1 year | $500 | Learn more |
| Happen Bank | 4.20% APY | 6 months | $500 | Learn more |
| Accordia Bank | 4.20% APY | 6 months | $1,000 | Learn more |
| Marcus by Goldman Sachs | 4.10% APY | 9 months | $500 | Learn more |
