Best CD Rates in Chicago, IL (2026)

15 top-rated certificates of deposit available to Chicago, IL residents. Top APY: 4.45%. All FDIC-insured, available nationwide.

COL index

107

Openbank 12-Month CD

Openbank

4.5

4.45%

APY

FDIC insured

4.45% APY; 12-month. April 2026.

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Peak Bank 12-Month CD

Peak Bank

4.4

4.42%

APY

FDIC insured

4.42% APY; 12-month. April 2026.

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Vio Bank 12-Month CD

Vio Bank

4.4

4.38%

APY

FDIC insured

4.38% APY; 12-month. April 2026.

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Marcus 12-Month CD

Marcus by Goldman Sachs

4.5

4.35%

APY

FDIC insured

4.35% APY; 12-month. April 2026.

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CIT Bank 13-Month CD

CIT Bank

4.4

4.40%

APY

FDIC insured

4.40% APY; 13-month promo. April 2026.

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Discover 12-Month CD

Discover Bank

4.4

4.30%

APY

FDIC insured

4.30% APY; 12-month. April 2026.

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Capital One 360 12-Month CD

Capital One

4.3

4.25%

APY

FDIC insured

4.25% APY; 12-month. April 2026.

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American Express 12-Month CD

American Express National Bank

4.3

4.22%

APY

FDIC insured

4.22% APY; 12-month. April 2026.

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Bread Savings 12-Month CD

Bread Savings

4.2

4.28%

APY

FDIC insured

4.28% APY; 12-month. April 2026.

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LendingClub 12-Month CD

LendingClub Bank

4.2

4.24%

APY

FDIC insured

4.24% APY; 12-month. April 2026.

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Barclays 24-Month CD

Barclays

4.2

4.20%

APY

FDIC insured

4.20% APY; 2-year. April 2026.

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Synchrony 18-Month CD

Synchrony Bank

4.3

4.28%

APY

FDIC insured

4.28% APY; 18-month. April 2026.

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EverBank 9-Month CD

EverBank

4.2

4.18%

APY

FDIC insured

4.18% APY; 9-month. April 2026.

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Ally Bank 6-Month CD

Ally Bank

4.3

4.15%

APY

FDIC insured

4.15% APY; 6-month term. April 2026.

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FNBO 60-Month CD

FNBO

4.0

4.10%

APY

FDIC insured

4.10% APY; 5-year. April 2026.

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Frequently asked questions

What are the best CD rates in Chicago, IL?

Top CD rates available in Chicago, IL reach 4.45% APY. Online banks typically offer higher CD rates than local banks because they have lower overhead. All CDs listed are FDIC-insured.

Are CDs a good investment in Chicago, IL?

CDs are a safe, predictable investment available to Chicago, IL residents. They're best for money you won't need for the CD's term (3 months to 5 years). Interest is taxable federally and potentially at the state level. Early withdrawal penalties apply if you withdraw before maturity.

All CD rates Savings accounts in Chicago, IL Retire in Chicago CD rates in Illinois

FDIC insured up to $250K · APY as of Q1 2026 · Early withdrawal penalties may apply