CDs - Certificates of Deposit

Flexibility and Competitive rates. CDs are the way to go.

Reach your savings goals with a great CD rate. Whether it's a new car, a vacation or perhaps a wedding, saving for your goals is easy thanks to CDs from BBVA Compass. A CD (Certificate of Deposit) allows you to pick the length of your savings term and a corresponding interest rate. You'll earn interest at a higher rate than traditional savings accounts - making your goals that much easier to reach.

Great rates are just the beginning.

With a CD from BBVA Compass, you'll not only enjoy a terrific rate of return on your investment, you'll also enjoy it risk-free. That's because our CDs are FDIC-insured up to applicable limits. That means you receive a guaranteed rate with no risk. Beyond our exceptional rates and FDIC Insurance, you'll also enjoy:

  • No Maintenance Fees
    Some banks charge you extra to maintain your account. Not us.
  • 24/7 Access
    Check on the status of your CDs online anytime, anywhere.
  • Total Confidence
    With BBVA Compass, you'll be investing with one of the top 20 largest U.S. commercial banks based on deposit market share.

How to get started

New to CDs and the world of investing? No problem. While putting your money out of reach (even for just a short time) may be a new concept to you, it's one of the smartest ways to invest and start having your money work for you (instead of you always working for your money). In a nutshell, a CD keeps your money safe for a short amount of time. You won't be able to spend it during this time period, but that means your money will be there when you need it. Best of all, you'll be earning interest the entire time!

Ready to enter the world of CDs? Here are a few steps to get you started:

  • Research

    Look online for articles about CDs and talk to people you trust about their investing experience. You may even want to consult a financial planner.
  • Determine Your Goals

    What do you want to save for? A vacation next summer? A house in two years? Knowing your goals will guide you to the CD that's right for you.
  • Look at Your Budget

    Before you can invest, you have to figure out how much to invest. Develop a budget of your monthly expenses and savings needs. Then choose an amount you'd be comfortable not touching for the length of the CD.
  • Pick Your Term

    While a longer-term CD may offer a higher rate, you might feel more comfortable locking in your term for 12 or 18 months.
  • Contact BBVA Compass

    Whether you apply online, in a branch or by phone, getting started with a CD takes only a few minutes.

Apply Online

Start an application for Certificates of Deposit (CDs) now.

Apply By Phone

Call 1-800-COMPASS (1-800-266-7277)

Apply in Person

Find a BBVA Compass location

Switch to BBVA Compass

Download the Consumer Switch Kit