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.
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:
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:
CD accounts subject to approval. $500 minimum opening deposit required to earn Annual Percentage Yield (APY). Substantial penalty for early withdrawal. APY current as of 1/22/2016. Rates are subject to change. $2,500,000 maximum deposit ($250,000 maximum deposit for CD accounts opened online). Fees could reduce the earnings on the account. BBVA Compass opens CD accounts that have no certificate known as Time Deposits or TDs.