U.S. Bank Certificate of Deposit Rates

U.S. Bank, headquartered in Minneapolis, Minnesota, is advertising three promotional certificates of deposit, a "Step Up" certificate of deposit and a "Trade Up" certificate of deposit. The Step Up and Trade Up CDs both allow you to take advantage of rising interest rates during the term of the CD.

In addition to those certificates of deposit, the bank also offers regular certificates of deposit and IRA certificates of deposit. Their CD rates are not the best CD rates at banks around but the rates are competitive.




The bank's Step Up certificate of deposit has a term of 28 months and the CD interest rate automatically increases at 7 months, 14 months and 21 months. The Trade Up certificate of deposit has a term of 60 months and gives you a chance to trade up to a better rate once during the original term.

The three promotional CD rates aren't the best CD rates available right now but they do beat the national averages. Here are the bank's promotional CD rates and annual percentage yields.

Promotional CD Rates & APY

• 27 month CD 1.98% Rate 2.00% APY


• 42 month CD 2.23% Rate 2.25% APY


• 50 month CD 3.10% Rate 3.15% APY

The promotional certificates of deposit have a minimum opening balance of $1,000. For current CD rates visit: usbank.com.