Best CD Rates in Massachusetts

The national average 12 month CD rate is currently at 0.80 percent. There are CD rates at credit unions and banks that are better than the national average CD rates. We searched our CD rates table for the best CD rates in Massachusetts.

The best 12 month CD rates in Massachusetts are from Flagstar Bank and Sallie Mae Bank. Both banks are currently offering 1 year CD rates in Massachusetts at 1.54 percent with an annual percentage yield (APY) of 1.55 percent. That rate is almost double the national average CD rate and average Massachusetts CD rate.




Discover Bank has the second best CD rate on our list of best CD rates in Massachusetts. Discover Bank is offering 12 month bank CD rates at 1.49 percent with an APY of 1.50 percent. Bank of Internet USA has the third best CD rate on our list. Bank of Internet’s current bank CD rate is 1.47 percent with an APY of 1.48 percent.

 Best CD Rates Massachusetts

• Sallie Mae 1.55% APY Min $ 1 


• Flagstar Bank 1.55% APY Min $500 


• Discover Bank 1.50% APY Min $2500 


• Bank of Internet USA 1.48% APY Min $1000 


• Giantbank.com 1.46% APY Min $2500 


• Ally Bank 1.46% APY Min $ 1 


• AIG Bank 1.41% APY Min $2500 


• Tennessee Commerce Bank 1.40% APY Min $2500 


• Nationwide Bank 1.35% APY Min $10,000 


• Pentagon Federal Credit Union 1.31% APY Min $1000 


• PenFed 1.31% APY Min $1000


• American Express Bank FSB 1.30% APY Min $ 0 


• EverBank 1.15% APY Min $1500 12 mo


• Middlesex Savings Bank 1.15% APY Min $250 


• BankDirect 1.11% APY Min $10,000 


• ING DIRECT 1.00% APY Min $ 1 


• First Internet Bank of IN 1.00% APY Min $1000 


• Citizens Union Savings Bank 1.00% APY Min $500 


• First Trade Union Bank 1.00% APY Min $500 


• Allstate Bank 0.90% APY Min $1000 


• E-LOAN.com 0.85% APY Min $10,000 


• Ameriprise Bank FSB 0.85% APY Min $10,000 


• Cape Cod Five Cents Savings Bank 0.80% APY Min $1000 


• Citibank 0.70% APY Min $10,000 


• Bank of America 0.65% APY Min $10,000 


• Sovereign Bank 0.65% APY Min $10,000 


• Capital One Direct Banking 0.50% APY Min $5000 


• HSBC Advance 0.40% APY Min $1000 


• Zions Bank 0.35% APY Min $1000 


• Chase 0.20% APY Min $10,000

Use our free CD calculator to calculate your CD investment return. Search and compare CD rates in your area at MonitorBankRates.com.