Certificates of Deposit (CDs) - Santander

18-Month CD
Earn more on what you save.

Types of Santander Certificates of Deposit (CDs).

15-Month CD


Annual Percentage Yield††

What is a certificate of deposit?

An easy way to save and grow your money, a certificate of deposit (CD) is an FDIC insured promissory note that has a fixed interest rate and fixed date of withdrawal, commonly known as the maturity date.†††

Advantages of a CD.

Because you agree to invest your money for the entire term, certificates of deposit generally offer higher interest rates than savings or money market savings accounts.

  • Tailor your CD timeframe.
  • Enjoy competitive rates.
  • Save for big events.

How do you choose a CD account?

Pick the CD term you want and the interest rate is guaranteed for the entire period.

  • Select from terms of 3 months to 5 years.
  • Begin with as little as $500.
  • Enjoy the flexibility of having your interest go back into your CD account, or transferring it to your checking, savings, or money market savings account if you need it.

Penalties will apply if you withdraw the money before the end of the CD term.

Respect is helping you do the math:

Customers also like:

  • Ability to waive the $25 Monthly Fee with $25,000 in combined deposits, or $4,000 in direct deposits.±±
  • Premium rates and benefits across a range of products.

Learn more...

††Minimum deposit of $500 and any personal Santander® checking account to open a Retail (non-Jumbo) CD and minimum deposit of $100,000 and any personal Santander® checking account to open a Jumbo CD and receive the annual percentage yield (APY) shown above. A penalty will be imposed for early withdrawal from a CD. APY is accurate and effective at this branch as of today and may change thereafter for new accounts. Rate is available when account is opened within the residential ZIP code entered. Rates in other locations may vary. Fees may reduce earnings on the account. Offer is subject to change at any time. Contact a banker for further information about applicable fees and terms.

†††There is a maximum of $250,000 of deposit insurance from the FDIC for each category of account ownership. Please visit fdic.gov for details.

±±Santander considers direct deposits to be automatic electronic deposits made through the ACH network to your account by someone else, such as an employer issuing payroll or a government or retirement plan paying benefits. It may not include deposits to your account that are made by an individual using online banking, an internet payment provider, or a merchant advancing payroll using a debit card.