Keeping an accessible cash reserve for emergencies or sudden financial opportunities is a wise tactic. Ameriprise Financial offers a range of fixed-term products that may be able to help you earn more on the money you save, with generally higher interest rates than a regular checking or savings account would pay.
Competitive rates and a low minimum opening deposit
Make your assets work harder for you by locking in a competitive rate with our CDs. Choose from 6 different maturities to fit your goals and consider "laddering" CDs (selecting a variety of maturity dates and rolling over funds) to potentially increase your return.
Our CDs require a low minimum opening deposit of just $2,500, and all accounts are FDIC-insured, making them a valuable part of a well-balanced cash management strategy.
Make the most of your money with banking solutions from Ameriprise Financial.
Yields and rates1
| Maturity | Interest Rate | Annual Percentage Yield (APY)2 |
|---|---|---|
| 3 months | 0.60% | 0.60% |
| 6 months | 0.80% | 0.80% |
| 12 months | 1.14% | 1.15% |
| 2 years | 1.54% | 1.55% |
| 3 years | 2.08% | 2.10% |
| 5 years | 2.96% | 3.00% |
Account features
| Phone Banking | Free unlimited information access |
|---|---|
| Internet Banking | Free unlimited information access |
| Minimum Opening Balance | $2,500; Maximum deposit of $500,000 per depositor. |
| Fees | No monthly or annual fees3 |
| FDIC Insured | Yes, up to $250,000 per depositor4 |
| Click to apply |
These products are not available to business customers.
1 Please Note: For online CD applications, the interest rate/APY on the date your application is received is your effective rate, provided that you fund your CD within 10 days after we receive your application. If you fund your CD within 10 days and the interest rate/APY changes between the time your application is received and the time you fund your CD, you will receive the higher rate. If funding is received more than 10 days after your online application is received, current CD rates will apply.
2 APY = Annual Percentage Yield. CDs over $99,999.99 have different Annual Percentage Yields. To inquire about Jumbo CDs, please contact Customer Service at 1-888-356-1006.
3 We may impose penalties for early withdrawal of funds. Penalties or fees may reduce earnings.
4 FDIC deposit insurance has been temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013. Funds held in an identified FDIC insurable capacity will be FDIC insured up to a maximum of $250,000 at a single bank, and any amount deposited above $250,000 will not be covered by FDIC deposit insurance.
Lock in a competitive rate for your cash with Certificates of Deposit from Ameriprise Financial.
Apply NowAmeriprise Bank, FSB, Member FDIC, is an Equal Housing Lender. Ameriprise Bank provides certain deposit, lending and personal trust products and services to Ameriprise Financial Services, Inc. Ameriprise Bank and Ameriprise Financial Services are subsidiaries of Ameriprise Financial, Inc. Ameriprise financial advisors may receive compensation for offering bank products.