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Best 4-year CD rates for October 2025

Written by
Matthew Goldberg
Edited by
Yuliya Goldshteyn
Reviewed by
Robert R. Johnson
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Rates updated between Oct. 22 and Oct. 28

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The top four-year CDs have something in common: they offer savers a higher yield than most savings accounts and money market accounts. Combine that with a guaranteed rate of return and safety (when you choose a federally insured account), and these investments are worth considering.

Current 4-year CD trends

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Bankrate Partner average
3.29% APY
National average
1.78% APY
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CD rates remain high, but are projected to move lower.
The Fed is predicted to continue cutting rates in 2025. Read more from Bankrate's experts in our CD rates forecast.
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Table of contents

Bankrate's picks for best 4-year CD rates

Note: Annual percentage yields (APYs) shown were updated between Oct. 22 and Oct. 28. Bankrate's editorial team validates this information regularly, typically biweekly. APYs may have changed since they were last updated and may vary by region for some products. Bankrate includes only FDIC banks or NCUA credit unions in its listings.

Quorum Federal Credit Union_logo

Quorum Federal Credit Union

Rating: 3.7 stars out of 5
3.7 Bankrate CD score

  • Annual percentage yield

    4.00%

  • Min. deposit to open

    $100

  • Term

    4 years

Why Quorum Federal Credit Union?

Around half of Quorum’s nine CDs earn highly competitive rates, including the four-year term. They all require a comparatively low $100 minimum opening deposit. Anyone can join Quorum Federal Credit Union, whether you’re employed by a partner company or you opt for a free membership in the American Consumer Council organization.

Marcus by Goldman Sachs_logo

Marcus by Goldman Sachs

Rating: 4.5 stars out of 5
4.5 Bankrate CD score

  • Annual percentage yield

    3.85%

  • Min. deposit to open

    $500

  • Term

    4 years

Why Marcus by Goldman Sachs?

Marcus by Goldman Sachs is an online-only bank that offers competitive rates on its standard, fixed-rate CDs. These range from six months to six years, and the bank also offers three no-penalty CDs with competitive yields and a rate-bump CD. All CDs require a $500 minimum deposit.

The Federal Savings Bank_logo

The Federal Savings Bank

Rating: 3.7 stars out of 5
3.7 Bankrate CD score

  • Annual percentage yield

    3.80%

  • Min. deposit to open

    $5,000

  • Term

    4 years

Why The Federal Savings Bank?

The Federal Savings Bank maintains just two branches, both in the Chicago area, but its CDs can be opened online. It offers six high-yield CDs with terms between one year and five years, all of which earn solid rates. You’ll need a minimum deposit of $5,000 to open a CD, though, which is on the high side. And you can only take advantage of these CD rates if you deposit money that’s new to The Federal Savings Bank.

Ally_logo

Ally

Rating: 4.6 stars out of 5
4.6 Bankrate CD score

  • Annual percentage yield

    3.75%

  • Min. deposit to open

    $0

  • Term

    4 years

Why Ally?

Many of the seven high-yield CDs available at Ally earn solid rates, including its four-year CD. And they all have no minimum deposit to open, so if you’re looking to spread your savings into a CD ladder, Ally makes it easy.

M.Y. Safra Bank_logo

M.Y. Safra Bank

Rating: 4.4 stars out of 5
4.4 Bankrate CD score

  • Annual percentage yield

    3.75%

  • Min. deposit to open

    $500

  • Term

    4 years

Why M.Y. Safra Bank?

M.Y. Safra Bank offers online CDs with competitive rates, for both longer-term CDs like the four-year CD and shorter terms like three months. The bank also has a high-yielding 13-month no-penalty CD. The standard CDs require a minimum opening deposit of $500, which is fairly low.

TAB Bank_logo

TAB Bank

Rating: 4.1 stars out of 5
4.1 Bankrate CD score

  • Annual percentage yield

    3.75%

  • Min. deposit to open

    $1,000

  • Term

    4 years

Why TAB Bank?

TAB (Transportation Alliance Bank) offers CDs in the most common six terms, from 12 months to five years, many of which earn top-notch yields. The $1,000 minimum deposit is pretty standard, too. You can choose to get your interest paid out via check or transfer, or leave it in your CD to compound.

Bread Savings_logo

Bread Savings

Rating: 3.9 stars out of 5
3.9 Bankrate CD score

  • Annual percentage yield

    3.75%

  • Min. deposit to open

    $1,500

  • Term

    4 years

Why Bread Savings?

Bread Savings, formerly Comenity Direct, is an online-only bank that offers high-yield savings products and nine terms of CDs ranging from three months to five years. All the terms, not just the four-year, earn competitive rates and require a minimum deposit of $1,500. The bank also offers IRA CDs.

Popular Direct_logo

Popular Direct

Rating: 3.5 stars out of 5
3.5 Bankrate CD score

  • Annual percentage yield

    3.70%

  • Min. deposit to open

    $10,000

  • Term

    4 years

Why Popular Direct?

Popular Direct offers CDs in eight terms ranging from three months to five years, all of which earn solid yields. But each CD requires at least $10,000 to open, making them geared toward serious savers only.

Alliant_logo

Alliant

Rating: 4.3 stars out of 5
4.3 Bankrate CD score

  • Annual percentage yield

    3.65%

  • Min. deposit to open

    $1,000

  • Term

    4 years

Why Alliant?

Alliant Credit Union offers eight terms of CDs with competitive APYs and a $1,000 minimum deposit requirement. Anyone is eligible to join Alliant Credit Union. To be a member, you have to have a savings account at the credit union first, and then you can open other accounts. The credit union also offers competitive IRA CDs.

First National Bank of America_logo

First National Bank of America

Rating: 4.1 stars out of 5
4.1 Bankrate CD score

  • Annual percentage yield

    3.65%

  • Min. deposit to open

    $1,000

  • Term

    4 years

Why First National Bank of America?

First National Bank of America maintains three branches, all in Michigan, yet anyone can open its CDs and savings account online. Its four-year CD earns a competitive yield, as do its impressive 13 other CD terms, which range from three months to 10 years. You can also open some of the banks CDs as IRA CDs. The bank’s CDs all require a minimum deposit of $1,000.

Discover Bank_logo

Discover Bank

Rating: 4.5 stars out of 5
4.5 Bankrate CD score

  • Annual percentage yield

    3.50%

  • Min. deposit to open

    $0

  • Term

    4 years

Why Discover Bank?

Discover® Bank offers a wide selection of banking products, including 12 CD terms that pretty much all offer strong APYs, not just the four-year CD. You’ll also find one of the strongest 10-year CDs here, too, if you’re willing to lock away your funds for that long.

Capital One_logo

Capital One

Rating: 4.3 stars out of 5
4.3 Bankrate CD score

  • Annual percentage yield

    3.50%

  • Min. deposit to open

    $0

  • Term

    4 years

Why Capital One?

Capital One, an online bank that also has a brick-and-mortar presence, offers competitive CDs for terms as short as six months or as long as five years. You’ll find that though its highest APY is for its one-year CD, many of its longer-term CDs, including the four-year CD, are a good bet.

American Express National_logo

American Express National

Rating: 4.5 stars out of 5
4.5 Bankrate CD score

  • Annual percentage yield

    3.35%

  • Min. deposit to open

    $0

  • Term

    4 years

Why American Express National?

American Express National Bank offers nine terms of CDs, all of which earn solid APYs, including its four-year option (though its five-year option has a slightly higher rate at the time of writing). Unlike many banks, there’s no minimum opening deposit for the CDs.

Learn more: Bankrate’s best checking accounts

What is a 4-year CD?

A four-year CD is a certificate of deposit that guarantees the same APY on your money for the duration of the 48-month term. In exchange for this guarantee, you agree to leave your funds untouched for those four years. If you want to take your money out early, you’ll likely be charged an early withdrawal penalty. 

If the aim is a higher yield, not an average, so-so return, a 4-year CD delivers predictability because of its longer term. Just be sure you can leave the money alone that long. Cashing out early typically triggers a penalty that can eat into the gains.
Bankrate logo Mark Hamrick, senior economic analyst at Bankrate

How to find the best 4-year CD rates

Start by comparing rates offered by online financial institutions and don’t settle for an average yield. The best four-year CDs pay about two times more than the national average of 1.78 percent APY, according to Bankrate’s most recent national survey of banks and thrifts on Wednesday, October 29, 2025.

APYs on CDs and other deposit accounts remain high even as the Federal Reserve has cut rates and is signaling more rate cuts will come, Mark Hamrick, Senior Economic Analyst at Bankrate points out. “There’s a lot to like about locking in that superior yield to get a predictable return on one’s money.” He advises, however, to be aware of early withdrawal penalties and to opt for a federally insured account.

Pros and cons of 4-year CDs

Pros

  • Checkmark Icon

    You’ll earn a fixed APY.

  • Checkmark Icon

    If your account is insured by the Federal Deposit Insurance Corp. (FDIC) or the National Credit Union Share Insurance Fund (NCUSIF) — and you’re within the insurance guidelines — your money will be backed by the full faith and credit of the U.S. government. This means each depositor is insured up to $250,000 per insured institution, per account category.

    • Checkmark Icon

    If APYs end up decreasing, you’d be locked in at a higher rate for the next few years.

Cons

  • If rates start increasing, the funds in a four-year CD may return less interest than you might otherwise be able to earn.

  • If you need to make an early withdrawal, you’re likely subject to a penalty.

  • A four-year CD might not keep up with inflation over time, causing your money to lose purchasing power.

4-year CD FAQs

Meet the Bankrate Experts

Matthew Goldberg
Written by
Matthew Goldberg Matthew Goldberg Arrow Right Icon
Former Senior Consumer Banking Reporter
Read more from Matthew
Matthew Goldberg is an award-winning writer who has been in financial services for more than 14 years. He uses his banking experience to help inform readers as they make important personal finance decisions.
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Credentials
  • Property (Colorado)
  • Life (Colorado)
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Expertise
  • Consumer banking
  • Savings accounts and CDs
Yuliya Goldshteyn
Edited by
Yuliya Goldshteyn
Editor, Banking
Robert R. Johnson
Reviewed by
Robert R. Johnson
Professor of finance, Creighton University

Research methodology

Bankrate researches over 100 banks and credit unions, including some of the largest financial institutions, online-only banks, regional banks and credit unions with both open and restrictive membership policies.

To find the best four-year CD rates, we regularly survey four-year CD offerings from the banks and credit unions that continually offer the most competitive rates.

The banks and credit unions on this page are selected based on their current APY for a four-year CD and minimum deposit requirements. Only banks and credit unions with broadly available CDs made the list. Learn more about how we choose the best banking products and our methodology for reviewing banks.

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