Offices & ATMs 
We can call you 
1. Open Online
2. Fund Your New Account
3. Verify Your Identity
4. Start Saving!
If you’re looking for a safe and FDIC-insured account to grow your savings, look no further than a Banesco USA online CD. With guaranteed returns* and some of the highest interest rates in the nation, our CDs are the smart choice for anyone looking to save for the future.
Open your CD from wherever you are! No need to visit a branch or fill out paperwork - simply open your account online and start earning more today.
Open Now Click here to see terms and conditionsOpen a Banesco USA CD today and enjoy the peace of mind of an FDIC-insured account.
Open online today. It's easier than ever to get started.
Open Now
5.15
% APY*
9-Month CD
5.00
%
APY*
12-Month CD
5.25
%
APY*
6-Month CD
Other BaneSmart CD terms available:
4.50% APY*
18 Months
0.50% APY*
24 Months
0.55% APY*
36 Months
5.00% APY*
6 Months**
5.00% APY*
13 Months***
*APY Annual Percentage Yield
**Applies to business incorporated in Puerto Rico when CD is opened at our Puerto Rico branch
***Applies to business incorporated in Puerto Rico when CD is opened at our Puerto Rico branch with a mininum deposit of $ 100,000
Use this calculator** to find out how much interest you can earn:
At the end of your 0 month term, you'll have a total of:
$ 0.00Click here to see terms and conditions
What is a CD?
A CD, a Certificate of Deposit, is a type of savings account that typically offers a higher interest rate than other savings accounts in exchange for keeping your money in the account for a set period of time, called the CD term. At the end of the term, you can withdraw your original deposit plus any interest earned, without penalty.
What is the minimum deposit required to open a Banesco USA CD?
The minimum deposit to open a CD online is $1,500. The minimum deposit to open a CD in a branch is $1,000.
How do I open a Banesco USA CD?
You can open an account online by completing the secure application form on this page. Open now
How long does it take to open a Banesco USA CD?
With our online application, you can open a CD in just a few minutes.
What are the interest rates?
Our CDs offer some of the most competitive rates in the nation. View rates
Is my account FDIC-insured?
Yes! Banesco USA is a member of the Federal Deposit Insurance Corporation (FDIC), which means your deposits are insured up to $250,000 per depositor.
Can I withdraw my money from a CD?
Yes, but there may be penalties for early withdrawals, and withdrawals will impact the amount of interest you earn. Check the terms of your account for more details.
How often will I receive interest payments?
Interest accumulates throughout the CD term and is kept in the account, so you earn the stated APY (Annual Percentage Yield.) At the end of the CD term, you have the option to withdraw your initial deposit and earned interest, or you can renew your CD at the same or different term.
How much interest will I earn?
This depends on several factors, including the length of the CD term, the amount of money you deposit and the interest rate, when you open your account.
Terms and Conditions:
*Annual Percentage Yield. APYs valid as of 12/01/2023. Rates are subject to change at any time and without notice. To earn the disclosed APY's, the account must be opened with a minimum deposit of $1,000 if opened in a branch ($100K for residents of Puerto Rico when opening a 13 month CD at our Puerto Rico branch) or a minimum deposit of $1,500 if opened online. For terms greater than 12 months, the APY cannot remain on deposit and payout is mandatory. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawals prior to maturity. Offer available to U.S. citizens or resident aliens with a valid U.S. Taxpayer Identification Number. You must be at least 18 years of age to open an account online. Qualifying opening deposit must be new money to Banesco USA. CD calculator is for illustrative and interactive purposes only and is not intended to provide financial advice. We cannot and do not guarantee calculator applicability or accuracy in regard to your individual circumstances
View More: Domestic Business Accounts