Frost Certificate of Deposit Account
A safe and reliable way for your business to build a stronger financial future, a Frost CD allows you to invest a fixed amount of money for a specific amount of time – and earn a fixed amount of interest in return.
- 14-day to 24 month terms
- No monthly service charge
- Competitive interest rates, guaranteed until maturity
- Automatically renewable at the effective rate at maturity
Ready to open a CD? The team at your nearest Frost Financial Center will be glad to help.
Find a Location
Earn 4.10% APY on 90 Day Jumbo CDs
Visit a Frost financial center for CDs of $500,000 and over, backed by the security of Frost.
*Annual Percentage Yield effective as of 07/23/2025. The interest rate and annual percentage yield may change at any time at our discretion. Fees could reduce the earnings on the account
Enjoy higher interest rates with Frost
See how we stack up against the big banks
|
FROST
Annual Percentage Yield (APY)
|
BANK OF AMERICA
Annual Percentage Yield (APY)
|
CHASE
Annual Percentage Yield (APY)
|
WELLS FARGO
Annual Percentage Yield (APY)
|
|
|---|---|---|---|---|
| $1,000 to $99,999.99 |
3.50%
90 Day
|
3.75%
90 Day
|
1.25%
90 Day
|
1.51%
90 Day
|
|
3.05%
180 Day
|
0.03%
180 Day
|
1.00%
180 Day
|
1.51%
180 Day
|
|
|
2.70%
12 Month
|
0.03%
12 Month
|
2.00%
12 Month
|
2.01%
12 Month
|
|
|
2.40%
24 Month
|
0.03%
24 Month
|
2.00%
24 Month
|
2.27%
24 Month
|
|
| $100,000 and over |
1.70%
14 Day
|
0.03%
14 Day
|
unavailable
14 Day
|
not offered
14 Day
|
|
1.80%
30 Day
|
0.03%
30 Day
|
0.02%
30 Day
|
not offered
30 Day
|
|
|
1.85%
60 Day
|
0.03%
60 Day
|
1.25%
60 Day
|
not offered
60 Day
|
|
|
3.95%
90 Day
|
3.75%
90 Day
|
1.25%
90 Day
|
1.51%
90 Day
|
|
|
3.55%
180 Day
|
0.03%
180 Day
|
180 Day
|
1.51%
180 Day
|
|
|
3.15%
12 Month
|
0.03%
12 Month
|
2.00%
12 Month
|
2.01%
12 Month
|
|
|
2.90%
24 Month
|
0.03%
24 Month
|
2.00%
24 Month
|
2.76%
24 Month
|
|
| $500,000 and over |
4.10%*
90 Day
$500,000+ |
3.75%
90 Day
$500,000+ |
1.25%
90 Day
$500,000+ |
1.51%
90 Day
$500,000+ |
*This rate is available to new CDs opened during the promotion. CDs opened prior to 5/1/2023 that are up for renewal during the promotion period are not eligible to receive this special rate.
Data for Frost Bank provided by Frost Bank
Frost Annual Percentage Yield effective as of 07/23/2025. Fees could reduce the earnings on the account. Penalty may be imposed for early withdrawal.
Data for Bank of America, Chase, and Wells Fargo provided by:
Information effective 07/16/2025
Business CD account additional features
- Competitive interest rates, guaranteed until maturity
- Any withdrawals prior to maturity date are subject to early withdrawal penalty
- Withdraw your funds within 10 calendar days from the maturity date to avoid being charged a penalty
Opening your account
To open a Frost Certificate of Deposit Account, call (800) 513-7678 or stop by your local Frost financial center and bring:
-
Tax ID number or SSN if sole proprietorship
Company’s Tax ID number (or Social Security Number if Sole Proprietorship) -
Business entity documents
Certificate of Formation, Certificate of Filing, Company Operating Agreement -
Government-issued photo ID
This can be a driver’s license, state ID or U.S. military ID for each account signer -
Business information
Business physical address -
Minimum opening deposit
You’ll need to make an initial deposit of $1,000 or more
You may also need to bring state certificate filings and entity minutes authorizing signers.
Documentation may vary depending on your type of business.
Experience the Frost difference
At our core, we’re just people helping people. We’re passionate about supporting your financial goals, keeping your money accessible and offering help when you need it.
