Saving Deserves Rewarding
We've raised our interest rates on all personal savings accounts to some of the highest in the industry. It's just a little way we say kudos for being great savers.
personal savings options / frost certificate of deposit
Frost Certificate of Deposit Account
A Frost Certificate of Deposit, or CD, is a time account that pays a certain interest rate on a specific date in the future, called the maturity date. The longer you keep funds in a CD, the more likely you are to see a higher return at maturity.
Ready to open a CD? The team at your nearest Frost Financial Center will be glad to help.
Find a LocationA safe, reliable way 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 receive a fixed amount of interest in return. Frost CDs:
- are backed by the security of Frost and FDIC insured up to $250,000 per depositor
- are viewable online and through Frost Mobile Banking (if you have a Frost checking account)
- may be used to waive monthly service charges for a Frost consumer checking account
- may be used for Traditional and Roth IRAs
Higher rates worth your interest
With a Frost Personal CD, you can invest a fixed amount of money for a defined time and rate. And with higher interest rates across the board than the big banks, you get to enjoy a higher return.
| Frost
Annual Percentage Yield (APY)
|
Bank of America
Annual Percentage Yield (APY)
|
Chase
Annual Percentage Yield (APY)
|
Wells Fargo
Annual Percentage Yield (APY)
|
|
|---|---|---|---|---|
| $100,000 and over | ||||
|
0.05%
14 Day
|
0.03%
14 Day
|
0.02%
14 Day
|
not offered
14 Day
|
|
|
0.10%
30 Day
|
0.03%
30 Day
|
0.02%
30 Day
|
not offered
30 Day
|
|
|
0.20%
60 Day
|
0.03%
60 Day
|
0.02%
60 Day
|
not offered
60 Day
|
|
|
4.05%
90 Day
|
0.03%
90 Day
|
4.00%
90 Day
|
1.02%
90 Day
|
|
|
3.55%
180 Day
|
0.03%
180 Day
|
0.05%
180 Day
|
1.51%
180 Day
|
|
|
3.80%
12 Month
|
0.03%
12 Month
|
3.75%
12 Month
|
2.01%
12 Month
|
|
|
3.05%
24 Month
|
0.03%
24 Month
|
2.00%
24 Month
|
2.01%
24 Month
|
|
| $1,000 to $99,999.99 |
3.55%
90 Day
|
0.03%
90 Day
|
3.50%
90 Day
|
0.51%
90 Day
|
|
3.20%
180 Day
|
0.03%
180 Day
|
0.05%
180 Day
|
1.02%
180 Day
|
|
|
3.35%
12 Month
|
0.03%
12 Month
|
3.25%
12 Month
|
1.51%
12 Month
|
|
|
2.70%
24 Month
|
0.03%
24 Month
|
2.00%
24 Month
|
1.51%
24 Month
|
Data for Frost Bank provided by Frost Bank
Frost Annual Percentage Yield effective as of 01/26/2023. 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 01/25/2023
CD account additional features
- The account will automatically renew at maturity
- You will have 10 calendar days from the maturity date to withdraw your funds without being charged a penalty
- Account details are viewable online and through the Frost App or Frost Online Banking (if you have a Frost checking account)
- The balance in this account may be used to waive monthly service charges for a Frost Personal Account, Frost Plus Account or Frost Premium Account
- Interest typically paid at maturity
- Early Withdrawal Penalty: If you withdraw any funds prior to the maturity date, you may pay a penalty.
Enjoy higher interest with Frost
We’ve raised our interest rates to some of the highest in the industry. It’s just a little way we say kudos for being great savers.
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Here are a few ways to put your
Frost CD Account to good use.
When you’re saving with a CD, you’ll set the timeline when you open the account and won’t want to touch it until it’s matured. So it’s a great way to save for things like:
Preparing for the golden years
Supporting your kid’s education goals
Making progress on a 5-year plan
