Frost Certificate of Deposit Account

Set money aside for a fixed time and feel confident about a fixed rate of return.

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. Plus, 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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Enjoy higher interest rates with Frost.

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
1.10%
90 Day
0.03%
90 Day
0.02%
90 Day
0.02%
90 Day
2.00%
180 Day
0.03%
180 Day
0.05%
180 Day
0.02%
180 Day
2.35%
12 Month
0.03%
12 Month
2.02%
12 Month
0.02%
12 Month
2.45%
24 Month
0.03%
24 Month
2.02%
24 Month
0.02%
24 Month
$1,000 to $99,999.99
0.90%
90 Day
0.03%
90 Day
0.02%
90 Day
0.02%
90 Day
1.75%
180 Day
0.03%
180 Day
0.05%
180 Day
0.02%
180 Day
2.00%
12 Month
0.03%
12 Month
2.02%
12 Month
0.02%
12 Month
2.10%
24 Month
0.03%
24 Month
2.02%
24 Month
0.02%
24 Month

Data for Frost Bank provided by Frost Bank
Frost Annual Percentage Yield effective as of 10/01/2022. 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 09/28/2022


Certificate of Deposit Account Details

Account 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.


Here are a few ways to put your CD 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:

car icon

Preparing for the golden years

vacation icon

Supporting your kid’s education goals

diamond ring icon

Making progress on a 5-year plan

Ready to open a CD?

The team at your nearest Frost Financial Center will be glad to help.

FIND A LOCATION

Still not sure which is the best account for you?

We’ve put some key details into an easy-to-use chart.

Compare all savings accounts


We're here to guide you

If you’d like to talk through the options, a Frost Banker is just a phone call away.

Call us at
(866) 376-7889

Or stop in to your nearest
Frost Financial Center