Personal Certificate of Deposit

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.

View Frost CD Account schedule of fees

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: