Frost Certificate of Deposit Account

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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.

Start saving today


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:

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Preparing for the golden years

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Supporting your kid’s education goals

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Making progress on a 5-year plan

Certificate of Deposit Account Details

Interest Rates Comparison for $1,000-$99,999.99

Annual Percentage Yield
90 Days
0.28%
180 Days
0.60%
12 Months
1.05%
24 Months
1.30%

Interest Rates Comparison for $100,000 and over

Annual Percentage Yield (APY)
14 Days
0.05%
30 Days
0.10%
60 Days
0.20%
90 Days
0.35%
180 Days
0.75%
12 Months
1.30%
24 Months
1.60%

Frost Annual Percentage Yield effective as of 05/26/2022. Fees could reduce the earnings on the account.

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.

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