Earn 5.20% 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 12/03/2023. The interest rate and annual percentage yield may change at any time at our discretion. Fees could reduce the earnings on the account

5.20%

Annual Percentage Yield

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 Location

Certificate of Deposit account overview

A 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)
$1,000 to $99,999.99	4.55% 90 Day	4.00% 90 Day	3.00% 90 Day	4.51% 90 Day
	4.55% 180 Day	0.03% 180 Day	4.00% 180 Day	2.51% 180 Day
	4.35% 12 Month	0.03% 12 Month	3.00% 12 Month	1.51% 12 Month
	4.05% 24 Month	0.03% 24 Month	3.00% 24 Month	1.51% 24 Month


2.35% 14 Day	0.03% 14 Day	0.02% 14 Day	not offered 14 Day
2.40% 30 Day	0.03% 30 Day	0.02% 30 Day	not offered 30 Day
2.45% 60 Day	0.03% 60 Day	0.02% 60 Day	not offered 60 Day
5.00% 90 Day	4.00% 90 Day	3.00% 90 Day	4.51% 90 Day
5.01% 180 Day	0.03% 180 Day	5.00% 180 Day	2.51% 180 Day
4.90% 12 Month	0.03% 12 Month	3.00% 12 Month	2.01% 12 Month
4.55% 24 Month	0.03% 24 Month	3.00% 24 Month	2.01% 24 Month

$500,000 and over
	5.20%* 90 Day $500,000+	not offered 90 Day $500,000+	not offered 90 Day $500,000+	not offered 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 12/03/2023. 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 11/29/2023

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.

Bank the way you want

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Our dark mode is designed to reduce eye strain in low-light environments. And it looks cool, too.

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: