The Best Jumbo CD Rates to Lock In Now
These CDs can help you earn up to 4.80%, with access to your cash within a year on average.
Looking for places to store your cash to beat stubborn inflation? With the latest CPI report showing prices rose 3.70% year over year, finding savings accounts that outpace inflation remains a priority.
The Federal Reserve held interest rates steady at its October meeting, but another rate hike could be on the table in December if inflation remains elevated. For savers, that means there's still an opportunity to lock in competitive yields.
Jumbo CDs are one option worth considering, with some accounts offering yields as high as 4.85% APY. While you'll need a larger deposit to qualify, you can earn thousands of dollars in interest over a relatively short period, often just 12 to 13 months. I'll explain how a jumbo CD works, the best options available and how much you can earn.
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Top-earning jumbo CD rates for November 2026
Here are some of the top-earning jumbo CD accounts available for a range of term lengths:
Account |
APY |
Min. Deposit |
Term |
4.85% |
$100,000 |
13 months |
|
4.45% |
$50,000 |
12 months |
|
4.10% |
$100,000 |
12 months |
What is a jumbo CD?
A jumbo CD account is practically the same as a regular CD account, with one main difference — jumbo CD accounts require a higher minimum deposit to open.
Typically, most banks require a deposit of $100,000; however, this amount varies from bank to bank. You'll also have shorter maturity dates, ranging from six months to one year, although some banks offer longer terms.
Why I like jumbo CDs
There are a few reasons why I suggest savers consider a jumbo CD:
- Shorter maturity terms: Jumbo CDs don't always require you to tie up your money for years at a time. That means you'll have the flexibility of pivoting to other investments if inflation goes higher.
- A safe investment: Your account should be FDIC or NCUA insured, so your money stays safe even if your bank or credit union fails. The FDIC protects up to $250,000 in individual deposit accounts, and the NCUA protects up to $250,000 per credit union member.
- Higher rates: Jumbo CDs offer some of the best rates among CDs and savings accounts. This means that with the higher deposit requirements, you can earn more money quickly.
Use the Bankrate tool below, to compare today's top CD offers:
Key considerations with a jumbo CD
A jumbo CD works like other CDs in that you must pledge to keep your money in it until its maturity date. If you decide to break it open early, you'll lose months of earned interest, which could result in you losing hundreds to thousands of dollars.
Another thing to keep in mind is that many banks auto-renew CDs. That means you should set a reminder on your phone's calendar a week before maturity to explore options.
The good news is you can always let the CD auto-renew. There's growing momentum for the Fed to raise rates to slow inflation's growth, and when this happens, savings rates often rise.
How much can I earn with one?
One of the benefits of a jumbo CD is that while it requires a large deposit, you're also earning more in a short window.
If you have $100,000 you're earmarking for a short-term project, like a significant home improvement, here's how much you can earn with some top accounts:
- CreditOne Bank: $5,250.25 in earned interest for 13 months
- Finworth: $4,450 for one year
Jumbo CDs are an excellent option for risk-averse savers. You'll earn a guaranteed rate of return and have quick liquidity. This helps because you can earn higher rates now, and if the Federal Reserve raises rates again, you'll be ready to capitalize.
Banks charge penalties for closing your CD before the maturity date. Only buy a jumbo CD if you're confident you won't need the money before the term expires.
Not sure how much money to put into a CD? A financial adviser can help you balance higher guaranteed returns with your short-term cash needs and longer-term financial goals.
Use the Bankrate tool below to connect with a vetted financial professional:
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