Earn up to 5.10% APY

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Fidelity CD

Annual Percentage Yield (APY)

4.25% to 5.10%

Minimum Deposit Amount

$100

• Check mark icon A check mark. It indicates a confirmation of your intended interaction. High interest rates
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. $100 minimum deposit
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Standard term options

• con icon Two crossed lines that form an 'X'. Interest does not compound

Fidelity CDs may be a good option if you’re looking for brokered CDs with high interest rates. Some of Fidelity’s CD rates rival the highest CD rates on the market — though like any brokered CD, they do not compound interest.

• Brokered CDs
• Terms range from 3 months to 20 years
• No early withdrawal penalties, but if you need funds before your CD matures, Fidelity will sell the CD at the current market rate; the amount of accrued interest for a CD may vary
• CD funds are FDIC-insured

Fidelity is an investment, retirement planning, and financial advisory firm with locations around the U.S. It offers a wide range of financial products, including CDs.

Fidelity offers brokered CDs, meaning the company purchases its CDs from other financial institutions and resells them to the customer. This allows consumers to open CDs with several banks at once — all with one point of contact through Fidelity.

Brokered CDs typically have higher interest rates than traditional CDs do, though interest doesn't compound as it usually does with regular CDs. Brokered CDs also don't charge early withdrawal penalties, and you can sell your CD any time if you need cash before it matures.

If you're considering buying CDs to boost your savings, Fidelity CDs may be a smart option. Here's what to know about Fidelity CD rates before making your decision.

Fidelity CD Rates

Note: Fidelity CD rates change frequently. We check rates every Monday to keep the rates in this article up to date.

Fidelity CD rates are significantly higher than the average CD rates, and some even rival or beat the highest CD rates on the market.

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Fidelity's CD terms range from three months to twenty years and pay 4.25% to 5.10% APY (Annual Percentage Yield). Here's a look at how Fidelity CD rates break down by term:

Keep in mind that to open a CD with Fidelity, you'll need a brokerage account or retirement account with the company first. This is where your CDs will be held and your interest deposited upon maturity. You can also select an "auto-roll" option that lets you roll your money — plus the interest you earned on it — into a new brokered CD once an old one matures.

Fidelity CD Rates Pros and Cons

Fidelity CD Rates FAQs

Yes, Fidelity CDs are legitimate certificates of deposit. They allow you to earn a preestablished interest rate on a single deposit if held to maturity — anywhere from three months to twenty years.

Fidelity CDs currently pay 4.25% to 5.10% APY, much more than national average CD rates. Some Fidelity CD rates are equal to or higher than the best traditional CD rates on the market. Just keep in mind that Fidelity CDs do not compound interest.

Fidelity is a good choice for CDs, as its interest rates are much higher than the national average. Fidelity CDs are not a good choice if compounding interest is important to your savings strategy, though, as these are brokered CDs that offer only simple interest.

Fidelity CDs are insured by the FDIC. All Fidelity CDs are bought through FDIC-insured banking institutions, so consumers are protected on up to $250,000 in deposits at each individual bank. 

It is safe to buy CDs from Fidelity. Fidelity is a nationwide financial services company, and all of its brokered CDs are secured through FDIC-insured banking institutions.

How Fidelity CD Rates Compare

Fidelity CD Rates vs. Synchrony Bank CD Rates

Synchrony Bank CD rates are 2.25% to 5.50% APY, which aren't as high as Fidelity rates — though they're traditional CDs, so interest compounds daily. Synchrony also offers more CD options than Fidelity. While there are no brokered CDs, there are bump-up CDs and no-penalty CDs, and terms range from three months to five years. Both Fidelity and Synchrony Bank CD rates are higher than national averages.

Synchrony Bank Review

Fidelity CD Rates vs. Capital One 360 CD Rates

Capital One 360 CD rates are high overall, but they're not quite as high as those offered by Fidelity. Capital One 360 CD rates are 4.10% to 5.25% APY. Capital One 360 CDs are traditional CDs with interest that compounds monthly.

Capital One 360 Review

The bottom line: Fidelity CDs may be a good option if you're looking for brokered CDs with high interest rates. Some of Fidelity's CD rates rival the best CD rates on the market — though like any brokered CD, they do not compound interest.

Why You Should Trust Us: How We Reviewed Fidelity CDs

To review Fidelity CDs, we used Personal Finance Insider's certificate of deposit methodology. Our methodology considers interest rates, minimum deposit requirements, CD term variety, the company's overall ethics, mobile app quality, and customer service. We assign each category a rating on a scale of one to five, then average the scores together to reach an overall CD rating.

Note: We typically consider early withdrawal penalties, but we omitted this category when reviewing Fidelity CDs. As a general rule, brokered CDs do not carry early withdrawal penalties.

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