Truist Bank offers CD rates from 0.05% to 4.00% APY with terms from 7 days to 5 years

Truist Bank offers CD rates ranging from 0.05% to 4.00% APY, with terms from 7 days to 5 years. The highest rates are available on a 5-month CD. Rates may vary by location, and Truist does not provide specialty CDs. Compared to other banks, Truist's rates are generally lower. While it has some competitive CD specials, online banks often offer better rates without location restrictions. Truist requires a minimum deposit of $2,500 for shorter terms and has standard early withdrawal penalties. Truist's CDs are FDIC-insured, ensuring deposits up to $250,000 are protected. Customers can open a CD without an existing Truist account, but must visit a branch or schedule an appointment to do so.