Best 9-month CD rates for August 2025

Written by

Matthew Goldberg

Edited by

Marc Wojno, MBA

Reviewed by

Robert R. Johnson

Expert verified

Rates updated between July 30 and Aug. 5

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If you struggle to keep your hands off your savings, a nine-month CD could be a good solution for you. As with other CDs, there’s an early withdrawal penalty, which may be reason enough to keep from touching your deposits before the maturity date.

With a nine-month CD, you’ll avoid tying up your funds for an extended period of time and you may even earn a higher rate of return than you would through many savings accounts and some CDs with a shorter term.

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Table of contents

Bankrate’s picks for top 9-month CD rates
What is a 9-month CD?
How to find the best 9-month CD rates
9-month CD FAQs
Research methodology

Bankrate’s picks for top 9-month CD rates

Note: Annual percentage yields (APYs) shown were updated between July 30 and Aug. 5. Bankrate's editorial team validates this information regularly, typically biweekly. APYs may have changed since they were last updated and may vary by region for some products. Bankrate includes only FDIC banks or NCUA credit unions in its listings.

Read review

Marcus by Goldman Sachs

4.9 Bankrate CD score

Annual percentage yield

4.30%
Min. deposit to open

$500
Term

9 months

Why Marcus by Goldman Sachs?

Marcus is the online personal banking unit of Goldman Sachs. Marcus offers a nine-month CD with a minimum deposit of $500, which is lower than some of the banks on this list. In addition to the nine-month CD, Marcus provides nine other standard CDs, including competitive rates on its six-months and 12-month CDs. If you’re feeling worried about locking up your money, Marcus also offers good rates on no-penalty CDs, which allow early withdrawals without penalty seven days after funding the account.

Current Marcus by Goldman Sachs CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Read review

CIBC Bank USA

4.6 Bankrate CD score

Annual percentage yield

4.26%
Min. deposit to open

$1,000
Term

9 months

Why CIBC Bank USA?

CIBC Bank USA offers a highly competitive nine-month Agility CD requiring a $1,000 minimum deposit. In addition to the nine-month term, CIBC has more high-yielding short-term options, including a six- and 12-month CD. And its early withdrawal penalty is incredibly reasonable compared to other banks. In addition to good yields on CDs, CIBC also has a high-yielding savings account.

Current CIBC Bank USA CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Term	APY	Min. deposit
6 months	4.26% APY	$1,000
9 months	4.26% APY	$1,000
1 year	4.01% APY	$1,000
18 months	3.76% APY	$1,000
2 years	4.01% APY	$1,000
30 months	3.01% APY	$1,000

Read review

Bask Bank

4.5 Bankrate CD score

Annual percentage yield

4.25%
Min. deposit to open

$1,000
Term

9 months

Why Bask Bank?

Bask Bank offers a competitive nine-month CD, along with other competitive short-term options, such as its three and six-month CDs. The minimum deposit is a pretty standard $1,000. Bask is a good choice for those looking for high-yielding short-term CD rates but the bank doesn’t offer CD terms longer than two years.

Current Bask Bank CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Term	APY	Min. deposit
3 months	4.25% APY	$1,000
6 months	4.20% APY	$1,000
9 months	4.25% APY	$1,000
1 year	4.30% APY	$1,000
18 months	4.00% APY	$1,000
2 years	4.00% APY	$1,000

Read review

MYSafra Bank FSB

4.4 Bankrate CD score

Annual percentage yield

4.15%
Min. deposit to open

$500
Term

9 months

Why MYSafra Bank FSB?

M.Y. Safra Bank offers a great rate for its online nine-month CD offered through its online division, MYSB Direct. In addition to the nine-month CD, the bank features strong APYs on other short-term CDs, including a six-month CD. You can open online CDs here ranging from three months to five years.

Current MYSafra Bank FSB CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Term	APY	Min. deposit
3 months	3.25% APY	$500
6 months	4.15% APY	$500
9 months	4.15% APY	$500
1 year	4.00% APY	$500
18 months	4.05% APY	$500
2 years	4.00% APY	$500
3 years	3.91% APY	$500
4 years	3.75% APY	$500
5 years	3.91% APY	$500

Read review

VioBank

4.2 Bankrate CD score

Annual percentage yield

4.10%
Min. deposit to open

$500
Term

9 months

Why VioBank?

Vio Bank offers a high-yielding nine-month CD with a minimum deposit to open of $500. In addition to its nine-month CD, Vio Bank provides a high-yielding six-month CD too. Vio Bank’s CD terms extend up to 10 years but the best yields are found on the shorter-term CDs.

Current VioBank CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Term	APY	Min. deposit
6 months	4.10% APY	$500
9 months	4.10% APY	$500
1 year	4.00% APY	$500
18 months	3.80% APY	$500
2 years	3.50% APY	$500
3 years	3.50% APY	$500
4 years	2.75% APY	$500
5 years	2.75% APY	$500

Read review

Salem Five Direct

4.1 Bankrate CD score

Annual percentage yield

4.00%
Min. deposit to open

$10,000
Term

9 months

Why Salem Five Direct?

Salem Five Direct, an online division of Salem Five, offers a range of CD terms, including numerous CDs with high yields that the bank calls Special CDs. At $10,000, the minimum balance required to open a CD is higher than a lot of other online banks. In addition to the strong yield on its nine-month CD, the bank features a good yield on its 12-month CD, but the longer-term CDs are less competitive.

Current Salem Five Direct CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Term	APY	Min. deposit
6 months	4.20% APY	$10,000
9 months	4.00% APY	$10,000
1 year	3.50% APY	$10,000
18 months	3.50% APY	$10,000
2 years	3.50% APY	$10,000
30 months	2.00% APY	$10,000
3 years	2.00% APY	$10,000
4 years	2.25% APY	$10,000
5 years	2.25% APY	$10,000

Read review

Sallie Mae

3.9 Bankrate CD score

Annual percentage yield

3.90%
Min. deposit to open

$2,500
Term

9 months

Why Sallie Mae?

Sallie Mae Bank is a good choice for savers seeking high CD rates across a variety of terms. It offers a competitive nine-month CD, alongside strong short-term options, including a six month CD. In general, you can open a CD at Sallie Mae anywhere from six months to five years.

Current Sallie Mae CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Term	APY	Min. deposit
6 months	4.30% APY	$2,500
9 months	3.90% APY	$2,500
11 months	4.10% APY	$2,500
1 year	4.10% APY	$2,500
13 months	4.30% APY	$2,500
15 months	4.40% APY	$2,500
18 months	3.80% APY	$2,500
2 years	4.10% APY	$2,500
30 months	3.70% APY	$2,500
3 years	4.00% APY	$2,500
5 years	4.00% APY	$2,500

Read review

EverBank

4.1 Bankrate CD score

Annual percentage yield

3.80%
Min. deposit to open

$1,000
Term

9 months

Why EverBank?

EverBank offers a strong nine-month CD and a minimum deposit requirement of $1,000. In addition to its nine-month CD, EverBank provides a wide range of CD terms, ranging from three months to five years. If you’re looking for some other short-term alternatives to a nine-month CD, the bank’s seven-month and 13-month CD both offer strong APYs.

Current EverBank CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Term	APY	Min. deposit
3 months	3.90% APY	$1,000
6 months	3.90% APY	$1,000
9 months	3.80% APY	$1,000
1 year	3.80% APY	$1,000
2 years	3.65% APY	$1,000
30 months	3.50% APY	$1,000
3 years	3.50% APY	$1,000
4 years	3.50% APY	$1,000
5 years	3.50% APY	$1,000

Read review

Discover Bank

4.5 Bankrate CD score

Annual percentage yield

3.50%
Min. deposit to open

$0
Term

9 months

Why Discover Bank?

Discover Bank offers a nine-month CD with a healthy APY. In addition to the nine-month term, Discover provides a broad selection of other CDs, including three- and sixth-month options, though those CDs offer lower yields. In total, Discover offers twelve terms of CDs, from three months to 10 years. One highlight of Discover’s CDs is the $0 minimum opening deposit, making it an accessible place to open CDs.

Current Discover Bank CD Rates

Term	APY	Min. deposit
6 months	4.40% APY	$500
7 months	4.15% APY	$500
7 months	4.15% APY	$500
9 months	4.30% APY	$500
11 months	3.90% APY	$500
1 year	4.20% APY	$500
13 months	4.15% APY	$500
18 months	4.00% APY	$500
18 months	4.00% APY	$500
20 months	3.90% APY	$500
2 years	3.95% APY	$500
2 years	3.95% APY	$500
3 years	3.90% APY	$500
3 years	3.90% APY	$500
4 years	3.85% APY	$500
5 years	3.90% APY	$500
6 years	3.90% APY	$500

Term	APY	Min. deposit
3 months	2.00% APY	No minimum
6 months	4.20% APY	No minimum
9 months	3.50% APY	No minimum
1 year	4.00% APY	No minimum
18 months	3.80% APY	No minimum
2 years	3.80% APY	No minimum
30 months	3.60% APY	No minimum
3 years	3.60% APY	No minimum
4 years	3.60% APY	No minimum
5 years	3.75% APY	No minimum
7 years	3.50% APY	No minimum
10 years	3.50% APY	No minimum

What is a 9-month CD?

A nine-month CD is a certificate of deposit that matures in nine months. In return for locking up your money with a bank or other financial institution for the term, it may pay you a slightly higher interest rate than you’d earn with a traditional savings account or money market account.

Certificates of deposit offer a few key benefits.

With your rate locked in, you don’t have to worry about the bank cutting your rate until after the CD matures.
Accounts opened at most banks or credit unions are insured, typically up to $250,000, eliminating risk while helping you save for short-term goals.

In a falling interest rate environment, a short-term CD can be a smart middle ground. It gives you the chance to lock in a decent rate without committing for too long. If you don’t need your money for a few years, it’s worth locking in a multi-year CD at today’s rates. Rates will probably drop as we move into next year and beyond. Securing a good rate now might save you from missing out later.
Joe Camberato, CEO and founder, National Business Capital

How to find the best 9-month CD rates

Comparison shopping is key when you’re looking for the best nine-month CD rates. There are multiple types of CDs you could look into, including bump-up CDs and no-penalty CDs. But the top nine-month CD rates are usually found with traditional CDs.

Check out the best nine-month CDs offered by banks and credit unions and weigh the pros and cons of going with a short-term certificate of deposit over an account that’s more liquid. Don’t forget to calculate how much interest you could earn by the end of your term.

9-month CD FAQs

There are a few alternatives you can consider to a nine-month CD.
1. Consider other short-term CDs, such as a one-year CDs, which may offer slightly higher yields. However, in some cases, the yield isn’t that much different and might not make a huge difference in how much interest you earn. Carefully consider your goals and whether it makes sense to lock up your money for a longer period of time for the difference in yields. Use Bankrate’s CD calculator to see what the difference in interest will be before you decide where to put your money.
2. You can also consider more flexible options like high-yield savings accounts and money market accounts. Savings and money market accounts tend to offer similar or higher rates than nine-month CDs and allow easy funds access, with no penalty. Note, however, that rates for these accounts are variable and can change at any time.
3. No-penalty CDs are another option. They provide a fixed rate with the ability to withdraw funds early without penalty.

Research methodology

Bankrate researches over 100 banks and credit unions, including some of the largest financial institutions, online-only banks, regional banks and credit unions with both open and restrictive membership policies.

To find the best nine-month CD rates, we regularly survey nine-month CD offerings from the banks and credit unions that continually offer the most competitive rates.

The banks and credit unions on this page are selected based on their current APY for a nine-month CD and minimum deposit requirements. Only banks and credit unions with broadly available CDs made the list. Learn more about how we choose the best banking products and our methodology for reviewing banks.

Best 9-month CD rates for August 2025

Why choose Bankrate

Bankrate’s picks for top 9-month CD rates

Marcus by Goldman Sachs

Annual percentage yield

Min. deposit to open

Term

Why Marcus by Goldman Sachs?

Current Marcus by Goldman Sachs CD Rates

CIBC Bank USA

Annual percentage yield

Min. deposit to open

Term

Why CIBC Bank USA?

Current CIBC Bank USA CD Rates

Bask Bank

Annual percentage yield

Min. deposit to open

Term

Why Bask Bank?

Current Bask Bank CD Rates

MYSafra Bank FSB

Annual percentage yield

Min. deposit to open

Term

Why MYSafra Bank FSB?

Current MYSafra Bank FSB CD Rates

VioBank

Annual percentage yield

Min. deposit to open

Term

Why VioBank?

Current VioBank CD Rates

Salem Five Direct

Annual percentage yield

Min. deposit to open

Term

Why Salem Five Direct?

Current Salem Five Direct CD Rates

Sallie Mae

Annual percentage yield

Min. deposit to open

Term

Why Sallie Mae?

Current Sallie Mae CD Rates

EverBank

Annual percentage yield

Min. deposit to open

Term

Why EverBank?

Current EverBank CD Rates

Discover Bank

Annual percentage yield

Min. deposit to open

Term

Why Discover Bank?

Current Discover Bank CD Rates

What is a 9-month CD?

How to find the best 9-month CD rates

9-month CD FAQs

Is a 9-month CD worth it?

What are the alternatives to 9-month CDs?

Research methodology

Banks we monitor