Best IRA CD rates for June 2025

Salem Five Direct is the digital subsidiary of Salem Five Bank, a Massachusetts-based institution. The bank’s Special CDs — which offer a solid range of terms — can also be IRA CDs. Salem Five Direct’s shorter terms currently earn higher yields compared to the longer terms, which come with sub-par APYs. You’ll need at least $10,000 to open a Special CD.

Bread Savings consistently offers top-tier yields on its savings products and is regularly featured on Bankrate’s lists of the best high-yield savings and CDs. Its IRA CDs are no exception. The bank offers a solid range of CD terms, which will fit various needs since the bank offers both shorter-term and longer-term CDs. Yields are robust throughout, but not every term offers a top-notch rate.

Synchrony Bank is an online bank that offers Roth IRA CDs and traditional IRA CDs, both offering the same wide range of terms, spanning three months to five years. Most of those terms come with robust rates, but some are more competitive than others. You can only open an IRA CD with Synchrony Bank over the phone. Other Synchrony accounts, however, can be opened online.

Discover Bank offers IRA CDs with a very wide range of terms, spanning three months to 10 years. (Discover bank is one of the few banks that offers a 10-year CD term.) The bank doesn’t charge fees for any of its deposit products. APYs vary heavily by term, so not all IRA CDs come with robust yields.

America First offers a very wide range of IRA CD terms beyond just the 12-month certificate, which currently earns a top-notch rate. With all of the options available, you can easily set up an IRA CD ladder. In addition to IRA CDs, America First has checking accounts, savings accounts and different types of CDs.

To join America First Credit Union, you must live, work, worship, or attend school in specific counties in Utah, Nevada, Arizona, Idaho, Oregon or New Mexico, or be associated with certain employers. Members of the immediate family or household of an existing member also qualify.

Mountain America Credit Union offers a solid range of CD terms, any of which can be opened as an IRA CD. Rates throughout all the terms are competitive, so whether you’re going for the shortest term (six months) or the longest term (five years), you can trust you’ll get a robust APY. All standard and IRA CDs even come with a one-time rate bump-up option, which allows you to raise your rate if your term offers a higher APY.

While the credit union maintains branches in many western states — including Utah, New Mexico, Arizona, Idaho, Nevada and Montana — membership is primarily limited to those who live in certain Utah counties and their family members. However, employees or volunteers of select employer groups and affiliated associations are also eligible.

SchoolsFirst Federal Credit Union offers a wide swath of IRA CD terms, allowing you to open a CD as short as 30 days to as long as five years — and any other term in between that range, making SchoolsFirst one of the best on this list for setting up a customized CD ladder. Higher deposits earn slightly higher yields, but with the base minimum deposit of $500, you can still get a stellar rate.

SchoolsFirst primarily serves educational communities in California, so membership is open to current or retired school employees living in California and their family members. Membership is also open to employees living in California whose company primarily offers direct services to a school district in California, or college students enrolled in eligible education programs with a student teaching requirement.

American Airlines Federal Credit Union offers just a handful of IRA CDs, but none are shorter than 12 months. Most terms offer sub-par yields, but the 12-month term offers a robust APY. However, the credit union does offer a handful of pre-made CD ladders that earn higher yields than the individual offerings. As with the base CDs, you’ll need at least $1,000 to start a ladder.

Membership to American Airlines Federal Credit Union is limited to employees of the air transportation industry and their family members.

Unlike all the other credit unions on this list, Alliant Credit Union lets anyone join and take advantage of its IRA CDs. Alliant offers a wide range of CD terms, any of which can be opened as an IRA CD. Yields range from solid to competitive with a lot of variability between terms. One caveat is that you must already have an IRA account with Alliant before you can open an IRA CD.

You can qualify for membership through one of the businesses and organizations that partners with Alliant or Alliant will make a one-time $5 donation on your behalf to the Alliant Credit Union Foundation, and by becoming a foundation member, you’re eligible to be an Alliant Credit Union member.

Suncoast Credit Union offers both regular IRA CDs with a $500 minimum balance and jumbo IRA CDs that require at least $100,000. In addition to a 12-month IRA CD, there are many IRA terms available, with terms ranging from six months to five years. The jumbo IRA CDs currently earn slightly higher yields than regular IRA CDs but all of Suncoast Credit Union’s IRA CDs come with competitive rates, earning about the same as many top-notch high-yield savings accounts.

Suncoast Credit Union serves people living, working, attending school or worshipping in Florida. You can also qualify to join if a family member is already a member or if you’re an alumnus of a Florida college.