Rates updated · 72 banks tracked

MySavingsDirect CD rates: 3.00% APY best term

MySavingsDirect’s best tracked CD pays 3.00% across 4 terms — ranking in the bottom quartile of the 72 banks SwitchWize tracks CD rates for, where the best available rate is 4.45%. (Updated September 16, 2026.)

MySavingsDirect CD rates by term

TermAPY
6 months3.00%Best
2 years2.25%
3 years2.25%
5 years2.00%

Is MySavingsDirect a good CD rate? Not really. At 3.00% its best CD trails the 4.45% best available tracked rate, leaving about $363 a year on the table on a $25,000 deposit.

The gap, in your dollars

At 3.00%, $25,000 earns $750/yr here versus $1,113/yr at the field leader — a $363/yr difference.

See your exact number →

Higher-paying CD alternatives we track

Rates subject to change. Verify before opening a CD.

Is it safe to switch? Any FDIC-insured bank carries the same federal deposit protection — the same coverage big banks carry. Verify MySavingsDirect and alternatives →

Frequently asked questions

What is MySavingsDirect's best CD rate?

MySavingsDirect's best tracked CD rate is 3.00% APY as of September 16, 2026, across 4 terms SwitchWize tracks for this bank.

Is MySavingsDirect's CD rate good?

MySavingsDirect's best CD rate ranks in the bottom quartile of tracked banks. The best available tracked rate is 4.45% and the FDIC national savings average is 0.38%.

Which banks pay more than MySavingsDirect on CDs?

Higher-paying tracked options include citizens access, keybank, td bank. Compare rates at /cds to find the best current option.

General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.