Indiana CD Rates| 1-Month to 5-Year CDs for Indiana Consumers with Good Credit Histories
If you live in Indianapolis, Fort Wayne, Evansville, Carmel, South Bend, or any other city in Indiana, you are most likely aware of the importance of comparison research when it comes to finding the best CD rates in Indiana.
Which Indiana City Are You Located In?
Below is a list of the largest cities in Indiana. Click here to go to the Indiana rates table displayed above to see current financial rates in Indiana.
Biggest Cities in Indiana
Tips for Getting the Best CD Rates in Indiana
Across the nation and in Indiana, CD rates are increasing, especially those that are offered by online banks.
Often providing more in returns than a savings account, certificates of deposit are popular savings products for Indiana residents, but it’s important to choose the right savings products and rates for your unique financial needs.
Read on to find tips for getting the best CD rates in Indiana to help your savings grow.
Know Your Finances
Before signing up for CD rates in Indiana, you’ll want to know exactly how much you can afford to set aside.
Some savings products and CD rates in Indiana will have minimum balance requirements, so the amount of cash you can set aside may play a large role in which CD you choose.
Keep in mind that any money put into a CD won’t be liquid for at least one year—or more—depending on the CD, so you’ll want to have a good handle on your finances before signing up for CD rates in Indiana.
Compare Multiple Products
When looking for the best CD rates in Indiana, your local bank is a good place to start, but it should not be the end-all solution.
With the rise of online banking, there are plenty of online banks offering competitive Indiana CD rates, often providing better rates than brick-and-mortar banks.
Credit unions are also great resources for CD rates in Indiana, since they operate as not-for-profit organizations and can often offer better rates as a result.
Look for Promotional Indiana CD Rates
The benefit to having local banks and credit unions to choose from is that these financial institutions often have promotions or special rates on CDs.
Some examples of potential discounts on the best Indiana CD rates include:
- Larger deposits
- Switching to electronic statements
- Senior citizens
- Residents of a specific county or city
High Yield Savings Rates vs Best CD Rates in Indiana
When looking for the best CD rates in Indiana, it’s important to weigh your options for the best CD rates in Indianapolis, Fort Wayne, Carmel, and more.
Of course, it is possible that even the best Indiana CD rates may not fit your financial needs or goals. Luckily, there are other savings options for consumers aside from Indiana CD rates.
Conclusion: Finding the Top CD Rates that Indiana Has to Offer
As you can see, there are a lot of CD offers for you depending on where you live in Indiana.
No matter what type of account you choose, a CD can be a great option for consumers that struggle with keeping their savings intact long enough for their account to grow.
Consider your financial goals, your current savings plan, and the best CD rates in Indiana to choose the best savings account for your personal financial goals.
CD, Savings and MMA Rate Table Disclaimer
Click here to read AdvisoryHQ’s disclaimer on the rate table(s) displayed on this page.
AdvisoryHQ (AHQ) Disclaimer:
Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.