Best CD Rates in Maryland for Consumers with Good, Great, & Best Credit Scores


Maryland CD Interest Rates | 1-Month to 5-Year CDs for Maryland Consumers with Positive Credit Histories

If you live in Baltimore, Frederick, Silver Spring, Rockville, or any other city in Maryland, it’s important to conduct comparison research to ensure that you get the best CD rates in Maryland.

Of course, it isn’t always easy to set aside the time to sift through MD CD rates. Luckily, this article will give you all the information you need to find and get the best CD rates in MD.

In the rate table below, you can find a comparison of the best rates for financial products in MD.

Best CD Rates in Maryland

Baltimore, MD

Best CD Rates in Missouri | St. Louis, Independence, Kansas City, & Other Cities

Best CD Rates in WA (1-Month to 5-Year CDs)


Which Maryland City Are You Located In?

Below is a list of the ten largest cities in Maryland. Click here to go to the Maryland rates table displayed above, and to compare the best rates in Maryland on financial products.

Biggest Cities in Maryland

Population (2015-2016)

Washington, D.C. 681,170
Baltimore 621,849
Silver Spring 71,452
Frederick 70,060
Gaithersburg 67,776
Rockville 66,940
Bowie 58,393
Hagerstown 40,452
Annapolis 39,418
Salisbury 33,114

List of Available Certificate of Deposits in Maryland

Below are the types of Maryland CDs you can invest money in:

  • 1-year CD
  • 1-month CD
  • 3-month CD
  • 6-month CD
  • 9-month CD
  • 1-year jumbo CD
  • 2-year CD
  • 3-year CD
  • 5-year CD
  • 5-year jumbo CD

Aside from the best CD rates in Maryland, you may want to consider high-yield savings accounts in Maryland. Depending on the provider, many online high-yield savings accounts offer much higher rates than even the best CD rates in MD.

Best CD Rates in Tennessee | Nashville, Memphis, Knoxville, and Other Cities

Best CD Rates in Arizona for Good-to-Great Credit


Tips for Getting the Best CD Rates in Maryland

Across the nation and in Maryland, 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 Maryland 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 Maryland to help your savings grow.

Know Your Finances

Before signing up for the best CD rates in MD, you’ll want to know exactly how much you can afford to set aside.

Some savings products and CD rates in Maryland 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 Maryland.

Compare Multiple Products

When looking for the best CD rates in Maryland, 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 Maryland CD rates, often providing better rates than brick-and-mortar banks.

Credit unions are also great resources for CD rates in Maryland, since they operate as not-for-profit organizations and can often offer better rates as a result.

Look for Promotional Maryland 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 Maryland CD rates include:

  • Larger deposits
  • Switching to electronic statements
  • Senior citizens
  • Veterans
  • Residents of a specific county or city

Best CD Rates in Indiana | 1-Month to 5-Year Indiana CDs

Best CD Rates in Massachusetts | Boston, Cambridge, Springfield, & Other Cities


Conclusion: Finding the Top CD Rates that Maryland Has to Offer

As you can see, there are a lot of great financial products and rates available to Maryland residents.

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 Maryland to choose the best savings account for your personal financial goals.

Best Virginia CD Rates | VA CD Rates for 1-9-Month, 1-5-Year, & Jumbo CDs

Current Mortgage Rates | GA Mortgage Rates for Good & Best Credit


CD, Savings and MMA Rate Table Disclaimer

Click here to read AdvisoryHQ’s disclaimer on the rate table(s) displayed on this page.


Table source:

https://www.google.com/search?q=biggest+cities+in+maryland&oq=biggest+cities+in+maryland

Image source:

https://pixabay.com/en/baltimore-night-traffic-downtown-1483763/



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.