Best 18-Month CD Rates for August 2022

We recommend the best products through a independent review process, and advertisers do not influence our choices. We may receive compensation if you visit partners we recommend. Read our advertiser disclosure for more information.

For savings you won’t need to access it in the short term, certificates of deposit, or CDs, are a safe and reliable way to earn more interest than you would with a standard savings account. Below are the best Certificate of Deposit rates available from our partners, followed by a ranking of the highest 18 month CD rates available to consumers nationwide.


Based on daily tracking of rate data from approximately 200 banks and credit unions that offer certificate products nationwide, we continuously rank the highest paying CDs with tenors of approximately 18 months (this includes maturities ranging from 15 to 20 months). The minimum deposit cannot exceed $25,000, and only institutions insured by the federal government (by the Federal Deposit Insurance Corporation for banks or National Administration of Credit Unions for credit unions) are eligible for our list.

When multiple institutions pay the same maximum rate, our ranking prioritizes the CDs by the shortest duration, then the CD requiring the smallest minimum deposit. If there is still a tie, we then rank the CD that has the lightest early withdrawal penalty.

Best CD rates 18 months:

  • Sun East Federal Credit Union – 4.00% APY
  • NASA Federal Credit Union – 3.75% APY
  • Bank5 connection – 3.20% APY
  • CFG Bank – 3.20% APY
  • Langley Federal Credit Union – 3.20% APY
  • Federal Credit Union The Capitol – 3.04% APY
  • EFCU Financial – 3.00% APY
  • Limelight Bank – 3.00% APY
  • Pennsylvania State Employees Credit Union – 3.00% APY
  • My eBanc – 2.99% ABS
  • NexBank – 2.90% APY
  • Merrick Bank – 2.90% APY
  • Living Oak Bank – 2.85% ABS
  • Sallie Mae Bank – 2.80% APY
  • Town 2.75% ABS
  • ConnectOne Bank – 2.75% ABS
  • iGObanking – 2.75% ABS

Detailed information on these highest paying 18 month CDs available nationwide is provided below, including details on minimum deposits and early withdrawal penalties. For Credit Union CDs, information is also provided on how to easily join the credit unions offering them.

Disclaimer: Curated and re-published here. We do not claim anything as we translated and re-published using Google translator. All ideas and images shared only for information purpose only. Ideas and information collected through Google re-written in accordance with guidelines and published. We strictly follow Google Webmaster guidelines. You can reach us @ [email protected]. We resolve the issues within hour to keep the work on top priority.

About Anju Sharma

Anju Sharma is a distinguished content writer at TipsClear.com, known for her expertise in crafting engaging, informative, and SEO-optimized articles. With a strong command over diverse topics, Anju has established herself as one of the best-known content creators in the digital space. Her work seamlessly blends in-depth research with a reader-friendly approach, making complex subjects easily accessible and enjoyable for her audience. Anju’s passion for writing and her commitment to delivering high-quality content consistently set her apart in the competitive world of online content creation.

Check Also

Fed Squeezes Inflation and Economy Harder With a Tenth—Possibly Final—Rate Hike

The Federal Reserve once again increased the pressure pushing down on inflation—and the economy—for what …