Fixed Income

Invest with confidence — find the best CD rates for youIf you're looking to make your cash work harder, you’ll find an option to meet your time frame and earn high returns with a fractional CD. Get started with as little as $100.

Lock in the best rate for you

1-year3.80% APY

As of Apr 19, 2025, 4:06 AM ET. Higher yields may be available on whole CDs ($1000 increment).

Explore all CDs for more options

A CD is a predictable* place to invest your cash—even amid uncertain market conditions. Explore a fractional CD with this slider or browse our full CD offering below.

Browse all Fidelity CDs

Make your cash work harder with fractional CDs

Minimums as low as $100
Predictable payouts*
Rates you can lock in
FDIC-insured protection ¹

Want to learn more?

Read our deep dive on CDs

Locked-in rates
Fractional CDs, like other brokered CDs, offer fixed interest rates for the duration of your investment. If you hold it the entire time, you’ll get your original investment back plus interest.

Customize your timeline
Fractional CDs provide added flexibility and choice, with investment minimums as low as $100 and investment periods as short as 3 months. You can create a customized CD portfolio based on your personal situation. Invest what you can and have it available when you need it.

Access to your money
Any money you invest in a CD is yours. However, CDs are designed to be held for the entire investment period (until the maturity date). If you end up needing to access your money before the CD's investment period is complete, you'll have to contact Fidelity to attempt to sell. Due to the limited nature of the market, we can't guarantee that we'll be able to sell your CD, and you may lose some of your original investment to trading costs if you do succeed in selling. That's why we suggest carefully picking an investment period you're comfortable sticking with for the entire period of the investment.

Price fluctuations
While the price of a brokered CD can vary from day to day (which you can see on your positions page), this does not affect the interest you earn. If you hold your CD for the entire investment period, you’ll receive the full amount of your initial investment plus interest payments.

Easy to buy, costly to sell early
There's no cost if you purchase your CD and hold it for the entire investment period. This is the way to earn the yield you saw when you purchased it. Because fractional CDs are a unique product, if you need to sell your investment, Fidelity may attempt to buy it back from you; however, there is no guarantee that this will happen. You should be aware that selling any CD, including fractional CDs, before the maturity date is likely to result in a loss.

FDIC insurance limits¹
Although your brokered CD is FDIC insured, the protection is limited to $250,000 per individual per issuer, should the issuer default. So any deposits you have at one bank (even held in other accounts) will be combined for the purposes of determining the FDIC insurance protection limit.

FAQs

A certificate of deposit, or CD, is a federally insured savings deposit that offers a fixed interest rate with the assumption that you will hold your money in that CD until its

. Typically, CDs require a minimum purchase of $1000 and can be opened with multiples of $1000, but with Fidelity's fractional CDs, we allow you to purchase CDs at lower minimums and at increments as low as $100.

Unlike traditional savings accounts that let you deposit and withdraw funds freely, CDs "lock" your money for a specific time period. Typically, the longer the investment period, the higher the interest rate you'll earn. Your money is not freely accessible to you during that time. If you need access to your money early, you will have to sell the CD on the secondary market, which will probably result in a loss of some of your original investment.

Saving with a CD at Fidelity requires an account to purchase and hold your CDs while they mature. Purchasing CDs is supported through any Fidelity brokerage account. Once your account is set up, the $100 minimum allows you to customize your savings by saving a little bit each month or by buying CDs with different investment periods to make sure your money is available when you need it.

While you can sell your fractional CD before its

, the process is manual (you have to call us at 800-544-5372) and you'll likely lose part of your original savings, due to trading costs, similar to an early withdrawal fee. Additionally, you will be required to sell the entire fractional amount you purchased. For example, if your original investment amount was $900, you will need to sell the entire $900 position; it is not possible to break a fractional CD further into a separate smaller amount. That's why it's important to carefully choose a CD you can commit to for the entire investment period and simply let it mature. If you must sell early, it can take a few business days to access your money. But, if you hold your CD for the entire time, your investment, plus the final interest payment, will be automatically paid into your account.
When you look at the CDs Fidelity offers, you'll see a range of different

. Typically, higher rates come with longer investment periods, but rates may also vary within the same period as banks compete for deposits. As an investor you need to consider your time horizon first and foremost—how long you're prepared to leave your money invested. Having decided your time horizon, then look for the best rate available within that time frame. Other factors to consider include the following:

The $250,000 FDIC insurance limit

Is the

? If your CD is not call protected there is a risk that the bank could return your investment early and you won’t get the total interest you were expecting. All Fidelity fractional CDs are call protected, but this is something to keep in mind when looking at our entire CD inventory.

Additional resources

Get started buying a CD

Open an account

View other important information and risks of investing in fixed income securities

*The amount of interest generated assuming the CD is not called prior to and held until the date of maturity.

1. For the purposes of FDIC insurance coverage limits, all depository assets of the account holder at the institution that issued the CD will generally be counted toward the aggregate limit (usually $250,000) for each applicable category of account. FDIC insurance does not cover market losses. All of the new issue brokered CDs Fidelity offers are FDIC insured. In some cases, CDs may be purchased on the secondary market at a price that reflects a premium to their principal value. This premium is ineligible for FDIC insurance. For details on FDIC insurance limits, see www.fdic.gov.

2. Fidelity makes new issue CDs available without a separate transaction fee. Fidelity Brokerage Services LLC and National Financial Services LLC receive compensation for participating in the offering as a selling group member or underwriter.

Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss. Your ability to sell a CD on the secondary market is subject to market conditions. If your CD has a step rate, the interest rate may be higher or lower than prevailing market rates. The initial rate on a step-rate CD is not the yield to maturity. If your CD has a call provision, which many step-rate CDs do, the decision to call the CD is at the issuer's sole discretion. Also, if the issuer calls the CD, you may obtain a less favorable interest rate upon reinvestment of your funds. Fidelity makes no judgment as to the creditworthiness of the issuing institution.

If you want to buy or sell a CD on the secondary market, Fidelity Brokerage Services LLC ("FBS") will charge you a markup or markdown. This markup/markdown will be applied to your order, and you will be provided the opportunity to review it prior to submission for execution. CDs are made available through our affiliate National Financial Services LLC ("NFS") and from various third-party providers, including participants on the Tradeweb Markets, ICE TMC, and ICE BondPoint platforms, with FBS normally acting as riskless principal or agent. These offering brokers, including NFS, may separately mark up or mark down the price of the security and may realize a trading profit or loss on the transaction.

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