Truist CD rates 2026: Probably not your best option (but here’s how to decide)

Though Truist does provide a couple decent options, for the most part, the annual percentage yields (APY) on its CDs are unmemorable. Add to this the fact that its CDs are comparatively inconvenient to open, and it’s clear many savers will find other institutions a better pick. 

Here’s what you need to know about Truist CD rates. 

Rates are current as of Feb. 3, 2026, and are subject to change. 

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Truist CD rates and products 

Truist issues standard personal and business CDs as well as CD specials—a small number of term lengths that offer the biggest returns. It doesn’t offer specialty options like jumbo, flex, or IRA CDs.

When it comes to its standard CDs, Truist plays close to the vest with specific term lengths (and even rates), specifying that you’ll have to call your local branch to know the details.

Even more frustrating, you’ll have to visit a Truist branch to open any CDs. Opening your account online is impossible.

CD specials

Truist CD specials are the only CDs that offer noteworthy earning rates. You’ll have just one term option of 15 months as of this writing. 

Minimum opening deposit	– $2,500 for terms between 7 and 31 days – $1,000 for terms between 32 and 60 months
Early withdrawal penalty	– Terms of less than 3 months: All interest earned or $25, whichever is greater  – Terms of 3 to 12 months: 3 months simple interest earned on the principal amount withdrawn or $25, whichever is greater  – Terms of 13 to 23 months: 6 months simple interest earned on the principal amount withdrawn or $25, whichever is greater  – Terms of 24 months or more: 12 months simple interest earned on the principal amount withdrawn or $25, whichever is greater
Partial withdrawals permitted	For a fee
Additional deposits permitted	No
Renewal grace period	– Terms less than 32 days: 1 day  – Terms of 32 days or more: 10 days

Minimum opening deposit
	– $2,500 for terms between 7 and 31 days – $1,000 for terms between 32 and 60 months
Early withdrawal penalty
	– Terms of less than 3 months: All interest earned or $25, whichever is greater  – Terms of 3 to 12 months: 3 months simple interest earned on the principal amount withdrawn or $25, whichever is greater  – Terms of 13 to 23 months: 6 months simple interest earned on the principal amount withdrawn or $25, whichever is greater  – Terms of 24 months or more: 12 months simple interest earned on the principal amount withdrawn or $25, whichever is greater
Partial withdrawals permitted
	For a fee
Additional deposits permitted
	No
Renewal grace period
	– Terms less than 32 days: 1 day  – Terms of 32 days or more: 10 days

Truist CD special rates

Term length	APY
5 months	3.00%
12 months	3.25%

5 months
APY	3.00%
12 months
APY	3.25%

Bank details checked Feb. 3, 2026.

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Standard CDs

Truist issues a wider range of standard CD terms than many other financial institutions, offering options that mature in as early as seven days. That said, its standard CDs aren’t anything impressive.

Truist also offers standard business CDs, advertised with similar terms to its standard personal CDs, but you’ll have to set up a meeting with a Truist representative to see the exact offers for your location.

Minimum opening deposit	– $2,500 for terms between 7 and 31 days – $1,000 for terms between 32 and 60 months
Early withdrawal penalty	– Terms of less than 3 months: All interest earned or $25, whichever is greater  – Terms of 3 to 12 months: 3 months simple interest earned on the principal amount withdrawn or $25, whichever is greater  – Terms of 13 to 23 months: 6 months simple interest earned on the principal amount withdrawn or $25, whichever is greater  – Terms of 24 months or more: 12 months simple interest earned on the principal amount withdrawn or $25, whichever is greater
Partial withdrawals permitted	For a fee
Additional deposits permitted	No
Renewal grace period	– Terms less than 32 days: 1 day  – Terms of 32 days or more: 10 days

Minimum opening deposit
	– $2,500 for terms between 7 and 31 days – $1,000 for terms between 32 and 60 months
Early withdrawal penalty
	– Terms of less than 3 months: All interest earned or $25, whichever is greater  – Terms of 3 to 12 months: 3 months simple interest earned on the principal amount withdrawn or $25, whichever is greater  – Terms of 13 to 23 months: 6 months simple interest earned on the principal amount withdrawn or $25, whichever is greater  – Terms of 24 months or more: 12 months simple interest earned on the principal amount withdrawn or $25, whichever is greater
Partial withdrawals permitted
	For a fee
Additional deposits permitted
	No
Renewal grace period
	– Terms less than 32 days: 1 day  – Terms of 32 days or more: 10 days

Truist standard CD rates

Term length	APY
7 days to 5 years	0.05%

7 days to 5 years
APY	0.05%
APY

Bank details checked Feb. 3, 2026. 

Compare Truist to competitors 

Truist CDs aren’t much to shout about—though a couple term lengths offer competitive APY. Here’s a peek at CD options from other popular banks.

Truist	Ally Bank	Northern Bank Direct
3 months		3 months
0.05%	3.00%	4.15%
5 months	5 months	5 months
3.00%	N/A	N/A
6 months	6 months	6 months
0.05%	3.50%	4.15%
9 months	9 months	9 months
0.05%	3.60%	3.50%
12 months	12 months	12 months
2.70%	3.75%	3.25%
Learn more	Learn more	Learn more
	View offer at MoneyLion	View offer at Northern Bank Direct

Bank details checked Feb. 3, 2026. 

Learn more about Truist

Truist is a full-service regional bank headquartered in Charlotte, North Carolina. With over 1,900 branch locations, it’s one of the largest in the U.S.—a top 10 institution, according to the Federal Reserve.

In addition to CDs, Truist offers checking and savings accounts, credit cards, auto loans, mortgages, investing and retirement services, and more. If you live in one of the 17 states Truist serves, it could be a great banking option (though, again, its CDs are nothing remarkable).

Frequently asked questions

Do Truist CD rates vary by location?

Yes, Truist says its CDs rates can vary depending on where you are.

What happens when my Truist CD matures?

When your Truist CD matures, you have a 10-day grace period to either open a new CD or withdraw your money. If you do nothing, your account will automatically renew.

Are Truist CDs FDIC insured?

Yes, Truist CDs are FDIC insured up to $250,000 per account holder per account ownership category.

What is the minimum deposit required for a CD at Truist?

The minimum deposit required for a Truist CD under 31 days is $2,500. If you’re opening a CD with a term lasting 32 days or more, the minimum deposit is $1,000.

Can I add money to my Truist CD after opening?

No, you cannot add money to a Truist CD until your account matures.