Capitol Federal’s Certificates of Deposit (CDs) offer some of the most competitive interest rates in the area, providing a secure and profitable way to grow your savings. With a variety of short- and long-term options, our CDs are ideal for those aiming to achieve long-term financial goals, save for retirement, or add a reliable investment to their savings strategy. There’s no better time to start securing your financial future.
Certificates of Deposit are perfect for:
- Long-term savings goals
- Retirement savings
- Secure investments
- A CD laddering strategy
Individual Retirement Accounts (IRAs)
Secure your retirement with Capitol Federal® by investing in an IRA that offers stable returns and a variety of options. Whether you're looking for competitive rates through our range of Certificate of Deposit terms or prefer the flexibility of a variable rate Savings IRA, we have a plan tailored to your needs. Choose a Traditional IRA with CD terms of up to 4 years, or explore Roth and Educational IRAs with terms up to 5 years. Start planning your future with confidence today.
Compare Checking Accounts
We offer simple accounts that allow you to conveniently access and manage your money your way. Compare checking accounts and select the best option for you.
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Certificate of Deposit FAQs
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A Capitol Federal® Certificate of Deposit (CD) is a time‑deposit account that earns a fixed APY (Annual Percentage Yield) for a chosen CD term and is FDIC insured up to the legal limits. CDs offer predictable returns, with a $1,000 minimum deposit required to open and earn APY, and current rates published on our site.
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CapFed® offers a range of CD terms—from short terms (91‑day, 182‑day) to 8‑, 10‑, 11‑, 12‑, 14‑, 19‑, 21‑, 24‑, 30‑, 36‑, 42‑, 48‑, and 60‑month—so you can align your maturity date with your goals or build a CD ladder. See our current rates page for the full menu and APYs by term.
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Current rates and APYs for all available CD terms (e.g., 91‑day, 182‑day, 8‑month, 11‑month, 12‑month, and multi‑year terms) are listed on our Personal Deposit Rates page and are subject to change. Always check the rates page for the latest CD rates / current rates.
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The minimum deposit required is $1,000 to open a CD and to earn the disclosed APY. Rates can change, see current rates before opening.
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Interest is calculated using the daily balance method, compounded daily, and credited quarterly for most terms; for 91‑day and 182‑day CDs, interest is compounded daily and paid at maturity. This is reflected on both the current rates page and term‑specific disclosures.
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Interest earned on a CD is generally taxable and reported on Form 1099‑INT; consult a tax advisor for guidance on your situation. (Note: This is informational only and not tax advice.)
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A CD typically offers a fixed APY for a set term length in exchange for limited liquidity (a penalty for early withdrawal may apply). Savings or money market accounts offer greater access to funds but generally at variable rates. If you want both access and yield diversification, consider a CD ladder. Check current rates across account types.
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You can open a CD online from our CD page or visit any CapFed branch. Note that IRAs and personal trust accounts cannot be opened online, and certain online restrictions may apply; see disclosures for details.
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Personal consumer accounts are available subject to identity verification and account approval. Accounts opened online are deemed to reside in Kansas for legal purposes; see the Disclosure and Agreement for Certificates of Deposit for ownership types and other terms & conditions.
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Yes. CapFed CDs are FDIC insured up to the maximum amount allowed by law, offering added protection alongside a competitive APY.
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CDs generally renew automatically at the prevailing rate for the applicable term, and you’ll have a 10 calendar day grace period after the maturity date to change the term, transfer or roll over funds, or withdraw without penalty. See your term’s disclosure for specifics.
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Yes. During the grace period after maturity, you can transfer or roll over funds to another CD term, move them to a savings or money market account, or withdraw without penalty. If you take no action, the CD generally renews automatically.
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A CD ladder splits funds across multiple CD terms (for example, 6, 12, 24, and 36 months) so parts of your money reach the maturity date at staggered intervals—helping you manage liquidity while capturing current rates as they change. CapFed offers a wide term range suitable for laddering strategies.
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Yes. Withdrawal before maturity may result in a penalty for early withdrawal (e.g., the 21 month CD carries a penalty equal to 90 days of interest if principal is withdrawn early). Interest that has been credited can generally be withdrawn without penalty; however, the exact penalty is term specific, so always review your disclosure before transacting.
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Partial withdrawals of principal are typically allowed but will trigger the early withdrawal penalty; interest credited can often be withdrawn without penalty. After opening, additional deposits (add ons) are not permitted until maturity on standard fixed rate CDs.
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CapFed CDs do not have monthly maintenance fees; however, general service charges (e.g., legal notice processing) or optional wire transfer fees may apply, and early withdrawal of principal may incur a penalty. Review your term’s disclosure for the complete fee and penalty for early withdrawal details.
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For complete terms & conditions, including interest calculation, early‑withdrawal penalties, renewal options, and account ownership rules, read the Disclosure and Agreement for Certificates of Deposit and your term‑specific Disclosure of Terms.