Best No Minimum Deposit CD Rates: CDs You Can Open With Any Amount

A CD with no minimum lets you lock in a rate with whatever you have, whether that is $100 or $100,000. You still need to put money in to earn interest, and you cannot take it out early without a penalty. Here is the best no minimum CD for each term, what an early withdrawal costs at each bank, and when a CD that needs a deposit to open pays enough more to matter.

Best no minimum CD by term

Term	Best no minimum CD	APY	Earns on $10,000
6 months	E*TRADE or Synchrony	4.20%	$208
9 months	Synchrony	4.50%	$336
11 months	Capital One	4.50%	$412
12 months	E*TRADE	4.55%	$455
14 to 15 months	Capital One (14 months) or Synchrony (15 months)	4.50%	$527 to $566
18 months	E*TRADE	4.55%	$690
2 years	E*TRADE	4.80%	$983
3 years	E*TRADE	4.80%	$1,510
4 years	Synchrony	4.65%	$1,994
5 years	E*TRADE	4.80%	$2,642

APYs as of Oct 20, 2026 (E*TRADE), Oct 7, 2026 (Barclays), Oct 27, 2026 (Synchrony), Oct 20, 2026 (American Express) and Oct 27, 2026 (Capital One), each checked at the bank between Oct 20 and Oct 27, 2026. Earnings compound at the APY for the full term with nothing withdrawn. Capital One says its 11 month CD is available for a limited time.

Every term at the five no minimum banks

Term	E*TRADE	Barclays	Synchrony	American Express	Capital One 360
6 months	4.20%	4.00%	4.20%		3.30%
9 months	4.40%	4.00%	4.50%		3.75%
10 months				4.40%	3.70%
11 months				3.65%	4.50%
12 months	4.55%	4.50%	4.30%	3.65%	4.00%
13 months			4.30%
14 months			4.30%	3.65%	4.50%
15 months			4.50%
16 months			4.40%
18 months	4.55%	4.50%	4.50%	3.65%	3.60%
19 months			4.50%
22 months				4.40%
24 months	4.80%	4.75%	4.60%	3.65%	3.50%
30 months					3.50%
36 months	4.80%	4.50%	4.65%	2.25%	3.50%
48 months		4.50%	4.65%	2.25%	3.50%
60 months	4.80%	4.75%	4.75%	3.00%	3.60%

A blank cell means the bank does not list that term as a standard CD. Synchrony also offers an 11 month no penalty CD and a 24 month bump up CD. Full details: E*TRADE CD review, Barclays CD review, Synchrony CD review, American Express CD rates and Capital One 360 CD rates.

Early withdrawal penalties compared

Bank	Penalty	Partial withdrawals
E*TRADE	A set number of days of simple interest based on the term; can reduce principal	Not allowed
Barclays	90 days of interest on terms of 24 months or less; 180 days on longer terms	Penalty applies to the amount withdrawn
Synchrony	90, 180 or 365 days of interest depending on the term	See Synchrony’s terms
American Express	90 days (under 12 months), 270 days (12 to 47 months), 365 days (48 to 59 months), 540 days (60 months)	Not allowed
Capital One 360	3 months of interest (12 months or less); 6 months (longer terms)	Not allowed

On a 5 year CD, penalties differ a lot. Barclays and Capital One charge about half a year of interest, while American Express charges 540 days, about a year and a half. If there is any chance you will need the money early, that matters as much as the rate.

When a CD with a minimum is worth it

A no minimum CD pays close to the top rate on most terms, but some CDs that need money to open pay a little more. CFG Bank needs $500 and pays 4.65% APY on 1 year and 4.82% on 2, 3 and 5 years (as of Oct 27, 2026). Bread Savings pays 4.85% APY on 18 months with a $1,500 minimum, about $46 more than E*TRADE’s 4.55% on $10,000 over the term, and Popular Direct’s 6 month CD pays a little more than E*TRADE’s but needs $10,000. Compare every term on our best CD rates page.

No minimum CD or high yield savings?

A high yield savings account also needs little or nothing to open and lets you withdraw any time. The best savings rate we track with no monthly rules is Pibank Savings at 4.40% APY, but that rate can change any day. A CD locks its rate for the term. If you will not need the money and want a guaranteed rate, a CD wins; if you might need it, savings is safer. Compare the best high yield savings accounts.

Are these CDs safe?

Yes. Each bank is FDIC insured: E*TRADE CDs are deposits at Morgan Stanley Private Bank (FDIC certificate 34221), Barclays at Barclays Bank Delaware (57203), Synchrony at Synchrony Bank (27314), American Express at American Express National Bank (27471) and Capital One at Capital One, N.A. (4297). Coverage is up to $250,000 per depositor, per ownership category, combined with any other deposits you hold at the same bank.

Frequently asked questions

Which banks offer CDs with no minimum deposit?

Of the banks we track, E*TRADE (Morgan Stanley Private Bank), Barclays, Synchrony, American Express and Capital One 360 have no minimum deposit to open a CD.

What is the best no minimum CD rate?

At our Oct 27, 2026 check, E*TRADE paid the most on most terms: 4.80% APY on 2, 3 and 5 year CDs and 4.55% on 12 months. Synchrony paid 4.65% on 4 years and 4.50% on 9 months.

Can I open a CD with $100?

Yes, at a bank with no minimum such as E*TRADE, Barclays, Synchrony, American Express or Capital One 360. Your interest is based on what you deposit.

Do no minimum CDs pay less?

Only a little. No minimum CDs from E*TRADE and Synchrony are among the top rates we track. CFG Bank pays slightly more on 1, 2, 3 and 5 years with a $500 minimum, and Bread Savings pays more on 18 months but needs $1,500.

Can I add money to a no minimum CD later?

Usually not. Most banks only take money at opening or during the grace period after maturity, so plan your deposit before you open.