Truist CD Rates for 2026: Latest Terms, APYs and CD Specials
Written by
Dawn Allcot
Edited by
Joe Evans
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Truist — formed from the merger of BB&T and SunTrust — offers a lineup of certificates of deposit (CDs) for savers who want predictable, FDIC-insured returns. You can open CDs at a Truist branch in its footprint or, in many cases, online.
Like most regional and national banks, Truist tends to offer:
- A standard menu of fixed-rate CDs
- Occasional CD specials with promotional APYs for specific terms
The key is to understand how Truist’s CD rates stack up against other options in 2026, especially online banks and credit unions that might pay more. But how does Truist compete with other banks when it comes to CD rates? Read on to find out:
Current Truist CD Rates: Early 2026
Truist typically offers multiple CD terms, sometimes including promotional “special” CDs with higher APYs. Truist Bank publishes rates for CDs with terms ranging from seven days to 60 months.
| Term | APY | Minimum Opening Deposit |
|---|---|---|
| 3 months | $1,000 | |
| 15 months | $1,000 | |
| 7 days to 60 months | $1,000 |
Types of CDs Offered by Truist Bank
Truist Bank offers several CD options to fit different savings needs:
- Fixed-rate CDs: Offer a guaranteed interest rate with terms ranging from 7 days to 60 months.
- No-penalty CDs: Allow early withdrawals without a penalty for select terms.
- Special rate CDs: Feature limited-time rates on specific term lengths.
Key Features of Truist CDs
| Feature | Details |
|---|---|
| CD types | Standard fixed-rate CDs and periodic promotional CD specials; IRA CDs may also be available |
| Term range | Typically from a few months up to several years, depending on current offerings |
| Minimum opening deposit | Often around $1,000 for many Truist CDs, but confirm the exact minimums on Truist’s CD page |
| Interest rate | Fixed APY for the full term once the CD is opened and funded |
| Compounding | Interest usually compounds regularly and is credited on a set schedule (monthly or at maturity; check Truist’s disclosures) |
| Fees | No monthly maintenance fees on CDs |
| FDIC insurance | Deposits are FDIC insured up to $250,000 per depositor, per ownership category at Truist Bank |
| Access and management | CDs can often be opened and managed online, in the Truist app or at a branch in Truist’s footprint |
| Early withdrawal penalties | If you withdraw principal before maturity, Truist charges an early withdrawal penalty based on the term, which can reduce or eliminate your interest earnings |
How Much Can You Earn With a Truist CD?
How much you could stand to earn depends on factors, like:
- The amount of your deposit
- Your CD’s term length
- The APY on the term
Here’s what that might look like with Truist CDs:
| Deposit Amount | Term Length | APY | Estimated Interest Earned |
|---|---|---|---|
| $1,000 | 3 months | $8.64 | |
| $1,000 | 15 months | $34.49 | |
| $1,000 | 60 days | $0.08 |
You can also use GOBankingRates’ Savings Calculator to see how much your savings can grow over different lengths of time.
How Truist CD Rates Compare
Once you’ve filled in Truist’s actual APYs, you can help readers understand where Truist stands:
- Against national averages
Regional and national banks like Truist usually pay CD rates that hover near the national average for standard CDs, with CD specials sometimes standing out for select terms. - Against top online banks and credit unions
Online-only banks and credit unions often offer higher APYs than big branch-based banks and regionals. Truist CD specials may narrow the gap, but the very highest yields often come from online competitors. - Against other regional and national banks
Truist’s standard CD lineup tends to look similar to other large regionals: multiple terms, modest APYs and occasional promotional CDs. CD specials are usually where Truist can be more competitive.
Truist CD Rates vs. Other Banks
It might be helpful to see at a glance how Truist CDs compare to similar banks. Here’s a look:
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
No monthly service fee
Early withdrawal penalty may apply
APY
APY
APY
Up to
Contact bank for current rates
Up to
Min Opening
Min Opening
Min Opening
$1,000
$0
$0
Truist CD Rates vs. Alternatives
When deciding on a Truist CD, it’s helpful to compare it with other savings options:
- High-yield savings accounts: These accounts offer flexibility and easy access to funds while earning interest.
- Treasury bills: Government-backed investments with short-term options, suitable for those seeking stability.
- Money market accounts: Combine competitive rates with liquidity, often including features like check-writing.
- CD laddering: Using CDs with varying terms can balance consistent returns with periodic access to funds.
How To Open a Truist CD
Truist CDs are generally available to customers in the bank’s service area, and many can be opened online.
Step-by-step
- Choose your CD term and goal
- 6-12 months: good for short-term goals or a portion of your emergency fund you don’t expect to touch
- 18-36 months: better for medium-term savings you won’t need right away
- Longer terms: useful if you want to lock in a rate and don’t need the money for several years
- Check current Truist CD rates
- Visit Truist’s website
- Review the standard CD and any CD specials being advertised.
- Note the APYs, term lengths and minimum deposit requirements.
- Gather your information
You’ll typically need:- Legal name and date of birth
- Social Security number or taxpayer ID
- Home address and contact information
- Existing bank details if you’re funding from another institution
- Apply online or at a Truist branch
- In Truist’s footprint, you can usually apply online or in person.
- New customers may need to complete identity verification steps.
- Fund your CD
- Transfer funds from a Truist checking or savings account.
- Or link an external bank account and move money electronically.
- Your APY is typically locked in when the CD is opened and funded.
- Set maturity instructions
- Decide whether the CD should auto-renew into the same term, move into a different CD or transfer into your Truist checking or savings account.
- Add the maturity date to your calendar so you can revisit your options during the grace period.
Pros and Cons of Truist CDs
| Pros | Cons |
|---|---|
| FDIC-insured up to $250,000 per depositor, per ownership category | Standard CD APYs may be lower than top online banks and credit unions |
| CD specials can offer higher promotional APYs than Truist’s standard CD rates | Rates and terms can change or be limited-time, so timing matters |
| Multiple terms allow for simple CD laddering strategies | Minimum deposits may be higher than the $0-$500 minimums some online banks require |
| Branch access plus online banking and a mobile app for managing accounts | Early withdrawal penalties can reduce or eliminate your interest if you need funds early |
| Convenient if you already use Truist for checking or savings | Not ideal for rate chasers who want the absolute highest yield nationwide |
Is a Truist CD Right for You?
A Truist CD may be a good fit if you:
- Already bank with Truist and want to keep your savings in one place
- Prefer FDIC-insured stability and fixed returns over market volatility
- Live in Truist’s footprint and value access to local branches plus online tools
- Can take advantage of a Truist CD special that offers a stronger APY than the standard grid
You might want to look elsewhere if you:
- Are strictly chasing the highest possible APYs and don’t mind opening accounts at online-only banks or credit unions
- Have smaller amounts to invest and want ultra-low or $0 minimum deposits
- Expect you might need access to your CD funds early and don’t want to risk penalties
- Are comfortable using brokered CDs or high-yield savings accounts that may pay more than Truist’s standard CDs
A balanced strategy is to keep your emergency fund in a liquid high-yield savings account and use Truist CDs — especially CD specials — for money you can commit for a fixed term.
Final Take to GO
Truist CDs offer a straightforward way to earn fixed, FDIC-insured interest with a regional bank that combines in-person service with online tools. Standard CD rates may not always top the market, but CD specials can make Truist more attractive for certain term lengths, especially if you already use the bank for checking or savings.
If you prioritize familiarity, branch access and keeping your accounts under one roof, Truist CDs can play a solid role in your 2026 savings plan — particularly if you find a promotional CD that lines up with your timeline. If your top priority is squeezing out the highest rate possible, it’s smart to compare Truist’s offers with leading online banks, credit unions and brokered CDs before you lock in.
Melanie Grafil and Sarah Sharkey contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Jan. 1, 2026.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
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- Federal Reserve. 2024. "Large Commercial Banks."
