The 18-month CD rates we read on bank pages in October 2026 ranged from 2.75% to 4.75% APY. The highest was Bread Savings at 4.75%. On $10,000 that is about $721 in interest over the term. The rate is fixed for the term once you open the CD, and CDs at FDIC-insured banks are covered up to $250,000 per depositor, per bank, per ownership category.
Rates are dated by each bank’s page: Bread Savings October 15, 2026, CIT Bank July 1, 2026; still shown on CIT's site October 15, 2026, EverBank October 9, 2026, Marcus by Goldman Sachs October 15, 2026. Verify the current rate with the bank before opening.
18-month CD Rates We Read
| Bank | APY | Minimum Deposit |
|---|---|---|
| Bread Savings | 4.75% | $1,500 |
| Marcus by Goldman Sachs | 4.40% | $500 |
| EverBank | 3.40% | $1,000 |
| CIT Bank | 2.75% | $1,000 |
Banks not shown: we did not read a rate for this term, and Ally, Capital One and Synchrony pages did not show readable term-by-term rates. See best CD rates for more terms.
What a $10,000 18-month CD Earns
| Rate | APY | Interest | Total at Maturity |
|---|---|---|---|
| Bread Savings | 4.75% | $721 | $10,721 |
| Marcus by Goldman Sachs | 4.40% | $667 | $10,667 |
| EverBank | 3.40% | $514 | $10,514 |
| CIT Bank | 2.75% | $415 | $10,415 |
Interest = $10,000 x ((1 + APY)^(months / 12) - 1), assuming the APY is earned for the full term.
18-Month vs. 12-Month vs. 2-Year CDs
Compare each bank’s 12-, 18- and 24-month rates in best CD rates and the tables on this page. Match the term to when you need the money: an 18-month CD avoids reinvesting at month 12, and it can sit between the 12- and 24-month rungs of a CD ladder. Banks sometimes run promotional rates on particular terms, so check each bank’s own page.
Early Withdrawal Penalties
Banks charge interest for withdrawing before maturity, and the amount depends on the bank and term. Examples from bank pages: Ally charges 60 days of interest on a CD of 3 to 24 months (30 days under 3 months; 90 days for 25 to 36 months, 120 for 37 to 48, 150 for 49 or more); Capital One charges 3 months of interest on terms of 12 months or less and 6 months on longer terms; Synchrony charges 90 days of simple interest on terms of 12 months or less, 180 days on more than 12 but under 48 months, and 365 days on 48 months or more. We could not read penalty schedules for the other banks, so check the account agreement.
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