Highest CD Rates in Michigan
188 Michigan-specific CD products
The Michigan market
Michigan accounts
188
Institutions
20
Top Michigan APY
4.75% APY
Nationally: 5.00% APY
FDIC national average
1.73%
As of Sep 2026
188 CDs are open only to Michigan residents, from 20 institutions. The highest advertised APY among them is 4.75%.
The highest nationally available rate is 5.00% APY, 25 basis points above the Michigan leader.
129 of the 188 Michigan CDs advertise more than the FDIC national average of 1.73% for 12-month CDs as of Sep 2026.
Michigan-Specific CD Rates
CD rates specifically available to Michigan residents. Business, youth and IRA CDs are not included.
| # | Institution & CD | Rate & Features | Minimum Deposit | Actions |
|---|---|---|---|---|
| #1 | 4.75%APY Observed: Oct 13, 2026 Branches: Yes | $10,000 | ||
| #2 | Up to4.75%APY Needs a linked account at the bank · 4.25% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #3 | Up to4.70%APY Needs a linked account at the bank · 4.20% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #4 | Up to4.60%APY Needs a linked account at the bank · 4.10% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #5 | 4.50%APY Observed: Oct 13, 2026 Branches: Yes | $10,000 | ||
| #6 | Up to4.50%APY Needs a linked account at the bank · 4.20% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #7 | 4.35%APY Observed: Oct 13, 2026 Branches: Yes | $10,000 | ||
| #8 | Up to4.25%APY Needs a linked account at the bank · 3.95% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #9 | 4.20%APY Observed: Oct 13, 2026 Branches: Yes | $10,000 | ||
| #10 | 4.15%APY Observed: Oct 13, 2026 Branches: Yes | $500 | ||
| #11 | 4.15%APY Observed: Oct 13, 2026 Branches: Yes | $500 | ||
| #12 | Up to4.10%APY Needs a linked account at the bank · 3.80% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #13 | 4.01%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #14 | 4.00%APY Observed: Oct 13, 2026 Branches: Yes | $1,000 | ||
| #15 | Up to4.00%APY Needs at least $100,000 Observed: Oct 13, 2026 Branches: Yes | $1,000 | ||
| #16 | Up to4.00%APY Needs a linked account at the bank · 3.70% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #17 | 4.00%APY Observed: Oct 13, 2026 Branches: Yes | $1,000 | ||
| #18 | Up to4.00%APY That 4.00% is a promotional rate. Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #19 | 3.96%APY Observed: Oct 13, 2026 Branches: Yes | $10,000 | ||
| #20 | 3.96%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #21 | 3.95%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #22 | 3.92%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #23 | 3.90%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #24 | 3.90%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #25 | 3.90%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #26 | 3.88%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #27 | 3.85%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #28 | 3.85%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #29 | 3.85%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #30 | 3.81%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #31 | 3.80%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #32 | 3.80%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #33 | Up to3.75%APY Needs a linked account at the bank · 3.45% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #34 | Up to3.75%APY That 3.75% is a promotional rate. Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #35 | 3.75%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #36 | 3.70%APY Observed: Oct 13, 2026 Branches: Yes | $10,000 | ||
| #37 | Up to3.65%APY Needs at least $100,000 Observed: Oct 13, 2026 Branches: Yes | $1,000 | ||
| #38 | 3.65%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #39 | 3.60%APY Observed: Oct 7, 2026 Branches: Yes | N/A | ||
| #40 | 3.60%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #41 | 3.56%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #42 | Up to3.55%APY Needs at least $100,000 Observed: Oct 7, 2026 Branches: Yes | $1,000 | ||
| #43 | 3.55%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #44 | 3.50%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #45 | Up to3.50%APY Needs a linked account at the bank · 3.20% without the linked account Observed: Oct 13, 2026 Branches: Yes | $2,500 | ||
| #46 | 3.50%APY Observed: Oct 7, 2026 Branches: Yes | $1,000 | ||
| #47 | 3.50%APY Observed: Oct 7, 2026 Branches: Yes | $1,000 | ||
| #48 | 3.50%APY Observed: Oct 7, 2026 Branches: Yes | $500 | ||
| #49 | 3.50%APY Observed: Oct 7, 2026 Branches: Yes | $1,000 | ||
| #50 | 3.50%APY Observed: Oct 7, 2026 Branches: Yes | $1,000 |
$10,000
Yes
Needs a linked account at the bank · 4.25% without the linked account
$2,500
Yes
Needs a linked account at the bank · 4.20% without the linked account
$2,500
Yes
Needs a linked account at the bank · 4.10% without the linked account
$2,500
Yes
$10,000
Yes
Needs a linked account at the bank · 4.20% without the linked account
$2,500
Yes
$10,000
Yes
Needs a linked account at the bank · 3.95% without the linked account
$2,500
Yes
$10,000
Yes
$500
Yes
$500
Yes
Needs a linked account at the bank · 3.80% without the linked account
$2,500
Yes
$500
Yes
$1,000
Yes
Needs at least $100,000
$1,000
Yes
Needs a linked account at the bank · 3.70% without the linked account
$2,500
Yes
$1,000
Yes
That 4.00% is a promotional rate.
$500
Yes
$10,000
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
$500
Yes
Needs a linked account at the bank · 3.45% without the linked account
$2,500
Yes
That 3.75% is a promotional rate.
$500
Yes
$500
Yes
$10,000
Yes
Needs at least $100,000
$1,000
Yes
$500
Yes
N/A
Yes
$500
Yes
$500
Yes
Needs at least $100,000
$1,000
Yes
$500
Yes
$500
Yes
Needs a linked account at the bank · 3.20% without the linked account
$2,500
Yes
$1,000
Yes
$1,000
Yes
$500
Yes
$1,000
Yes
$1,000
Yes
Nationally Available CD Rates
The 8 highest CD rates available nationwide, including in Michigan.
| Institution | Product / Term | APY |
|---|---|---|
| Popular Direct | 60 Months60 months | 5.00% |
| Popular Direct | 48 Months48 months | 4.95% |
| Popular Direct | 36 Months36 months | 4.85% |
| E*TRADE from Morgan Stanley | 12-Month Certificates of Deposit12 months | 4.75% |
| Bread Savings | 18-Month CD18 months | 4.75% |
| Barclays | 24-Month CD24 months | 4.75% |
| Barclays | 60-Month CD60 months | 4.75% |
| Popular Direct | 24 Months24 months | 4.70% |