Vanguard CD Rates: June 2025

Vanguard CDs have c🅘ompetitಞive rates and terms as long as 10 years

By

澳洲幸运5官方开奖结果体彩网:Rebecca Safier

Updated May 29, 2025

Reviewed by

Michael J Boyle

Loan manager with digital tablet meeting with couple in bank — Hero Images Inc / Getty Images

Vanguard is a large asset management firm that offers brokered 澳洲幸运5官方开奖结果体彩网:certificates of deposit (CDs) ꦍto its customers. Brokered CDs are bought through an intermediary brokerage firm, like Vanguard. Banks sell them to brokerages, which in turn make them available to customers at competitiv⭕e rates at a variety of terms.

Vanguard offers relatively high annual percentage yields (APYs) of up to 4.50% on its brokered CDs, which come with terms ranging from just one month all the way up to 10 years.

Vanguard Non-Callable Brokered CD Account Overview
CD Term	APY	Minimum Deposit
1–3 months	4.40%	$1,000
4–6 months	4.30%	$1,000
7–9 months	4.35%	$1,000
10–12 months	4.40%	$1,000
13–18 months	4.40%	$1,000
2 years	4.50%	$1,000
3 years	4.40%	$1,000
4 years	4.40%	$1,000
5 years	4.45%	$1,000
7 years	-	-
10+ years	4.40%	$1,000

Compare Vanguard CD Rates

Vanguard CDs offer some competitive interest rates, but you may find higher rates by shopping around. Compare all your opt💞ions before determining which CD is best for you.

Vanguard CDs: Key Features

Vanguard Non-Callable Brokered CD Key Features
APY Range	4.30%–4.50%
Minimum Deposit	$1,000 (additional purchases must be in increments of $1,000)
Term Range	1 month–10 years
Early Withdrawal Penalty	None
New Issues	$0
Secondary Trades	$1 transaction fee per $1,000 CD ($250 max); $25 fee for broker-assisted trades over the phone

Vanguard’s CDs pay out 澳洲幸运5官方开奖结果体彩网:simple interest, rather than 澳洲幸运5官方开奖结果体彩网:compound interest, to your linked Vanguard money market account. Simple int♋erest is calculated based on the principal amount only; it doesn’t include the interest you earn, as compound interest does.

There’s no penalty for withdrawing your money early, but you might not make the full amount you were expecting if you close your CD prior to mat⛎urity.

Vanguard’s brokered CDs don’t renew automatically when they reach maturity. Instead, your earnings will be transferred to your 澳洲幸运5官方开奖结果体彩网:linked money market account and your CD will close.

You have the option of opening a CD directly from a bank or purchasing one from a seller, which is called a secondary trade. Newly issued CDs don’t come with a fee, while secondary trades come with a $1 transaction fee per $1,000 CD, up to a maximum of $250.

Vanguard’s brokered CDs may be a good fit for customers who have a short-term goal and a large amount to invest. Since a brokerage account can hold CDs from multiple banks, you can protect your deposits beyond the usual $250,000-per-customer FDIC limit.

Pros and Cons of Vanguard CDs

Pros

Variety of term options
No early withdrawal penalty

Cons

Higher minimum deposit

Pros Explained

Variety of term options: Vanguard offers a range of CD terms of up to 10 years, which can provide flexibility.
No early withdrawal penalty: Unlike many CDs, you will not face an early withdrawal penalty with Vanguard CDs.

Cons Explained

Higher minimum deposit: Many CDs have a minimum deposit requirement, although some are lower than others. With Vanguard, your required to put down at least $1,000.

About Vanguard

Vanguard is an online brokerage firm that offers a variety of investment products, including mutual funds, money market accounts, stocks, and bonds. Founded in 1975, Vanguard provides various investments, retirement tools, and personalized financial advice.

Vanguard customers can open a brokered CD through their online account or over the phone with a Vanguard representative. The fiꩵrm’🐲s CD rates are quite competitive compared to other banks, although the lack of compound interest could be a turn-off for many.

Important

Vanguard CDs earn 澳洲幸运5官方开奖结果体彩网:simple interest, rather than compound i🐬nterest, so your earnings may not be as high as they would be on a compound interest-earning CD. It's worth comparing your options to the 澳洲幸运5官方开奖结果体彩网:best CD rates available today to see which ⛎account would give you the best return on investment.

Alternatives to Vanguard CDs

High-yield savings accounts: If you’re willing to open an online savings account elsewhere, you may be able to earn higher rates than what Vanguard CDs offer. See the best high-yield savings account rates to compare how much you could earn.
High-yield checking accounts: You may find relatively high rates with some checking accounts. Be aware of their requirements and limits. The 澳洲幸运5官方开奖结果体彩网:best💜 high-interest checking accounts give you easy access to your money.
Certificates of deposit (CDs): You can also choose from a range of 澳洲幸运5官方开奖结果体彩网:CDs from ▨other fꦕinancial institutions.
Money market account: Money market account can also provide a return on your savings. Check the 澳洲幸运5官方开奖结果体彩网:best money market account rates to see how it compares.
Treasury securities: These government-backed bills, notes, and bonds sometimes offer even higher rates than CDs and may be more liquid.

Frequently Asked Questions (FAQs)

What Are the Benefits of Opening a CD Account at Vanguard?

Vanguard offers 澳洲幸运5官方开奖结果体彩网:brokered CDs with competitive APYs and a wide range of flexible terms. It also doesn’t charge penalties for early redempౠtion, though you’ll have to pay a fee for secondary trades, and for buying a CD from a seller. Newly issued CDs don’t have a fee.

Another benefit of opening a CD with Vanguard is the ability to increase your FDIC insurance beyond $250,000. If you༺ open multiple CDs with different banks, you’ll get $250,000 in FDIC insurance from each bank.

Does Vanguard Have an Early Withdrawal Penalty for CDs?

Vanguard doesn’t charge an 澳洲幸运5官方开奖结果体彩网:early withdrawal penalty for CDs, but it 🔥doesn’t guarantee the original face amount of the pu🦩rchase if you sell your CD prior to maturity.

Is Vanguard FDIC-Insured?

Vanguard’s CDs are brokered through other banks, allowing you to get more than the typical $250,000 in 澳洲幸运5官方开奖结果体彩网:FDIC coverage you get at a single bank. With Vanguard, you’ll get up to $250,000 in coverage from each bank that sells you a brokered CD.

Is There a Maximum Deposit for Vanguard CD Accounts?

Vanguard does not indicate a maximum deposit for its CD accounts. Each account requires a minimum deposit of $1,000, and you must make additional purchases in increments of $1,000. Learn more about 澳洲幸运5官方开奖结果体彩网:opening a CD account.

Your Guide to CDs

Article Sources

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