USAA provides a good variety of CD terms. The terms range from three-months to seven-years. They offer fixed-rate CDs, jumbo and super jumbo CDs, and variable-rate CD terms. Each of these types of CDs offers different term lengths.

The standard fixed-rate CDs have low opening required amounts. Each of those CD terms requires $1,000 to open and earn interest. The standard CD terms range from 91-days to seven years. The variable-rate CDs only require $250 to open.

The USAA standard fixed-rate CDs offer competitive interest rates. The rates are competitive with other online CDs. They are much higher than the typical bank rates. These CD interest rates are not tiered. Any amount above the required opening amount earns competitive rates.

Everything for your USAA accounts can be done online. You can apply to become a member online. Once you are approved, you can open their CDs and other accounts online. They also offer a mobile app.

The jumbo and super jumbo CDs with USAA have high opening required amounts. The jumbo CDs require $95,000 to open. Super jumbo CDs require $175,000 to open. Standard CDs require $1,000 to open.

To transfer money electronically into your USAA CD, you must link another account. This linked account can be an external account or another account with USAA. Once the account is verified, you can transfer money electronically.

To open accounts with USAA, you must first become a member of the bank. Those who are eligible to join include active military and former military members. Eligible family members of those serving, cadets, and midshipmen are also able to join.

USAA CDs offer competitive rates, but not an interest rate guarantee. If the interest rates increase shortly after you open your CD, your USAA rates will not increase. Each of the CD terms offers competitive rates.

Read the full USAA review.

There is a good variety of CD terms available through Bangor Savings Bank. The terms range from three-months to 60-months. There are a total of nine different CD terms offered through Bangor Savings Bank.

Bangor Savings Bank CDs offer competitive interest rates. The rates are competitive with other online CDs. Bangor Savings Bank CDs interest rates are slightly lower than other online CD terms. These CD rates are much higher than typical bank rates. Even the short-term CDs offer competitive interest rates.

The opening required amount is the same for each CD term. Each Bangor Savings Bank requires $500 to open. You must keep this balance in your CD to earn the competitive interest rates on these CDs.

There are a number of ways to contact customer service with Bangor Savings Bank. They have branch locations in Maine and New Hampshire. They offer live chat, email, mail, and phone options to contact customer service. You can also follow Bangor Savings Bank on Facebook, Twitter, LinkedIn, and Twitter.

You cannot open any of the Bangor Savings Bank CD accounts online. To open a CD with this bank you must visit a local branch location. Bangor Savings Bank has over 50 branch locations in Maine and New Hampshire.

The CDs available through Bangor Savings Bank have tiered interest rates. To earn the most competitive interest rates you must be a Benefits Plus Customer. To be a Benefits Plus Member you must meet certain requirements. Talk to customer service about those requirements when you open your CD.

If you withdraw money before your CD reaches the maturity date, Bangor charges a penalty. The penalty for most of the CD terms ends up being half of the earned interest of the CD term. For CDs with a term length of 12-months, the penalty is six-months of interest. For 36-month CDs, the penalty is 18-months of interest. The 48-month and 60-month CDs both have the penalty of 24-months of interest.

Bangor Savings Bank does not offer an interest rate guarantee. The interest rate you earn for the life of the CD term is the rate on the day you open the CD. If the rates increase shortly after you open your CD, your interest rate will not increase.

Read the full Bangor Savings Bank review.