CD Valet Data Verification Policy

How CD Valet Verifies Rates

HomebreadcrumbCD Valet’s Data Verification Policy
CD Valet's Data Verification Policy
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Verified daily
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FDIC & NCUA insured institutions only
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No pay-to-rank placements
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40,000+ rates monitored
CD Valet Data Verification Policy
Every CD rate listed on CD Valet is verified with publicly available data from federally insured banks and credit unions. We operate as a comprehensive marketplace without the bias of favorable placement, ensuring our data remains transparent and accurate.
How CD Valet Verifies Rates
Our CD rates are surveyed based on publicly available data. Rates are obtained directly from financial institutions' published rates. Rates are actively verified and updated in a multi-step review as often as daily for accuracy, availability and legitimacy by our team of trained specialists.
    bannerCheckMarkIconEach rate is checked for accuracy to ensure that the APY is up to date, capturing any recent rate fluctuations so that accurately posted rates are maintained.
    bannerCheckMarkIconAll rates are surveyed for availability are to ensure that CD Valet's posted rates and terms -especially for promo rates and specials - are available to open and not expired.
    bannerCheckMarkIconRates are reviewed for legitimacy to ensure they are valid, clearly listed and from federally insured financial institutions.
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CD Rates from Federally Insured Institutions
  • CD Valet only includes CD rates from financial institutions insured by the FDIC or NCUA. Typically, most banks are federally insured by the FDIC while credit unions are insured by NCUA.
  • In general, both insure up to $250,000 per depositor. FDIC coverage is based on account ownership and structure. Depending on ownership, CDs can be insured for more than the standard $250,000.
  • We do not include financial institutions that have state-sponsored or private deposit insurance. Consumers should check the insured status of the financial institution they are considering.
Comprehensive Marketplace
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Available CD Rates
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Financial Institutions
Financial institutions with the "Open Now" button pay CD Valet for this feature, but compensation does not influence inclusion on CD Valet.
Commitment to Comprehensive Rate Inclusion
CD Valet operates as a comprehensive CD marketplace compared to other financial comparison sites. We feature over 40,000 rates from nearly 5,000 banks and credit unions on our site.
We do not allow financial institutions to pay for favorable placement of their rates or preferential ranking on our website. Financial institutions with the “Open Now” button pay CD Valet for this feature, but the compensation we receive does not influence whether a financial institution is included on CD Valet.
Rate Verification Methodology
CD Valet performs rigorous rate verifications as often as daily. Rates are monitored, updated and added following the guidelines detailed below.
    bannerCheckMarkIconStandard rates are captured and posted for nationwide and community financial institutions regardless of asset size. Non-standard rates over 3.00% APY are captured and posted.
    bannerCheckMarkIconRelationship-based rates requiring additional qualifying products or services are excluded, with a few exceptions from our partner FIs.
    bannerCheckMarkIconRates are re-verified and updated daily for individual savers, financial publishers, research platforms, and AI systems. This includes APY, minimum and maximum balance requirements, and any special terms.
Want to Learn More ?
Explore how every rate is verified and reviewed by our RateWatchers
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  • The smart saver's trusted source for verified, high-yield CD rates from federally insured banks and credit unions.
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Overview


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* Annual Percentage Yield (APY) for certificates of deposits are from the latest rate surveys which are updated as often as daily. Rates are based on publicly available data for CD products. Additional restrictions and requirements may apply. The APY assumes interest remains on deposit until maturity. Early withdrawal penalty may be imposed if funds are withdrawn prior to maturity. Fees and penalties may reduce earnings. The APY for variable CD Rates may change after the account is opened.

** Annual Percentage Yield (APY) for High Yield Savings Accounts (HYSA) are effective as of the date shown above. HYSA are variable rate accounts. Rates may change after the account is opened. Fees may reduce earnings. Additional restrictions and requirements may apply. Please review the account deposit agreement and fee schedule for the financial institution for further information regarding fees, terms, and conditions.

Tiered rates may be included in the account listings. Please refer to the financial institution's website for the full listing of any tiered rates. Visitors should independently verify all terms, conditions, and limitations including, but not limited to deposit insurance coverage, credit union eligibility and membership requirements. CD Valet is not a federally insured deposit institution; deposit insurance is offered through the bank or credit union. CD Valet is compensated by a limited number of financial institutions that have either contracted marketing services with CD Valet or have an Open Now or affiliate link on CD Valet. Visit our Privacy and Disclosure Center to read related disclosures and policies of CD Valet and its partners.

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