Banking

Unlock the Best Deals: CD Valet’s Ultimate Online Marketplace Review!


CD Valet Review

Welcome to the world of smart investing with CD Valet, your go-to marketplace for the best CDs and CD rates across the United States.

Whether you’re a seasoned saver or just diving into the world of certificates of deposit, CD Valet is designed to help you maximize your savings effortlessly.

In today’s financial landscape, securing the highest APY is key to making your money work harder for you.

With a sea of financial institutions touting their CD offerings, finding the best rates may seem daunting. But fear not! CD Valet is your trusty companion, simplifying the comparison process and guiding you to the most attractive options. Join us as we delve into the features that make CD Valet a game-changer for savvy savers!

  • CD Valet is your online hub for easily comparing various CDs.
  • Discover both standard and promotional CD rates at your fingertips.
  • Utilize helpful calculators to project your earnings effortlessly.

What Is CD Valet?

CD Valet is a sleek online marketplace that empowers you to compare CDs from a vast array of financial institutions. While it was brought to life by a bank in Seattle, CD Valet operates independently, making it easy for you to find the perfect CD to suit your individual financial goals.

CD Valet homepage

What Does It Offer?

Easy CD Rate Comparison

CD Valet streamlines the process of comparing standard CD offerings from hundreds of financial institutions. Choose from terms ranging from 12 to 60 months and dive into the details, such as APYs and minimum deposit requirements.

Looking for something shorter? You can even explore unique CDs with terms as brief as one month!

For those aiming for maximum APYs, the ability to sort by APYs makes your search a breeze.

Promotional Offers Galore

Alongside standard CDs, CD Valet allows you to effortlessly compare promotional CD rates from various banks. This feature can help you forge strong relationships with institutions that consistently present enticing APYs.

Currently, promotional options span terms from three to 18 months, with transparent APYs and deposit requirements displayed for your convenience.

By creating a CD Valet account, you’ll gain the ability to curate a watchlist of CDs that catch your eye. Stay ahead of the game and grab the best deals as they come!

Are There Any Fees?

Exciting news! CD Valet doesn’t impose any fees on savers. However, keep in mind that most CDs do come with early withdrawal penalties, so be cautious if you need to access your funds before the term ends. These penalties vary by institution.

Also, note that CD Valet partners may compensate the platform when you sign up for a CD through their site. This means you’re getting a valuable service that also supports the platform!

How Does CD Valet Compare?

While CD Valet offers a fantastic platform for shopping CDs, it’s not the only player in the game.

Raisin, previously known as SaveBetter, is another robust online marketplace for CDs. You can also explore high-yield savings accounts and money market accounts on their platform. You might just find CD options with deposit minimums as low as $1!

If you prefer a more hands-on approach, consider purchasing CDs directly from online banks or fintech firms, many of which boast competitive yields on savings accounts and CDs.

For example, CIT Bank currently offers CDs with yields as high as 3.50%, alongside a Platinum Savings account at 4.35%.

*Max. CD APYs as of January 2, 2025. Rates are subject to change, and terms and account minimums vary.

How Do I Open An Account?

No account is necessary to begin your journey with CD Valet! Simply navigate to the platform’s website and start exploring all your CD options.

If you’re ready to take your savings strategy to the next level, consider signing up for a CD Valet account with just your email address and password. This way, you can create watchlists and receive timely notifications about changing CD rates.

Is It Safe And Secure?

Rest easy! CD Valet doesn’t handle your funds directly; instead, it connects you to FDIC-insured financial institutions. This ensures your investments are protected as long as you choose to open your CD with a reputable, insured institution.

Contact

If you have any questions or need assistance, you can reach CD Valet at 833-232-2096 or via email. Customer reviews on platforms like the App Store and Google Play suggest that users have had overwhelmingly positive experiences with this user-friendly service.

Is It Worth It?

If you’re on a quest for the most competitive CD rates out there, CD Valet is an excellent resource. Its easy-to-use sorting tools make finding the right CD for your financial objectives straightforward and efficient.

However, keep in mind that putting all your funds into a CD might not be the best long-term investment strategy. If you’re curious about diversifying your portfolio, explore our free investing resources.


Discover CD Valet Now >>

Features

Web/Desktop Access


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