Fixed Rate CD

Enjoy a higher rate of return.

Put your money to work for you with a Comerica Fixed Rate CD. This powerful tool will allow you to boost your finances by locking in an interest rate over a specified period of time. Comerica offers a wide variety of fixed rate terms to choose from, making it easy to find the solution that best meets your savings ​strategy. Growing your wealth is simple with a Comerica Fixed Rate CD.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​


  • The ability to earn higher interest rates on higher balances, so the more you save, the more you earn
  • Interest paid or compounded monthly. For CDs with a term of 7 to 29 days, interest is compounded and paid at maturity. Interest may be automatically transferred into your Comerica Checking, Savings or MMIA, or paid directly to you by check1,2
  • Automatic renewal convenience of account automatically renewing with current markets' interest rate at maturity3
  • Balances may be used to meet the monthly minimum to waive maintenance fees for certain checking accounts4
  • Comerica Bank is a Member FDIC. Accounts insured up to the maximum amount allowed by law. For additional information on FDIC insurance, click here.
  • If you have a Comerica checking relationship this may qualify for an interest rate bonus

If you have any questions about these products, interest rates or Annual Percentage Yields (APYs), please talk to one of our financial service representatives at any of our convenient banking centers or call our Customer Contact Center toll free at 800.292.1300 (Eastern) or 800.589.1400 (Central/Mountain/Pacific).


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Account Documents

1 Minimum balance required to receive interest payments by check is $5,000. No compounding will occur if interest is paid to the customer by check or transfer to Comerica deposit account.

2 A penalty will be imposed for early withdrawal.  Fees could reduce earnings on the account.

3 At account maturity there is a grace period to make changes to the account. For account terms of less than 30 days, a 3-day grace period to close or negotiate the account without penalty. For account terms of 30 days or more, there is a 10-day grace period to close or negotiate the account without penalty.

4 Your CD balance may be used to meet the monthly minimum for waiver of maintenance and other related fees on your Comerica checking account. For more information please refer to the Personal Services and Charges Brochure under Tools & Resources on the right.
† A penalty may be imposed for an early withdrawal. 

†† A penalty may be imposed for an early withdrawal.