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  5. Flexible Rate CD

Flexible Rate CD

Your savings. Your terms.

Get more from your money while keeping it at your fingertips with a Comerica Flexible Rate CD. This flexible solution was designed to help you add earning power to your savings. Packed with the features to meet your needs, this versatile CD will help you maximize your earning power.

Features

  • Account Term: One year
  • The ability to earn higher interest rates on higher balances, so the more you save, the more you earn
  • Interest paid and compounded monthly. Interest paid may be automatically transferred into your Comerica Checking, Savings or MMIA, or paid directly to you by check1
  • Make additional deposits of $100 minimum at any time
  • Balances before CD maturity may be used to meet the monthly minimum to wave maintenance fees on certain personal checking accounts.2
  • A one-time withdrawal of up to 50% of the principal balance may be made without an early withdrawal penalty3,4.  Otherwise, a penalty will be imposed for early withdrawal.
  • Automatic renewal5
  • Comerica Bank is a Member FDIC. Accounts insured up to the maximum amount allowed by law. For additional information on FDIC insurance, click here

Rates

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Get Started.

If you want to apply for this account, please visit a Comerica banking center.

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Account Documents

Also Consider

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.

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