The Best Fixed Annuity and CD Rates in Delaware (April 2024)

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Welcome to our comprehensive guide, designed explicitly for Delaware (DE) residents, known as “The First State” for its rich history. This guide aims to help you grow your money through informed decision-making about your savings and investment options. Although small, Delaware boasts an array of banks, credit unions, and online platforms that offer competitive savings and investment products. We’ll be highlighting the best certificate of deposit interest rates, bringing you up-to-date with the current interest rates for savings accounts, and examining the top money market savings rates available. Furthermore, we’ll investigate the fixed annuity rates to help you secure your financial future. Our detailed analysis and emphasis on the most favorable interest rates make your path to increased wealth and financial security more apparent than ever. Let’s get started on this financial exploration together!

The Best CD Rates in Delaware:

CDs, or Certificates of Deposit, are a popular investment option for those who want a guaranteed return on their money. In Delaware, many financial institutions are offering competitive CD rates.

3-Month CD Rates

Banks and credit unions have the highest CD rates for three months.

Best 3-Month CD RatesRateTermMinimum
Ponce Bank5.35% APY3 Months$1.00
Total Direct Bank5.42% APY3 Months$25,000.00
Western Alliance Bank5.26% APY3 Months$1.00

6-Month CD Rates

The following banks and credit unions have the highest CD rates for six months.

Best 6-Month CD RatesRateTermMinimum
American Airlines Federal Credit Union5.50% APY6 Months$1,000.00
My eBanc5.49% APY6 Months$50,000.00
Newtek Bank5.55% APY6 Months$50,000.00

1-Year CD Rates

The following banks and credit unions have the highest CD rates for 12 months.

Best 12-Month CD RatesRateTermMinimum
Broadway Bank5.60% APY12 Months$500,000.00
Nex Bank5.40% APY12 Months$25,000.00
Apple Federal Credit Union5.40% APY12 Months$500.00

2-Year CD Rates

Banks and credit unions have the highest CD rates for 24 months.

Best 2-Year CD RatesRateTermMinimum
Mountain Credit Union5.00% APY24 Months$2,500.00
Eastman Credit Union5.40% APY24 Months$1,000.00
Credit Human4.75% APY24 Months$500.00

3-Year CD Rates

Banks and credit unions have the highest CD rates for 36 months.

Best 3-Year CD RatesRateTermMinimum
Mountain Credit Union5.15% APY36 Months$2,500.00
Hughes Federal Credit Union4.97% APY36 Months$99,000.00
Lafayette Federal Credit Union4.58% APY36 Months$100,000.00

4-Year CD Rates

The following banks and credit unions have the highest CD rates for 48 months.

Best 4-Year CD RatesRateTermMinimum
Bread Savings4.15% APY48 Months$1,500.00
NexBank4.45% APY48 Months$10,000.00
Fedchoice Federal Credit Union4.15% APY48 Months$500.00

5-Year CD Rates

Banks and credit unions have the highest CD rates for 60 months.

Best 5-Year CD RatesRateTermMinimum
Quontic4.30% APY60 Months$500.00
Lafayette Federal Credit Union4.37% APY60 Months$100,000.00
Virginia Credit Union4.48% APY60 Months$100,000.00

The Best Fixed Annuity Rates in Delaware:

Fixed annuities are another popular investment option for those looking for a guaranteed return on their money. In Delaware, many financial institutions are offering competitive fixed annuity rates. Here are some of the best options available:

Disclaimer: Products are subject to state availability. Please inquire below for details.

Next Steps

In conclusion, investing your hard-earned money can be a challenging task. Achieving financial stability isn’t easy, but it can be possible with the help of suitable investment options. To those considering saving for their future in Delaware, we’ve researched the top CD and fixed annuity rates, so you don’t have to. Whether you’re looking for a short-term or long-term option that meets your goals and provides an excellent rate of return on investment, you can trust us to get you there.

If you’re ready to plunge into financial investing, contact us today for a quote! Doing so will put you one step closer to investing in your future and alleviate some of the stress of finding the right option. With our help, you can confidently make sound investments and protect your peace of mind for years.

The Best Fixed Annuity Rates And The Best Cd Rates In Delaware.

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Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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