Download the Schwab app from iTunes®Get the AppClose

  • Find a branch
  • Chat
To expand the menu panel use the down arrow key. Use Tab to navigate through submenu items.

Accounts & Products
Questions? Get answers now. Live Chat.



Schwab CD OneSource® offers you the ability to purchase CDs from banks across the country. Extend your FDIC coverage and receive great CD rates—all within the convenience of one brokerage account.

What are the benefits of buying CDs at Schwab?

  • More choices of CDs. You’ll find a great selection of competitive CD rates and maturities from a wide range of banks across the country.
  • Expanded FDIC insurance coverage. All CDs in CD OneSource are offered by FDIC-insured banks. Bank CDs are insured up to $250,0001 for an individual account and $500,000 for a joint account (up to $250,000 for each of the two joint account holders). At Schwab, each CD you purchase from a different institution is FDIC-insured at this level, so if you own two $250,0001 CDs from two different banks in an individual account, you’re covered for $500,000.
  • More convenience. CDs can be purchased 22 hours a day, 7 days a week.
  • Greater simplicity. You can purchase CDs online in your Schwab account as you would a stock or mutual fund.
  • More liquidity. Schwab offers access to a secondary marketplace for CDs. If you want to sell a CD prior to maturity, we’ll request bids on your CD and contact you with the highest one. If you decide to sell, you’ll receive the bid price plus any accrued interest. There are no guarantees that you’ll get what you originally paid for the CD.2

Why CDs?

If you can set aside as little as $1,000 for three months or more, CDs give you:

  • Principal protection
  • A locked-in rate for the maturity term you want
  • A predictable payout
  • A commission-free purchase, in most cases3
  • The safety and security of FDIC insurance for up to $250,0001 per depositor per institution
Sample of CD rates available at Schwab through CD OneSource Marketplace.
Maturity Ranges (as of 9/25/2016) Rates up to
1-3 Month CDs 0.601% APY
4-6 Month CDs 0.701% APY
7-9 Month CDs 0.751% APY
10-18 Month CDs 0.85% APY
1.5-2.5 year CDs 1.2% APY

Ready to get started?

Open an Account or log in to CD OneSource.

Need help? Call 866-232-9890.