Enjoy a higher rate of return.
Put your money to work for you with a 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 stable interest rates, so the more you save, the more you earn
- Interest paid or compounded monthly1,2. For CDs with a term of 7 to 29 days, interest is compounded and paid at maturity.
- Automatic renewal3
- Comerica Bank is a Member FDIC. Accounts insured up to the maximum amount allowed by law. For additional information on FDIC insurance, click here
1 Minimum balance required to receive monthly interest payments by check is $5,000. No compounding will occur if interest is not paid into the CD.
2 A penalty may be imposed for early withdrawal. Fees could reduce the 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 the account; for account terms of 30 days or more, a 10-day grace period to close the account.
† Interest on CD terms of 7-29 days is paid at maturity. A penalty may be imposed for early withdrawal.
†† A penalty may be imposed for early withdrawal.