Charles Schwab updates CD rates in April 2026

Charles Schwab posted a revised certificate-of-deposit rate schedule in April 2026 on its customer site. The changes cover CDs offered directly by Charles Schwab Bank and third-party brokered CDs available through Schwab brokerage accounts. The new yields apply to CDs opened after the April posting; existing CDs continue to pay their contractual rates until maturity.

Schwab's table shows adjustments across short-, medium- and long-term maturities. Minimum purchase amounts, term lengths and early withdrawal penalties remain set by the issuing bank and vary by issue. FDIC protection applies to bank CDs and to brokered CDs issued by FDIC-member banks, subject to standard coverage limits for single-owner and joint accounts.

Brokered CDs available through Schwab brokerage accounts can sometimes be bought or sold on the secondary market before maturity; prices on that market change with interest rates and carry market risk. Bank CDs held at Charles Schwab Bank generally are not traded on a secondary market and require withdrawals under the issuing bank's penalty rules.

Factors that commonly influence CD pricing include Treasury yields, money market rates and Federal Reserve guidance. Banks and brokerage platforms adjust retail CD rates in response to those indicators and competitive conditions.

Customers can view the updated rate tables on Schwab's website or contact a Schwab representative for details on specific issues, minimums and FDIC coverage. Disclosure documents and order confirmations available on the platform list issuer terms, call features and penalties for each CD.