South Carolina CD Rates Today - Compare Best APYs for July 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Current South Carolina CD rates include Founders Federal Credit UnionFounders Federal Credit Union607 N Main St, Lancaster, SC 29720A+5.0 ★Texas Ratio: 4.16%Real return: +1.78%APY minus CPI (February 2026) offering SmartStart 12 Month Certificate at 4.58% APY, Woodruff Federal S&LWoodruff Federal S&L247 N Main St, Woodruff, SC 29388A+5.0 ★Texas Ratio: 1.56%Real return: +1.26%APY minus CPI (February 2026) offering CDs 48 month at 4.06% APY, REVREV200 Marymeade Dr, Summerville, SC 29483A+5.0 ★Texas Ratio: 3.60%Real return: +1.20%APY minus CPI (February 2026) offering 12 Month Special at 4.00% APY, AllSouth Federal Credit UnionAllSouth Federal Credit Union5470 Jackson Blvd, Columbia, SC 29207A+5.0 ★Texas Ratio: 1.31%Real return: +1.12%APY minus CPI (February 2026) offering 12 Month IRA Certificate at 3.92% APY, and Beacon Community BankBeacon Community Bank2347 Highway 17n, Mount Pleasant, SC 29466A+5.0 ★Texas Ratio: 0.00%Real return: +1.11%APY minus CPI (February 2026) offering 12 Months at 3.91% APY. CD rates as of July 25, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare CD rates across all terms in South Carolina side-by-side. South Carolina CD rates currently reach as high as 4.58% APY from Founders Federal Credit Union at 607 N Main St, Lancaster, SC 29720. Rates are continually updated — we recommend checking back frequently.
The Annual Percentage Yields (APYs) displayed reflect actual verified offers from top-rated institutions. Rates are subject to change at the institution's discretion without notice and may depend on your initial funding amount. A substantial penalty may be imposed for early withdrawal, which could reduce earnings on the account. CD Rates Last Updated and Verified: July 25, 2026
Compare Best CD Rates in South Carolina
South Carolina 3 Month CD Rates
Preferred APY: 2.60%
Rates and other terms are subject to change at any time without prior notice. All dividends are calculated by daily balance method and paid quarterly. A penalty is imposed for early withdrawal. Dividends are compounded and credited quarterly.
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 0.06%. Early withdrawal penalties may apply. Additional terms are available at a branch.
South Carolina 6 Month CD Rates
Preferred APY: 3.25%
Rates and other terms are subject to change at any time without prior notice. All dividends are calculated by daily balance method and paid quarterly. A penalty is imposed for early withdrawal. Dividends are compounded and credited quarterly.
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 0.06%. Early withdrawal penalties may apply. Additional terms are available at a branch.
South Carolina 12 Month CD Rates
Deposits allowed at any time! Fixed rate with guaranteed dividends
APY assumes no principal or interest withdrawn prior to maturity. Interest is compounded quarterly and credited in accordance with the terms of the account. Penalties could be imposed for early withdrawal. Fees could reduce the earnings on the account.
Lock in 3.75% APY* for 12 months and watch your savings grow. *APY = Annual Percentage Yield
Available to members 17 years of age and under. Rates effective as of October 20, 2025. Minimum to open is $100. Additional deposits of $25 or more may be made any time. Dividends are credited and compounded quarterly. You must maintain an average daily balance equal to or greater than the minimum opening deposit to earn the annual percentage yield and avoid any service charges set forth in the Schedule.
Rates effective as of October 20, 2025. Available to members 17 years of age and under. Minimum to open is $100. Additional deposits of $25 or more may be made any time. Dividends are credited and compounded quarterly. You must maintain an average daily balance equal to or greater than the minimum opening deposit to earn the annual percentage yield and avoid any service charges set forth in the Schedule.
Preferred APY: 3.75%
Preferred APY: 2.60%
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 1.51%. Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 1.51%
Relationship APY: 1.00%
Rates and other terms are subject to change at any time without prior notice. All dividends are calculated by daily balance method and paid quarterly. A penalty is imposed for early withdrawal. Dividends are compounded and credited quarterly.
South Carolina 18 Month CD Rates
APY assumes no principal or interest withdrawn prior to maturity. Interest is compounded quarterly and credited in accordance with the terms of the account. Penalties could be imposed for early withdrawal. Fees could reduce the earnings on the account.
APY assumes no principal or interest withdrawn prior to maturity. Interest is compounded quarterly and credited in accordance with the terms of the account. Penalties could be imposed for early withdrawal. Fees could reduce the earnings on the account.
Preferred APY: 3.50%
Rates and other terms are subject to change at any time without prior notice. All dividends are calculated by daily balance method and paid quarterly. A penalty is imposed for early withdrawal. Dividends are compounded and credited quarterly.
South Carolina 24 Month CD Rates
Preferred APY: 3.55%
APY assumes no principal or interest withdrawn prior to maturity. Interest is compounded quarterly and credited in accordance with the terms of the account. Penalties could be imposed for early withdrawal. Fees could reduce the earnings on the account.
Rates and other terms are subject to change at any time without prior notice. All dividends are calculated by daily balance method and paid quarterly. A penalty is imposed for early withdrawal. Dividends are compounded and credited quarterly.
South Carolina 36 Month CD Rates
Preferred APY: 3.25%
APY assumes no principal or interest withdrawn prior to maturity. Interest is compounded quarterly and credited in accordance with the terms of the account. Penalties could be imposed for early withdrawal. Fees could reduce the earnings on the account.
Rates and other terms are subject to change at any time without prior notice. All dividends are calculated by daily balance method and paid quarterly. A penalty is imposed for early withdrawal. Dividends are compounded and credited quarterly.
South Carolina 48 Month CD Rates
APY assumes no principal or interest withdrawn prior to maturity. Interest is compounded quarterly and credited in accordance with the terms of the account. Penalties could be imposed for early withdrawal. Fees could reduce the earnings on the account.
Preferred APY: 3.35%
South Carolina 60 Month CD Rates
Preferred APY: 3.45%
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
South Carolina CD Rate Trends
Compare local South Carolina CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
South Carolina 12-month CD rates rose 0.297 points over the past 7 days to 2.656% APY.
South Carolina 6-month CD rates rose 0.132 points over the past 7 days to 1.298% APY.
SC CD Rate Forecast — Next 12 Months
Where are South Carolina CD rates headed through July 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
What Your Savings Earn at SC CD Rates Today
Annual interest earnings at today’s South Carolina average APYs. State average used where available; national average as fallback.
| CD Term | SC Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 0.618% | $30.88 | $61.76 | $154.40 | $308.80 |
| 6-Month CD | 1.298% | $64.91 | $129.81 | $324.53 | $649.05 |
| 12-Month CD | 2.656% | $132.79 | $265.57 | $663.93 | $1,327.85 |
| 18-Month CD | 2.307% | $115.33 | $230.66 | $576.65 | $1,153.30 |
| 24-Month CD | 2.831% | $141.55 | $283.10 | $707.75 | $1,415.50 |
| 36-Month CD | 2.659% | $132.97 | $265.93 | $664.83 | $1,329.65 |
| 48-Month CD | 2.948% | $147.40 | $294.79 | $736.98 | $1,473.95 |
| 60-Month CD | 2.756% | $137.80 | $275.60 | $689.00 | $1,378.00 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of July 25, 2026. | |||||
Sample CD Ladder for South Carolina Savers
$25,000 split equally across 5 terms using today’s South Carolina average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | SC Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 0.618% | $30.88 |
| 2 | 6-Month CD | $5,000 | 1.298% | $64.91 |
| 3 | 12-Month CD | $5,000 | 2.656% | $132.79 |
| 4 | 24-Month CD | $5,000 | 2.831% | $141.55 |
| 5 | 36-Month CD | $5,000 | 2.659% | $132.97 |
| Total ($25,000 invested) | $25,000 | 2.012% blended | $503.10/yr | |
Ladder example uses equal $5,000 rungs and South Carolina average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
Tracked in South Carolina
About Our South Carolina CD Rate Database
MonitorBankRates tracks 175 CD rates from 10 banks and 14 credit unions with locations in South Carolina, plus national online institutions available to South Carolina residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.
Current top rate: Founders Federal Credit Union offers a CD at 4.58% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in South Carolina.
How to Find the Best CD Rates in South Carolina
What to compare when shopping for a CD in South Carolina
To find the best APYs in South Carolina, start with credit unions and online-only banks — South Carolina has 14 credit unions in our database, and they consistently offer some of the highest yields because they have lower overhead than traditional banks and compete aggressively for deposits.
Always compare the APY (Annual Percentage Yield), not just the interest rate. The APY reflects compounding and is the true measure of what you’ll earn.
Also compare the early withdrawal penalty. Common penalties range from 30 to 180 days of interest depending on the term. If you’re unsure whether you’ll need the funds early, a no-penalty CD or a high-yield savings account may be a better fit.
When a CD Makes Sense in South Carolina
- You have a planned expense coming up and want your savings to earn while you wait
- You expect rates to fall and want to lock in today’s rate
- You want FDIC or NCUA protection with a guaranteed fixed return
- You prefer banking with an institution that has a local branch in South Carolina — 24 institutions here report CD rates
Consider an Alternative If…
- You may need funds within 30 days → South Carolina savings rates
- Rates are rising and you want to benefit → Variable-rate savings or MMA
- You want check-writing access → South Carolina money market rates
South Carolina Financial Snapshot
Local demographics and economic context for CD savers — Source: U.S. Census Bureau ACS 2024
18.9% of residents are 65 or older, in line with the national average of 17.3%. At today’s SC 12-month CD average of 2.656%, saving 10% of the local median salary ($4,152/year) and putting it in a CD would earn an additional $110 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
CD Rates vs. Other Savings Options in South Carolina
What to compare when choosing between a CD and other deposit accounts
| Feature | CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked for term | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (months of interest) | None | None | Penalty (90–180 days interest) |
| FDIC / NCUA Insured | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) |
| Check / Debit Access | No | Usually no | Often yes | No |
| Best For | Known savings goal, CD ladder | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
How Certificates of Deposit Work in South Carolina
A certificate of deposit (CD) is a deposit account that holds a fixed sum of money for a fixed term, commonly three months to five years, in exchange for a guaranteed interest rate. In return for leaving the money untouched until the term ends, a saver in South Carolina typically earns a higher rate than a standard savings account pays. CDs from banks are insured by the FDIC and those from credit unions by the NCUA, in South Carolina as everywhere in the U.S.
Choosing a CD Term in South Carolina
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give South Carolina savers easier access to their funds. For example, Beacon Community Bank is offering its 6 Months at 3.90% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, Founders Federal Credit Union is offering its 60 Month Certificate at 4.27% APY. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term, so it helps to match the term to when the money will actually be needed.
CD Risk and Safety for South Carolina Savers
CDs are among the lowest-risk savings products available because the rate is fixed for the full term and the balance is federally insured up to $250,000 per depositor, per institution, per ownership category. For a South Carolina saver, the main trade-off is liquidity: withdrawing funds before maturity usually triggers an early-withdrawal penalty, often 30 to 180 days of interest depending on the term.
How CD Interest Is Paid in South Carolina
Interest on a CD is calculated using the annual percentage yield (APY), which reflects the effect of compounding over a year. Depending on the institution, interest may be credited monthly, quarterly, or at maturity, and can be paid out to a linked account or added back to the CD to compound. When comparing the South Carolina CDs listed above, a saver gets the truest picture of total earnings by looking at APY rather than the nominal rate.
Fixed vs. Variable CD Rates in South Carolina
Most CDs carry a fixed rate that is locked for the entire term, protecting a South Carolina depositor if market rates fall after the account is opened. Some institutions offer variable-rate or bump-up CDs whose rate can change during the term; these may start lower but allow the rate to rise if conditions improve. Which is better depends on the direction a saver expects rates to move.
Frequently Asked Questions about CD Rates in South Carolina
Are CD rates in South Carolina FDIC insured?
Do I have to pay state taxes on CD interest in South Carolina?
Can I withdraw my money early from a CD?
What is the difference between a Jumbo CD and a regular CD?
Are fixed-rate CDs better than variable-rate CDs?
What is a CD ladder?
Best CD rates in South Carolina?
- Founders Federal Credit Union: 4.58% APY (SmartStart 12 Month Certificate)
- Woodruff Federal S&L: 4.06% APY (CDs 48 month)
- REV: 4.00% APY (12 Month Special)
- AllSouth Federal Credit Union: 3.92% APY (12 Month Certificate)
- Beacon Community Bank: 3.91% APY (12 Months)
- Carolinas Telco Federal Credit Union: 3.82% APY (IRA Certificate Accounts 6 month)
- SRP Federal Credit Union: 3.75% APY (12-Month Share Certificate)
- Upstate Federal Credit Union: 3.65% APY (12 Months)
- Honda Federal Credit Union: 3.60% APY (2 Years)
- South Carolina State Federal Credit Union: 3.60% APY (12 months Youth Certificate)
CD Calculators for South Carolina
At today’s SC top rate of 4.58% APY, a $10,000 deposit earns $458 in the first year. Enter your amount to see your exact return.
South Carolina CD LadderSC CD rates currently range from 0.618% (3-month) to 2.659% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a South Carolina CD at 4.58% APY, know your exit cost. Most institutions charge 90–180 days of interest — calculate your real net return if you need early access.
CD vs. High-Yield SavingsSouth Carolina’s average 12-month CD is 2.656% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our South Carolina CD rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for South Carolina directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions' own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in South Carolina. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions available to savers in SC.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly, every CD product listed features its own specific “last updated” date for full transparency.
Cities in South Carolina
