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Certificate of Deposit

Earn up to 4.20% APY1
6-month CD

Get started

Have questions? Learn more with FAQs

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More savings. More earnings

Get more with a Simmons Bank CD! Choose your rate below.

4.20% APY1

Take advantage of our highest CD rate.


6-month CD

Minimum balance to open:
$50,000 - $250,000 New Money1

4.00% APY1

Start saving with a lower deposit requirement.


6-month CD

Minimum balance to open:
$5,000 - $49,999.99 New Money1

CD Account Benefits

FDIC-insured

Simmons Bank CD accounts are insured up to the allowable limits of the FDIC.

Lock in returns

You can make better financial plans when you know what you're saving on your CD.

Open anywhere

Open and fund a new CD account right from your mobile device.2

Opening a CD is easier than ever!

With our easy digital account opening, all you need are your ID and SSN!

Get Started

Frequently asked questions

  • Benefits and features are subject to customer qualification and approval by Simmons Bank.
  • All accounts subject to approval. Restrictions apply.

  • 1 Annual Percentage Yield (APY) accurate as of 1/16/2025. Advertised rate subject to change without notice. Minimum opening deposit of $5,000 or $50,000 required to obtain advertised APY. If opened online, the full opening deposit must be New Money, and if opened in person, at least half of the total opening deposit must be New Money.  New Money is money that is not currently on deposit at Simmons Bank.  Not available for public funds. A penalty will be imposed for early withdrawal. Fees may reduce earnings. CD renewal at maturity will be at the prevailing interest rate.

  • Online opening currently only available to residents of Alabama, Arkansas, Arizona, Georgia, Indiana, Kansas, Missouri, Ohio, Oklahoma, South Carolina, Tennessee, and Texas.

  • 2 Data connection required. Wireless carrier fees may apply. Mobile deposit is available to Simmons Bank online and mobile banking customers who are at least 18 years of age and have the most recent Simmons Bank App for iPhone®, iPad®, or Android™.

  • iPhone, iPad, Apple, and the Apple Logo are registered trademarks of Apple Inc.

  • Android, Google Play, and the Google Play logo are trademarks of Google LLC.