When the CD reaches its maturity date, we'll automatically offer to renew it. Renewal offers stay available until the grace period ends or when the CD has been renewed, whichever comes first. Your grace period can be found on the Overview tab when viewing your CD in digital banking. 

Please note, only personal CDs can be renewed through digital banking; business CDs need to be renewed at one of our branches. See also: How can I find a U.S. Bank ATM or branch location near me?

To renew your CD using online banking and the U.S. Bank Mobile App

1. Select your CD account from the dashboard, then choose View maturity options.
2. Select the renewal option you'd like, then choose Continue.
3. If you’re renewing with your current balance:
   1. Enter your current CD balance, choose a term and APY, then select Continue.
   2. Choose how often you want to receive interest payments and how you’d like that interest dispersed. Then select Continue.
4. If you’re renewing with more than the current balance:
   Note: You can choose to add funds using an external bank account or your U.S. Bank deposit account.
   • If you’re adding funds from an external bank account:
     1. Enter how much you’d like to add. The total should include your current CD balance and any additional amount you want.
     2. Choose a term and APY, then select Continue.
     3. Choose how often you want to receive interest payments and how you’d like that interest dispersed. Then select Continue.
     4. Select an external funding option and follow the steps provided, based on your selection. Choices include:
        • Use an existing external account (i.e., one that’s already on file).
        • Log in to another bank.
        • Enter your account information for another bank.
     5. Select Continue.
   • If you’re adding funds from a U.S. Bank account:
     1. Enter how much you’d like to add. The total should include your current CD balance and any additional amount you want.
     2. Choose a term and APY, then select Continue.
     3. Choose how often you want to receive interest payments and how you’d like that interest dispersed. Then select Continue.
     4. Choose the U.S. Bank account you’d like payments sent to, then select Continue.
5. If you’re renewing with less than the current balance, decide how much you’d like to renew, and complete the form.
   1. Enter how much you’d like to add. This should be less than the current CD balance.
   2. Select a term and APY.
   3. Choose how you’d like the remaining balance refunded to you, then select Continue.
   4. Choose how often you want to receive interest payments and how you’d like that interest dispersed. Then select Continue.
6. Review your renewal information. When ready, choose Submit.