Best Michigan CD Rates | 1-Month to 5-Year CDs for MI Consumers with Good Credit Histories

Are you looking for the best CD account rates to help your savings grow over time?

If you live in Grand Rapids, Detroit, Warren, Lansing, Ann Arbor, or any other Michigan city, this article was made especially for you.

Here at AdvisoryHQ, we know all too well that the first step in finding the best financial products in Michigan comes from conducting smart, thorough research to compare offers from multiple providers.

Michigan residents have plenty of financial products to choose from to help them meet a variety of needs and goals, both short-term and long-term.

Whether you’re interested in a short-term or a long-term financial product, it’s important to find the best rates in MI to ensure that your savings can grow.

Best CD Rates in Michigan

Detroit, MI

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Which MI City Are You Located In?

Below is a list of the largest cities in MI. Click here to go to the rate table displayed above to view current rates on financial products in MI. 

Largest Cities in Michigan

Population (2016)

Grand Rapids196,445
Sterling Heights132,427
Ann Arbor120,782

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Best High Yield Savings Rates vs Best CD Rates in MI

When looking for the best CD rates in Detroit, Lansing, Troy, Ann Arbor, or any other Michigan cities, it’s important to conduct thorough research to get the best CD rates in MI for you.

As an additional consideration, you may find that some online banks and financial institutions may offer better CD rates in MI than your local bank. With this in mind, you shouldn’t limit yourself to only searching for Michigan CD rates. 

Conversely, you might also want to consider high-yield savings accounts in MI. Some online high-yield savings accounts offer much higher rates than the highest CD rates you will find in MI.

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Conclusion: Getting the Top CD Rates in MI

In conclusion, finding the best CD rates in MI will largely depend upon two things: your location and the type of CD that you are interested in.

No matter what type of account you choose, a CD can be a great option for consumers that struggle with keeping their savings intact long enough for their account to grow.

Consider your financial goals, your current savings plan, and the best CD rates in MI to choose the best savings account for your personal financial goals.

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CD, Saving and MMA Rate Table Disclaimer

Click here to read AdvisoryHQ’s disclaimer on the rate table(s) displayed on this page.

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AdvisoryHQ (AHQ) Disclaimer:

Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.