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Top 10 Certificates of Deposit (CD) Accounts for May 2024The most typical minimum balance for a CD is $1,, though some banks have higher or lower amounts. A few banks allow customers to open CDs with no minimum. Minimum deposits vary based on account and financial institution, but a required deposit of around $ to $1, is typical when opening a CD. There's a $10, minimum deposit requirement to open a CD account. CD terms offered. 3 months, 6 months, 12 months, 18 months, 24 months,