No-Penalty CD. Guaranteed return. No penalty to withdraw.

With our No-Penalty CD, you call the shots. Get the power to earn a high rate plus the freedom to withdraw your full balance if you need it beginning 7 days after funding – with no risk of a penalty and no questions asked. Because it’s your money, after all.

 

FDIC Insured

No early withdrawal penalty

Annual Percentage Yield (APY) as of December 14, 2018. Maximum balance limits apply. APY may change before a No-Penalty CD is opened and funded. Withdrawals permitted starting seven days after the funding date. $500 minimum to earn stated APY for No-Penalty CD.

13-month No-Penalty CD

2.25%

Minimum deposit

$500

Early withdrawal penalty

$0

The flexible CD option

Make a one-time withdrawal of your full balance and all the interest you’ve earned – penalty-free – any time after the first 7 days of funding

Keep your money growing. And your options open.

Guaranteed return

Lock in a high-yield so you know exactly how much interest you’ll earn

Keep more of your money

No account opening fee. No maintenance fees. And no penalty for early withdrawal – beginning 7 days after funding.

No balance tiers and no catch

Earn the same high-yield interest rate for any balance, as low as $500

Choose the No-Penalty CD term that works for you

Annual Percentage Yield
Minimum Deposit
Early Withdrawal Penalty
Annual Percentage Yield
Minimum Deposit
Early Withdrawal Penalty
7 Month No-Penalty CD

2.05%

$500

No

11 Month No-Penalty CD

2.10%

$500

No

13 Month No-Penalty CD

2.25%

$500

No

Annual Percentage Yield (APY) as of December 14, 2018. APY may change before a No-Penalty CD is opened and funded

Here’s how the No-Penalty CD works

Click Open an Account

Choose your term and enter information such as name, address, date of birth and social security number

Transfer funds

Link an external account to transfer funds. The minimum deposit is just $500.

Withdraw when you want

Withdraw your full balance and interest – penalty-free – any time beginning 7 days after funding

Open an account in minutes

We're here to help

Savings Specialists are available at our US-based Call Center Monday to Friday from 8 am – 10 pm E.T. and Saturday to Sunday from 9 am – 7 pm E.T.

Still have questions?

Get answers to your questions about No-Penalty CDs and our other savings products