Find the latest My Banking Direct CD Rates, Offers, and Promotions here.

Best CD Rates: 5.25% APY 5-Month CD, $2.5K minimum opening deposit, unlimited additional deposits.

Availability: Nationwide, internet bank

Credit Pull: Soft Pull

Update 9/6/24: The 5 month term has decreased and offers a competitive 5.25% APY (from 5.50%).

About My Banking Direct CD

Available to residents nationwide, My Banking Direct has a wide array of products to meet your individual needs. Ranging from Checking, Savings, CDs, and loans all the way to Online and Mobile banking with Bill Pay, Mobile Deposits, eStatments, and so much more. By joining My Banking Direct and opening a CD account, you get to enjoy earning a higher interest rate than a regular savings account.

You can fund your account via ACH, wire, internal transfer, or by mailing a check. The account ownership can b individual, joint, or trust.

*Rates Effective As Of 9/6/2024

My Banking Direct CD Rates

• Minimum deposit: $2,500
• Maximum deposit: —
• Early withdrawal penalty: 90 days interest on the amount withdrawn

(FDIC Insured)

CD Features

• Unlimited number of beneficiaries
• 24/7 access to your account online
• No monthly maintenance fee
• A low minimum
• FDIC Insured

Bottom Line

Whether you are interested in a short term or long term CD, look no further than My Banking Direct. You have 7 calendar days grace period to withdraw your matured funds. They can be transferred to an interest-bearing savings account.

All you need to do is pick your CD term and watch your money grow. Also, you can have peace of mind knowing that My Banking Direct is insured by the FDIC. So sign up for a CD with My Banking Direct and the enjoy their high APY rates today. If you are not interested or eligible, than check out our full list of Best CD Rates here at HMB!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.