CDs (Certificate of Deposit)

Watch your money grow over time with our highest yield, virtually risk-free savings option

Open a high-yield Certificate of Deposit (CD) with as little as $1,000 and earn higher interest the longer you invest. FDIC-insured CDs offer predictable returns and fixed rates — typically higher than traditional savings and money market savings accounts. We don’t charge maintenance fees, and if you want to renew your CD, we’ll automatically take care of it for you!

Open an account

Term Interest Rate Annual Percentage Yield (APY) Early Withdrawal Penalties
3 Months
open an account
0.25% 0.25% 90 days interest
6 Months
open an account
0.55% 0.55% 180 days interest
12 Months
open an account
0.65% 0.65% 180 days interest
18 Months
open an account
0.70% 0.70% 180 days interest
24 Months
open an account
0.75% 0.75% 360 days interest
36 Months
open an account
0.80% 0.81% 360 days interest
48 Months
open an account
0.85% 0.86% 360 days interest
60 Months
open an account
0.95% 0.96% 360 days interest

Open with as little as $1,000. Rates last updated 10/7/2020. Rates above apply to all balance levels and are subject to change on any day and will be updated by 10 AM Eastern. Please be sure to check this page after 10 AM Eastern for the rate that will be honored today. CD rates are guaranteed as of the postmark date on the envelope containing the signed application and funding for the account. Interest is compounded and credited monthly. APYs assume interest remains on deposit until maturity. A withdrawal may reduce earnings. First Internet Bank does not issue monthly or annual statements for CD accounts. You have the option to use our online banking or mobile banking systems to get information about your CD. For additional information, visit our Disclosures page.

Talk to us about our highest yield savings options

Looking for more ways to save big?

Earn interest at several times the national average with select savings accounts or streamline your financial life with a convenient, interest-bearing checking account.