CDs (Certificate of Deposit)
Unlike music CDs – your CD earnings never get old!
Your award-winning CD account awaits
How does earning the highest rate of return sound? Open a high-yield FDIC-insured Certificate of Deposit (CD) with as little as $1,000 and enjoy predictable returns, fixed rates and best of all, NO FEES. That’s a deal we’d listen to anytime.
| Term | Interest Rate | Annual Percentage Yield (APY) | Early Withdrawal Penalties |
|---|---|---|---|
| 3 Months open an account |
3.00% | 3.04% | 90 days interest |
| 6 Months open an account |
4.43% | 4.52% | 180 days interest |
| 12 Months open an account |
4.95% | 5.06% | 180 days interest |
| 18 Months open an account |
4.75% | 4.86% | 180 days interest |
| 24 Months open an account |
4.60% | 4.70% | 360 days interest |
| 36 Months open an account |
4.45% | 4.54% | 360 days interest |
| 48 Months open an account |
4.45% | 4.54% | 360 days interest |
| 60 Months open an account |
4.40% | 4.49% | 360 days interest |
Open with as little as $1,000. Rates last updated 3/23/2023. 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.
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