Find all the latest MySavingsDirect CD Rates, promotions and offers here.
One of their best CD Bank Rates is 0.50% APY on their 60-120 Month CD Special.
MySavingsDirect CD Account Summary
MySavingsDirect was formed in 1850 but since has evolved into an online banking service provider.
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.
- Availability: Nationwide
- CD Length: 60-120 Month Term
- Soft/Hard Pull: Unknown
- Minimum Balance Requirement: $1,000
- Additional Requirements: Must be MySavingsDirect Account holder. This means you must open their 2.40% APY high interest savings account
- Monthly Fee: None
- Early Termination Fees: None listed
(FDIC Insured)
Term | APY Rate | Minimum Deposit |
60-120 Month | 0.50% | $1,000 |
30 Month | 0.30% | $1,000 |
MySavings Direct CD Features
- Low minimum deposit balance of only $1,000.
- Interest is compounded daily and credited monthly.
- FDIC Insurance to the maximum extent allowed by law.
- Automatic notification prior to maturity.
Conclusion
Sign up for a MySavingsDirect Online CD Account today and lock in 0.50% APY on a 60-120 months CD today! There is $1,000 minimum deposit to open your CD Account and there are no fees. Make sure to deposit the amount you want since they cannot accept additional deposits to a CD account except at maturity. MySavingsDirect will let you withdraw your posted interest at any time by transferring the money back to your linked funding account.
If you are interested in earning interest on a competitive CD rate, get started today on your online application for MySavingsDirect. If not, see our complete list of the Best National CD Rates for all your banking needs!
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.