If you are looking for great savings rates, then make sure you keep reading. Bank5 Connect has wide array of products to meet your individual needs. They are proud to be a financial institution that is big enough to serve all your financial needs, yet small enough to care about how those needs are met. They are currently having a special 12-Month CD term with 2.55% APY on $500 balances or more. By joining Bank5 Connect, you get to enjoy earning higher rate of interest than regular savings account.
Editors Note: This is an online only bank so their are no branches you can visit, but be sure to contact them directly if you have additional questions about the CD rate.
Bank5 Connect CD Summary:
- Apply Now
- Account Type:CD account
- Current Promotion: 12-Month CD 2.55% APY , 21-Month CD 2.40% APY
- Special APY Rates/Balance requirements:
- 12-Month CD Term:
- 2.55% – $500
- 21-Month CD Term:
- 2.40% – $500
- 12-Month CD Term:
- APY Rates/Balance Requirements:
- Standard CD
- 1.45% APY for 6-Month CD – $500
- 1.75% APY for 18-Month CD – $500
- 2.90% APY for 36-Month CD – $500
- Standard CD
- Availability: Nationwide (Online Only)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $500
- Additional Requirements: None
- Early Withdrawal Fee: Withdrawal penalty of 3 months of interest for terms less than a year and 6 months of interest for terms greater than a year
- Auto-Renewal: None listed, check with CSR
Bank5 Connect Best CD Rates:
Overall, Bank 5 Connect ranked high across the board from our statewide Best 1-Year CD Rates list. So if you’re interested in making a higher rate than a traditional savings account, make sure to take advantage of this limited time special offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
Bank5 Connect CD Account Features:
- Earns higher rate of interest than regular savings account
- Interest compounds
- Fixed term and rate of interest
- FDIC insured
Conclusion:
If you are interested in a short term or long term CD, look no further as Bank5 Connect offers you a standard and special CD rates that go up to 2.40% APY on 21-Month CD term or 2.90% APY on 36-Month CD term. Remember, both specials ranked highly on our Best CDs list. So if you are interested, make sure to open your new CD account online only today! Also be sure to contact the bank directly since there are no branches you can visit. However if you are not interested or looking for more options, be sure to browse our complete list of the Best National CD Rates for all your savings 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.
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