NexBank Deposit Rates
Promotional Online Jumbo CDs1,2
CDs with a minimum opening balance of $100,000
| Term | Rate | APY3 |
|---|---|---|
| 3 month Promotional Online Jumbo CD |
4.65% | 4.75% |
| 6 month Promotional Online Jumbo CD | 5.43% | 5.50% |
| 12 month Promotional Online Jumbo CD | 5.49% | 5.60% |
CDs with opening balances of $25,000 to $99,999
| Term | Rate | APY3 |
|---|---|---|
| 3 month Promotional Online CD | 4.65% | 4.75% |
| 6 month Promotional Online CD | 5.43% | 5.50% |
| 12 month Promotional Online CD | 5.49% | 5.60% |
NexBank Standard CDs1,4
CDs with opening balances of $10,000
| Term | Rate | APY3 |
|---|---|---|
| 3 month | 4.70% | 4.80% |
| 6 month | 5.18% | 5.25% |
| 12 month | 5.25% | 5.35% |
| 18 month | 4.67% | 4.75% |
| 24 month | 4.72% | 4.80% |
| 36 month | 4.47% | 4.55% |
| 48 month | 4.38% | 4.45% |
| 60 month | 4.18% | 4.25% |
| Daily Balance | Rate | APY3 |
|---|---|---|
| $100,000.00+ | 3.20% | 3.25% |
| $1,000.00 - $99,999.99 | 2.23% | 2.25% |
| $0 - $999.99 | 0.00% | 0.00% |
Savings Rates6
| Terms/Balances | Rate | APY3 |
|---|---|---|
| All balances | 1.49% | 1.50% |
Fee and Balance Requirements
| Account | Minimum to open | Monthly fee | Daily minimum to avoid fee |
|---|---|---|---|
| Standards CDs | $10,000 | $0 | N/A |
| Promotional Online CDs | Promotional Online CD: $25,000 Promotional Online Jumbo CD: $100,000 |
$0 | N/A |
| High-Yield Money Market | $10,000 | $257 | $10,000 |
| Savings | $200 | $37 | $200 |
1. Rates are effective as 9/22/2023 and are subject to change at any time without notice. Substantial penalty for early withdrawal.
2. Promotional Online CDs are a $25,000 minimum to open to earn stated APY. Promotional Online Jumbo CDs are a $100,000 minimum to open to earn stated APY. Funds must be new money; deposits cannot be made from an existing NexBank CD account.
3. APY—Annual Percentage Yield
4. NexBank Standard CDs: $10,000 minimum to open.
5. The High-Yield Money Market Account is a tiered, variable rate account. You must maintain the minimum balance needed for each tier in order to earn the APY disclosed.
6. Savings rates are effective as of 9/22/2023 and are subject to change at any time without notice.
7. Fees may reduce the earnings on the account.
2. Promotional Online CDs are a $25,000 minimum to open to earn stated APY. Promotional Online Jumbo CDs are a $100,000 minimum to open to earn stated APY. Funds must be new money; deposits cannot be made from an existing NexBank CD account.
3. APY—Annual Percentage Yield
4. NexBank Standard CDs: $10,000 minimum to open.
5. The High-Yield Money Market Account is a tiered, variable rate account. You must maintain the minimum balance needed for each tier in order to earn the APY disclosed.
6. Savings rates are effective as of 9/22/2023 and are subject to change at any time without notice.
7. Fees may reduce the earnings on the account.
| Product | Balances |
|---|---|
| Promotional Online CD | $25,000.00 - $99,999.99 |
| Promotional Online Jumbo CD | $100,000.00 - $5,000,000.00 |
CDs are only available to consumers.
