Rates and Fees
PROMOTIONAL ONLINE JUMBO CD Rates1,2
CDs with a minimum opening balance of $100,000.
| Term | Rate | APY3 |
|---|---|---|
| 3 month Promotional Online Jumbo CD |
2.86% | 2.90% |
| 6 month Jumbo Promotional Online Jumbo CD |
3.57% | 3.60% |
| 12 month Jumbo Promotional Online Jumbo CD |
4.04% | 4.10% |
PROMOTIONAL ONLINE CD Rates1,2
CDs with opening balances of $25,000 to $99,999.
| Term | Rate | APY3 |
|---|---|---|
| 3 month Promotional Online CD |
2.81% | 2.85% |
| 6 month Promotional Online CD |
3.52% | 3.55% |
| 12 month Promotional Online CD |
3.99% | 4.05% |
Promotional Online CDs
| PRODUCT | BALANCES |
|---|---|
| Promotional Online CD | $25,000.00 - $99,999.99 |
| Promotional Online Jumbo CD | $100,000.00 - $5,000,000.00 |
NexBank Standard CD Rates1,4
CDs with opening balances of $10,000 TO $24,999.
| Term | Rate | APY3 |
|---|---|---|
| 3 months | 2.76% | 2.80% |
| 6 months | 3.47% | 3.50% |
| 12 months | 3.94% | 4.00% |
| 18 months | 4.18% | 4.25% |
| 24 months | 3.94% | 4.00% |
| 36 months | 3.94% | 4.00% |
| 48 months | 3.94% | 4.00% |
| 60 months | 3.94% | 4.00% |
HIGH-YIELD MONEY MARKET RATES5
| Daily Balance | Rate | APY3 |
|---|---|---|
| $100,000.00+ | 2.23% | 2.25% |
| $25,000.00 - $99,999.99 | 1.74% | 1.75% |
| $5,000.00 - $24,999.99 | 1.49% | 1.50% |
| $1,000.00 - $4,999.99 | 1.24% | 1.25% |
| $0 - $999.99 | 0.00% | 0.00% |
SAVINGS RATES6
| Rate | APY3 | |
|---|---|---|
| All balances | 0.25% | 0.25% |
FEES AND BALANCE REQUIREMENTS
| Account | Minimum to open | Monthly fee | Daily minimum to avoid fee |
|---|---|---|---|
| Standard 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 1/10/2023 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 1/10/2023 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.
Contact a Banker
Call us at 972.934.4700 or toll-free at 1.800.827.4818
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