Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX, is subject to change without notice, and will be determined and fixed for the term at funding. Applies to personal accounts only. A penalty may be charged for early withdrawal. Minimum deposit to open is $2,500.
Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX, is subject to change without notice, and will be determined and fixed for the term at funding. Applies to personal accounts only. A penalty may be charged for early withdrawal. Minimum deposit to open is $2,500.
Earn more on your terms.
See how your earnings grow depending on how long you commit to a high-yield CD.
Competitor comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using Certificate of Deposit account APYs. APYs assume a $2,500 minimum deposit to open. When no competitor APY is available ‘N/A’ is displayed. The non-Discover Bank service marks for Bank of America, Chase, Citibank, Wells Fargo and U.S. Bank are owned by each respective entity. Although the information provided by Informa Research Services has been obtained from the various institutions, the accuracy cannot be guaranteed.
Initial deposit
This calculator and the values shown are intended for illustrative and informational purposes only and may not apply to your individual circumstances. This calculator uses an Annual Percentage Yield (APY) that is rounded to the nearest one-hundredth of one percentage point, e.g., .01%. However, actual interest earned calculations use an APY that is rounded to the nearest one-thousandth of one percentage point, e.g., .011%. As a result, the estimated interest earned value shown here may vary from the actual interest earned on your account. Calculation assumes principal and interest remain on deposit and interest rate and APY do not change.
Get started with as little as $2,500.
Yes, PleaseSay goodbye to fees.
No. Fees. Period. That means you won't be charged an account fee on our CD account.
Outgoing wire transfers are subject to a service charge. A penalty may be charged for early withdrawal from a CD account.
Need your money early?
“Simple interest” is calculated by multiplying the daily interest rate by your principal by the number of days that elapse between payments. (One month equals 30 days for simple interest fee calculation.)
Beginning on the 8th day after your CD is opened and funded and for the next 22 calendar days, we will deduct each day’s simple interest on the issue amount withdrawn from the funding date to the date of withdrawal. Thereafter, the Early Withdrawal Penalty will be calculated as described in the chart below.
In some cases, the early withdrawal penalty may reduce the principal in the CD.
Watch your CD interest grow, on the go
It’s easy to check on your certificate of deposit whenever you need a little boost.
Opening a high-yield CD couldn’t be simpler.
- Just give us a few basics (like address and Social Security number), and we’ll get the ball rolling for you.
- Make a deposit now or come back and do it later. Whatever makes it easier for you to get going on your goals.
- Check your email for a confirmation, and you’re on your way to the future you’ve been dreaming of.