Tiered interest rates
Earn a higher rate depending on your initial deposit with our tiered rate structure.
Watch your savings grow with our tiered rates that reward larger deposits.1
With a certificate of deposit (CD) account from Popular Bank, your savings truly grow with you. We offer tiered interest rates that reward your commitment to saving. With our tiered rate structure, you can lock in a higher rate the larger your initial deposit. Whether you’re saving for a specific goal or building a nest egg, a Popular CD can help get you there. Let your money work harder for you.
Earn a higher rate depending on your initial deposit with our tiered rate structure.
With a Popular CD, you can lock in a high rate and be assured of your return.
Relax knowing your money is FDIC insured up to the maximum amount as permitted by law.2
Easily transfer funds to a new CD when it’s time to renew.
Choose when you want your CD to mature, with terms ranging from 30 days to 10 years.3
See your interest credited to your account monthly, quarterly, semi-annually, annually, or at maturity.
Lock in a higher rate when your initial deposit meets a minimum threshold with our tiered CD rates that reward larger deposits.
Initial deposit | 7-mo APY 1 |
---|---|
$1MM+ | 4.55% |
$250,000 – $999,999.99 | 4.50% |
$100,000 – $249,999.99 | 4.50% |
$25,000 – $99,999.99 | 4.45% |
$1,000 – $24,999.99 | 4.40% |
Select a term and let us know how much you'd like to deposit to get started. 1
There is a $1,000 minimum deposit to open a CD account.
With a Popular Saver Money Market account, you can earn interest and still easily access your money to make payments or cover unexpected expenses.
Learn moreHave questions about our tiered CD rates or any other products and services we offer? Stop by one of our branch locations or contact our Customer Care Center at 1‑800‑377‑0800.
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Important information about procedures for opening a new account. To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify, and record information that identifies each person (individual or business) who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask for your driver’s license or other identifying information.
1The Annual Percentage Yield (APY) for new CD accounts is effective as of December 3, 2024, and assumes that interest and principal will remain on deposit until maturity. For CD Renewals, call 1-800-377-0800 on or after your maturity date to learn the Renewal Rate (interest rate and APY) for your renewal account. Advertised APY 4.45% is for tier $25,000 - $99,999.99. Popular Bank, in its sole discretion, reserves the right to change or terminate these rates at any time. A penalty will be imposed for early withdrawal. Fees may reduce earnings on the account. CDs will automatically renew at the end of the grace period following maturity with the rate applicable at that time for the same term and corresponding tier for the deposit amount at the time of renewal. Interest rates and APYs may change at any time at the Bank's discretion without prior notice before any CD account is opened online. CDs cannot be opened online before the application process is finalized and approved. Once your application is approved, your account will receive the current interest rate and APY in effect on the date it is opened and funded.
2Popular Bank is a Member FDIC institution. Your deposits are insured up to $250,000 per depositor. You may qualify for more than $250,000 in coverage if you hold deposits in different account ownership categories. For more information, please refer to: FDIC.gov.
3A penalty will be imposed for early withdrawal. Fees may reduce earnings on the account.
4The interest rate and corresponding APY for your CD will be assigned based on the initial deposit amount and will remain in effect through the initial maturity. You will be paid this rate until the maturity date of the CD. You may choose to have interest paid monthly, quarterly, or at maturity. The APY assumes interest remains on deposit until maturity. A penalty will be imposed for early withdrawal. Fees may reduce earnings on the account.