NexBank CD Rates: Explore the Advantages of Earning 5.40% APY

NexBank CD rates are available nationally and are some of the best CD rates offered by any bank or credit union. The highest CD rates offered are on NexBank's 12-month CD at 5.40% APY for account balances of $25,000 or more. 6-month CD rates are at 4.55% APY and 3-month CD rates are at 4.30%, these rates are also for account balances of $25,000 or more.

Standard CD accounts at NexBank, account balances between $10,000 to $25,000, also have very competitive CD rates. In fact, only the 12-month CD rate is lower at 5.00% APY. 6-month rates are at 4.75% APY and 3-month rates are at 4.60% APY.

A key advantage of NexBank CD accounts is their high CD rates on all their CD terms. These CD rates are fixed and locked for the entire term of the CD, providing a guaranteed return regardless of market volatility.

Current NexBank CD Rates

CD account balances between $10,000 and $24,999

  • 3-month 4.50%

  • 6-month 4.75%

  • 12-month 5.00%

  • 18-month 4.75%

  • 24-month 4.80%

  • 36-month 4.55%

  • 48-month 4.45%

  • 60-month 4.25%

    • CD account balances between $25,000 and $99,999

  • 3-month 4.30%

  • 6-month 4.55%

  • 12-month 4.80%

    • Jumbo CD account balances between $100,000 and $5,000,000

  • 3-month 4.35%

  • 6-month 4.60%

  • 12-month 4.85%

    • One feature not to overlook is NexBank's commitment to transparency. They offer clear, concise, and detailed statements for every CD account. This openness allows you to track your investment's growth effortlessly, keeping you informed and confident about your financial journey.

    The opening process for a NexBank CD account is another feather in their cap. With an easy-to-navigate online platform, you can start your savings journey from the comfort of your home, ensuring a hassle-free experience from the get-go.

    Lastly, NexBank CD accounts come with the assurance of FDIC insurance, a critical feature for any discerning investor. This insurance guarantees the safety of your funds up to the applicable limits, providing peace of mind alongside lucrative returns.

     
    Author: Brian McKay
    June 7th, 2023