Available nationwide, you can earn CD rates of 12-Month Term 2.10% APY CD, 15-Month Term 2.25% APY CD Rates with PenFed Credit Union. Below is all the information and details you need to open their 2.80% and 3.50% APY!
Eligibility: PenFed Credit Union Membership Requirements: Checkout the membership requirements to open up a CD account!
PenFed Credit Union CD Account Summary
Open up a new PenFed Credit Union CD Account to earn interest on your funds.
- Rate Offer: 12-Month Term 2.10% APY CD, 15-Month Term 2.25% APY
- Availability: Nationwide
- Expiration: None listed
- Credit Inquiry: Unknown. Please inform us!
- Credit Funding: Unknown
- Opening Deposit Requirement: $1,000
- Direct Deposit Requirement: None
- Monthly Service Fee: None
- Early Termination Fees: A penalty will be imposed if you make a withdrawal of principal prior to the maturity date.
- Promo Code(s): None
Application Link
PenFed Credit Union CD Account: Consider opening a new CD account if you’re looking to earn interest on your funds! Rest assured that your money is NCUA-insured up to $250,000!
Account Rates
Term | %APY |
6 Month | 2.05% |
12 Month | 2.10% |
15 Month | 2.25% |
18 Month | 2.25% |
24 Month | 2.45% |
36 Month | 2.50% |
48 Month | 2.55% |
60 Month | 2.60% |
84 Month | 2.65% |
*The above rates are accurate as of 06/03/2019.
Account Requirements
Earn CD rates of 2.05%- 2.65% APY on a various terms by:
- Visit PenFed Credit Union online and opening a new CD Account.
- Enter your info: Provide your first and last name, address, phone, email and social security number
- Select your term whether it be a 6-month, 12-month, up to a 60-month term, etc.
- Fund your account: Make the minimum opening deposit.
- Verify Information: Verify information and electronically sign your application.
- Confirmation Email: They’ll send a confirmation email.
Avoid Monthly Fees
There are no monthly fees involved with this CD Account.
Author’s Verdict
If you have excess funds just sitting in your checking account (that more than likely won’t be touched), it’s a good idea to invest it in a interest bearing account like a CD. By opening a CD Account, your money will be earning money for you while you sleep by earning you a return on your funds.
Please let us know if you find out any information regarding whether this account triggers a hard or soft pull. Do you know of a better CD rate elsewhere? If so, let us know! Let us know about your thoughts and experience with PenFed Credit Union in the comment section below.Be sure to check back on BankDealGuy for more bank promotions and the best CD Rate Offers!
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