CD Rates

Rates
Term	APY	Rate
3 to 5 months	0.750%	0.750%
6 to 11 months	1.200%	1.190%
12 to 23 months	1.700%	1.690%
24 to 35 months	2.000%	1.980%
36 to 47 months	2.250%	2.230%
48 to 59 months	2.150%	2.130%
60 month	2.850%	2.810%

CDs are designed to reward depositors who can invest funds and leave them on deposit for a specific length of time. Our CDs range in terms from three months to five years and earn interest at a fixed rate for the term of the deposit. At Bank of Internet, our CD rates are consistently among the highest in the country.

Without the overhead of traditional banks, we are able to pass the savings to the customer, which is why we offer some of the most competitive CD rates in the country. Open a CD today to lock in your competitive rate!

New Deposit Insurance Limits

Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013.

Learn More

All BofI Checking and Savings accounts are variable rate accounts and these rates are subject to change without notice. The Annual Percentage Yield (APY) assumes principal and interest remain on deposit at the same rate for one year. We use the average daily balance method to calculate the interest on your checking or savings account. This method determines the average balance by adding the full amount of the principal in the account for each day within the statement period and dividing that figure by the number of days within the statement period. Interest is compounded daily and calculated on a 365 day basis. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest for checking and savings accounts is compounded daily and credited to your account on your monthly statement cycle date. Time Deposit rates are fixed for the term of the certificate. Time Deposits require a substantial penalty for early withdrawal. Please refer to the Disclosures and the Terms and Conditions for further information.