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For a limited time, SBIC is offering special interest rates on Promotional Certificates of Deposit. Act fast, before they're gone!
| Term | Min. Balance to Open & Obtain APY | Regular Deposits Interest Rate | You Earn (APY*) | Institutional Deposits Interest Rate | APY1 |
|---|---|---|---|---|---|
| 4 month Promo CD | $1,000.00 | 4.329% | 4.40% | 4.329% | 4.40% |
Enjoy up to 10 basis points higher on select CDs - only available online!
| Term | Min. Balance to Open and Obtain APY | Online Only Interest Rate | Online Only APY* |
|---|---|---|---|
| 3 Months | $1,000.00 | 4.281% | 4.35% |
| 6 Months | $1,000.00 | 4.281% | 4.35% |
| 9 Months | $1,000.00 | 4.135% | 4.20% |
| 1 Year | $1,000.00 | 4.038% | 4.10% |
A CD savings account is the smartest way to earn higher interest rates while keeping your funds safe. At SBI California, we offer some of the best CDs with competitive rates and flexible terms to help grow your savings.
A Personal Certificate of Deposit (CD) is a low-risk savings option that allows individuals to earn a fixed interest rate on their funds over a set term. Unlike traditional savings accounts, Personal CDs require you to lock in your funds for a predetermined period, providing predictable returns and steady growth.
This makes them an excellent choice for individuals looking to maximize idle cash while maintaining a secure and reliable way to save. With a range of term lengths available, you can choose a CD that aligns with your financial goals, whether you’re saving for a major purchase, an emergency fund, or long-term financial stability.
At SBI California, we offer a variety of terms and competitive interest rates.
| Term | Min. Balance to Open and Obtain APY | You Earn (APY*) |
|---|---|---|
| Up to 1 Month | $1,000 | 0.50% |
| Up to 3 Months | $1,000 | 4.25% |
| 4 month Promo CD | $1,000 | 4.40% |
| Up to 6 Months | $1,000 | 4.20% |
| Up to 9 Months | $1,000 | 4.10% |
| Up to 12 Months | $1,000 | 4.00% |
| Up to 18 Months | $1,000 | 3.85% |
| Up to 2 Years | $1,000 | 3.75% |
| Up to 3 Years | $1,000 | 3.60% |
| Up to 4 Years | $1,000 | 3.50% |
| Up to 5 Years | $1,000 | 3.50% |
Our certificate of deposit bank accounts offer:
When you choose SBI California for your CD bank account, you get:
Opening a CD bank account with SBI California is quick and easy:
Join SBI California today and take advantage of the highest interest CD rates available. Apply online now!
Most CD interest rates are fixed for the duration of their term, meaning your earnings are predictable. However, some institutions may offer variable CD rates online that can fluctuate based on market conditions or benchmarks like the prime rate, potentially offering higher returns if rates rise. So, it's essential to understand the type of CD you are investing in.
Yes, you can, but early withdrawals typically result in a penalty. Withdrawing before the maturity date may result in users forfeiting a portion of the CD interest rate earned and, in some cases, part of the principal. The specific penalty varies by institution and CD's term length.
CD interest rates are calculated based on your deposit amount, term length and the bank’s CD account rates. The longer the term and higher the amount, the better your potential to earn from current CD rates.
The best CD rates today vary based on term length, deposit size, and financial institution. To find the highest interest CD, compare CD rates online from trusted banks like SBI California for competitive options.
A certificate of deposit (CD) is a fixed-term deposit account that earns interest at a predetermined rate. It’s ideal for savers looking for stable returns through locked CD interest rates over a chosen time frame.
The minimum deposit requirements for personal CDs vary based on the term and rate selected. Check our website or visit a branch to find the best CDs with the right deposit requirements for you.
Any U.S. resident with a valid ID can open a CD savings account. SBI California makes it simple to start growing your savings with the best CDs available.
*APY refers to Annual Percentage Yield and assumes interest remains on deposit until maturity. APY is accurate as of 04/01/2025. Rates are fixed for the term of the CD. You must deposit and maintain a daily balance of $1,000 to obtain this APY. Interest is compounded and credited to your account quarterly. Interest begins to accrue no later than the business day we receive the credit. CD rates are subject to change at any time and are not guaranteed until CD is opened. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. For further information about terms and conditions, see the Personal Banking Schedule of Fees and Charges and Terms and Conditions of Your Account, call toll-free 1.877.707.1995, or visit a location near you.
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