Poppy Bank CD Rates: 5.00% APY 6, 9, 12-Month Term (CA)

Here you can find the latest Poppy Bank CD Rates, offers, and promotions!

Best CD Rates: 5.00% APY 6, 9, 12-Month Term $1K minimum deposit.

Availability: CA (Locator)

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About Poppy Bank CD Rates

Poppy Bank is headquartered in SANTA ROSA and is the 20th largest bank in the state of California. It is also the 248th largest bank in the nation. It was established in 2005 and as of September of 2023, it had grown to 208 employees at 25 locations. Poppy Bank’s savings rates are 11X the national average, and it has an A health rating.

*The above rates are accurate as of 12/28/2023*

Poppy Bank CD Rates

CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make. The interest is compounded daily and credited quarterly which can be withdrawn penalty-free.

With Poppy Bank Certificate of Deposit’s, you can benefit with competitive rates, flexible terms, automatic rollovers, and frequent special promotions. Poppy Bank makes the process of opening a CD simple.

• Minimum deposit: $1,000
• Maximum deposit: None listed
• Early withdrawal penalty: Yes

(FDIC Insured)

Bottom Line

With a opening minimum deposit of $1,000 and no fees, you will definitely get a satisfying return on your investment. Keep in mind that you won’t be able to access your funds once you sign up. Once your funds have matured, you can get back by cashier’s check or transfer to a Poppy Bank checking or savings account.

This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.

*Although Poppy Bank does offer competitive rates, their product line is limited. I recommend to take a look at Discover Bank Promotions here

This is a great opportunity to invest in a high-interest CD from Poppy Bank. However, you may want to compare them with our best CD Rates:

• Best 6-Month CD Rates
• Best 9-Month CD Rates
• Best 12-Month CD Rates
• Best 18-Month CD Rates
• Best 24-Month CD Rates
• Best 36-Month CD Rates
• Best 48-Month CD Rates
• Best 60-Month CD Rates
• Best No Penalty CD Rates

You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest Poppy Bank CD rates!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.