Best 6-Month CD Rates in Idaho
Vikram Singh

Bank or Credit Union Name: CommunityWide Federal Credit Union
Minimum Amount: $1000.00
APY / Rate: 3.25% APY
Pros:
- NCUA Insured to at least $250,000
- Dividend can be compounded in certificates / deposited to another share/ transferred to another institution
- Option to renew on the maturity
Rules:
- Any withdrawal before maturity is charged with a penalty
- Penalty= amount of the withdrawal x the remaining term (days) of the certificate at the rate of 2x the current APR (divided by 365

Bank or Credit Union Name: Quontic Bank
Minimum Amount: $500.00
APY Rate: 2.25% APY
Pros:
- High-interest rates.
- Offer mobile and online banking.
- Access to more than 99,000 surcharge-free ATMs.
- Competitive interest rates on checking, savings, and CDs
Rules:
- FDIC insured1 and protected
- If the account is closed before interest is credited
- Must have a Bank account for online banking
- Withdrawals before the maturity date are subject to penalties

Bank or Credit Union Name: PenFed Credit Union
Minimum Amount: $1,000.00
APY / Rate: 2.00% APY
Pros:
- Easy renewal without any conditions
- Can be accessed at the branch, mobile or online
- Insured by NCUA insurance
Rules:
- Dividends are calculated on a simple interest basis
- Monthly dividends are paid on CD maturity

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0.00
APY Rate: 3.50% APY
Pros:
- No minimum balance
- Easiest penalty terms
- CD ladder strategy to avoid penalty
- Interest can be withdrawn anytime without penalty
- FDIC insured up to $250,000
Rules:
- Interest is calculated monthly and credited to the account at the end of the month
- Penalty on premature withdrawal.

Bank or Credit Union Name: NASA Federal Credit Union
Minimum Amount: $1000.00
APY / Rate: 1.93% APY
Pros:
- No foreign transaction fee.
- A fixed, competitive annual percentage rate
- No need to reapply for new funding for additional school terms
Rules:
- Penalties apply on early withdrawal and may reduce earnings.
- Dividends are compounded and credited on a monthly basis
- Average daily balance method

Bank or Credit Union Name: Popular Direct
Minimum Amount: $10,000.00
APY Rate: 3.35% APY
Pros:
- One of the highest APY
- 24X7 account access
- FDIC insured deposits
- 24/7 customer support
Rules:
- A minimum balance of $10000 must be maintained in the account to earn interest
- Interest is accrued and compounded monthly and transferred to the account at the end of the month.
- Premature withdrawals are exposed to penalty
Best 12 -Month CD Rates in Idaho

Bank or Credit Union Name: Blue FCU
Minimum Amount: $1
APY / Rate: 4.60% APY
Pros:
- No monthly fee, ATM charges & minimum deposit needed
- Pay bills to anyone through the United States
- Offers an annual percentage yield of up to 2%
Rules:
- Limit one per social security number.
- A minimum daily balance of $25.00 is required to earn dividends.
- The rate changes once the balance exceeds $5,000.
- Dividends are compounded daily and paid quarterly.

Bank or Credit Union Name: CommunityWide FCU
Minimum Amount: $1.000.00
APY / Rate: 3.50% APY
Pros:
- NCUA Insured to at least $250,000
- Dividends can be compounded in certificates / deposited to another share/ transferred to another institution
- Option to renew on the maturity
Rules:
- Any withdrawal before maturity is charged with a penalty
- Penalty= amount of the withdrawal x the remaining term (days) of the certificate at the rate of 2x the current APR (divided by 365)
- Dividends are paid at the end of the month

Bank or Credit Union Name: Bread Savings
Minimum Amount: $1500
APY / Rate: 4.00% APY
Pros:
- Excellent for earning a competitive interest rate on a savings account or CD.
- Without monthly services.
- Free domestic incoming wire transfers on savings account
Rules:
- APYs are subject to change at any time without notice
- The penalty will be applied for early withdrawals on CDs
- At maturity, your CD will automatically renew and earn the base interest rate

Bank or Credit Union Name: First National Bank of America
Minimum Amount: $1000.00
APY Rate: 3.95% APY
Pros:
- Competitive APYs on online CDs and high-yield savings accounts
- Fee-free access to 55,000 all ATM networks.
- Digital banking access online and via an app
Rules:
- Interest rates and APYs are subject to change without notice.
- Early withdrawal will reduce earnings and impose the penalty
- APY on all services will remain deposited until maturity.

Bank or Credit Union Name: PenFed Credit Union
Minimum Amount: $1000.00
APY / Rate: 3.50% APY
Pros:
- High-yield checking account with simple monthly fee waivers
- Online savings account with a high dividend yield
- Opening checking and savings accounts require a low minimum deposit.
Rules:
- Dividends are calculated using simple interest.
- Monthly dividends are paid on CD rates.
- Restricted to those with close ties to the military and the federal government

Bank or Credit Union Name: Marcus by Goldman Sachs
Minimum Amount: $500.00
APY / Rate: 4.00% APY
Pros:
- Hasslefree and Instant account opening
- Customer support avail all seven days of a week
Rules:
- CD rate can change at any time and hence customers are required to check the prevailing rates
- Interest is added to the principal at every month’s end
- It can be withdrawn without any penalty
Best 2-Year CD Rates Idaho

Bank or Credit Union Name: Skyla Credit Union
Minimum Amount: $500.00
APY Rate: 4.75% APY
Pros:
- Low minimum balance requirement
- Insured up to $500,000 by National Credit Union Administration (NCUA) and Excess Share Insurance Corporation (ESI)
- No monthly fees
Rules:
- The dividend is compounded and credited on a monthly basis
- Complete the term to avoid penalties

Bank or Credit Union Name: Bread Savings
Minimum Amount: $1,500.00
APY / Rate: 4.00% APY
Pros:
- Hassle-free account opening
- Best reinvestment options available
- $1 million per account and $10 million limit per customer maximum deposit limit
- No hidden fees
- Free monthly maintenance
- Auto-renew facility available
Rules:
- Interest is accrued and compounded on daily basis and credited to the account on a monthly basis

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0.01
APY / Rate: 4.26% APY
Pros:
- No minimum balance
- Low penalty on early withdrawal
- Anytime interest withdrawal without penalty
- FDIC insured up to $250,000
Rules:
- Interest is calculated on a monthly basis and credited to the account at end of every month
- Premature withdrawal is charged with a penalty

Bank or Credit Union Name: First National Bank of America
Minimum Amount: $1000.00
APY / Rate: 4.00% APY
Pros:
- Competitive APYs on online CDs and high-yield savings accounts
- Fee-free access to 55,000 all ATM networks.
- Digital banking access online and via an app
Rules:
- Interest rates and APYs are subject to change without notice.
- Early withdrawal will reduce earnings and impose the penalty
- APY on all services will remain deposited until maturity.
Best 3-Year CD Rates Idaho

Bank or Credit Union Name: Quontic Bank
Minimum Amount: $500.00
APY / Rate: 3.75% APY
Pros:
- High-interest rates.
- Offer mobile and online banking.
- Access to more than 99,000 surcharge-free ATMs.
- Competitive interest rates on checking, savings, and CDs
Rules:
- FDIC insured1 and protected
- If the account is closed before interest is credited
- Must have a Bank account for online banking
- Withdrawals before the maturity date are subject to penalties

Bank or Credit Union Name: Bread Savings
Minimum Amount: $1,500.00
APY / Rate: 4.00% APY
Pros:
- Hassle-free account opening
- Best reinvestment options available
- $1 million per account and $10 million limit per customer maximum deposit limit
- No hidden fees
- Free monthly maintenance
- Auto-renew facility available
Rules:
- Interest is accrued and compounded on daily basis and credited to the account on a monthly basis

Bank or Credit Union Name: Pentagon Federal Credit Union
Minimum Amount: $1000.00
APY / Rate: 4.35% APY
Pros:
- Easy online and mobile access.
- Checking account dividends are compounded daily and paid monthly
- 85,000 free ATM network access nationwide.
- Competitive APY rates.
Rules:
- NCUA insured.
- Rates are the same and are subject to change.
- Penalties applied for early withdrawal.
- The penalty will be 30% of the gross amount of dividends after 365 days of the open date.

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0
APY / Rate: 4.26% APY
Pros:
- You can earn a high yield.
- SAfe CDs with low-risk involvement.
Rules:
- More than 1 year but less than 4 years penalty applied for 180 days of simple interest
- Deposit accounts are insured up to $250,000 per ownership category.
Best 5-Year CD Rates Idaho

Bank or Credit Union Name: Bread Savings
Minimum Amount: $1500
APY / Rate: 4.25% APY
Pros:
- $1,500 minimum opening deposit
- FDIC insured
- Zero service charges
- Interest Accrued and compounded daily & Credited and posted monthly
Rules:
- APYs are subject to change at any time without notice
- The penalty will be applied for early withdrawals on CDs
- The penalty is calculated based on 365 days of simple interest.
- $25 per outgoing wire transfer
- Auto-renew at maturity or cash out without penalty within the 10-day grace period

Bank or Credit Union Name: Popular Direct
Minimum Amount: $10000
APY Rate: 4.35% APY
Pros:
- No monthly fees on savings account
- Competitive rates on savings and CDs
- Access your account 24/7 from desktop or mobile.
- All deposits are FDIC-insured.
Rules:
- Penalty is 730 days of simple interest
- Interest earned may vary
- fees may reduce the aggregate balance on the account.
- minimum deposit of $10,000 is required for all CDs.

Bank or Credit Union Name: Synchrony Bank
Minimum Amount: $0.00
APY / Rate: 4.26% APY
Pros:
- Best APY rate
- No minimum balance required
- High yield savings options
- No penalty on premature interest withdrawal
- 10 days grace period after maturity to add more funds to the CD
Rules:
- The interest is compounded monthly and added to the account at the end of the month.
- There is no minimum balance required to earn interest.
- Also no penalty on premature withdrawals.

Bank or Credit Union Name: PenFed Credit Union
Minimum Amount: $1000.00
APY / Rate: 3.65 % APY
Pros:
- High-yield checking account with easy-to-waive monthly fees
- Opening checking and savings accounts require a low minimum deposit.
- Online savings account with a competitive dividend rate
Rules:
- On early withdrawal, account earnings will be reduced.
- Require a written notice of up to 60 days of the intention to withdraw funds

Bank or Credit Union Name: First National Bank of America
Minimum Amount: $1000.00
APY Rate: 4.25% APY
Pros:
- Competitive APYs on online CDs and high-yield savings accounts
- Fee-free access to 55,000 all ATM networks.
- Digital banking access online and via an app
Rules:
- Interest rates and APYs are subject to change without notice.
- Early withdrawal will reduce earnings and impose the penalty
- APY on all services will remain deposited until maturity.