Deposit Diary Daily #192
Best Nationally Available No-Penalty CDs (3 December 2024)
Recent Changes
There were fewer rate changes than I expected and I was totally surprised to learn Marcus by Goldman Sachs is no longer offering its AAPR members only 8-month No Penalty CD.
Rate Decrease
All In Credit Union, 9-month Jumbo No Penalty CD, 3.82% (↓10 bps)
All In Credit Union, 9-month No Penalty CD, 3.76% (↓11 bps)
Removal, No Longer Available
Marcus by Goldman Sachs, 8-month No Penalty CD (AARP members only), 4.15%
No Penalty CDs with Add-On Options
One bank and four credit unions currently offer a total of eight No Penalty CDs that also have add-on options. Complete details are listed in the attached spreadsheet.
Kinecta Federal Credit Union • 4.25% • $10k min new money • 9-Month Liquid Certificate
Credit Human • 3.92% (↑10 bps) • $5k min •12-month Liquid Share Certificate
Bellco Credit Union • 3.40% • $2.5k min • 30-month Smart Move CD
Bellco Credit Union • 3.40% • $2.5k min • 24-month Smart Move CD
Genisys Credit Union • 3.33% • $100 min • 1-Year Flex CD Special
Bellco Credit Union • 3.15% • $2.5k min • 36-month Smart Move CD
Kinecta Federal Credit Union • 3.00% • $100 min •12-Month Liquid Certificate
Climate First Bank • 2.68% • $500 min • 15-month Flex CD
Top No Penalty CDs
The top five No-Penalty CDs in two categories (terms of 9 months or longer and less than 9 months) are listed below.
No Penalty CD Terms of 9 Months or Longer
Farmers Insurance Federal Credit Union
4.50% ($1k min) • 9-month No Penalty CD • one penalty-free withdrawal each calendar month
4.25% ($10k min new money) • 9-month Liquid Certificate • penalty-free withdrawals up to 50% of balance, unlimited deposits
4.15% ($5k min) • 13-Month MYSB Direct Online No-Penalty CD • two penalty-free withdrawals
4.15% ($500 min) • 11-month No Penalty CD Special • penalty-free early closure
4.00% (no min) • No-Penalty 11-month CD • penalty-free early closure
No Penalty CD Terms of Less than 9 Months
4.34% ($500 min) • 6-month Penalty Free CD • unlimited partial withdrawals
Ponce Bank (Raisin)
4.20% ($1 min) • 4-month No Penalty CD • penalty-free closure after 30 days of account opening
Mission Valley Bank (Raisin)
4.20% ($1 min) • 3-month No Penalty CD • penalty-free closure after 30 days of account opening
Technology Credit Union (Raisin)
4.00% ($1 min) • 5-month No Penalty CD • penalty-free closure after 30 days of account opening
3.90% ($500 min) • 7-month No Penalty CD • penalty-free early closure
Spreadsheet
A complete list of nationally available No-Penalty CDs is attached below. The links go directly to each financial institution’s rate page or the No-Penalty CD landing page.
