Rate (APY)
4.05% APY
Term
1 year
Minimum Deposit
$10,000
Promotion
N/A
Apply Now →on Popular Direct's website
Rate (APY):
4.05% APY
Term:
1 year
Promotion:
N/A
Minimum Deposit:
$10,000
Popular Direct stands out as the top choice because it offers a highly competitive 4.05% APY on its 1-year CD, making it an attractive option for savers looking to maximize their returns. The requirement of a $10,000 minimum deposit may be steep for some, but the strong yield justifies the investment.
Pros:
- Highly competitive APY
- FDIC-insured
Cons:
- High minimum deposit required
In summary, Popular Direct is an excellent option for those looking to earn a robust 4.05% APY on a 1-year CD, particularly for savers who can meet the $10,000 minimum deposit requirement and are seeking to enhance their savings strategy with a reliable and high-yield investment.