Popular Direct 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

Popular Direct4.6/5

Rate (APY)
4.05% APY
Term
1 year
Minimum Deposit
$10,000
Promotion
N/A
Apply Now →on Popular Direct's website

Popular Direct shines for its high APY of 4.05% on a 1-year CD, making it a strong contender for those who can meet the higher minimum deposit of $10,000. This online-only bank is known for its straightforward banking experience, although the steep minimum may deter some savers.

Pros:

  • High APY
  • Simple banking experience

Cons:

  • High minimum deposit
  • Early withdrawal penalties are significant

In conclusion, Popular Direct is an excellent choice for those looking to maximize their savings with a competitive 4.05% APY on a 1-year CD, provided they can comfortably meet the $10,000 minimum deposit requirement. This offering is particularly suitable for savers seeking a reliable and hassle-free online banking experience.

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Summary of all rates from our cd rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
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Popular Direct4.05% APY1 year$10,000Learn more
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