BankDirect Mileage CD Review
BankDirect Mileage CD is offered by BankDirect, a bank founded in 1999 and based in Richardson, TX. BankDirect Mileage CD is offered in 50 states (and Washington, DC).
Are cd accounts from BankDirect federally insured?
Yes, your BankDirect cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What types of CDs does BankDirect offer?
What APY does BankDirect offer on its CDs?
BankDirect Mileage CD offers an APY of 0.10% (APY stands for annual percentage yield, rates may change).
What types of terms does BankDirect Mileage CD offer?BankDirect offers CD terms of the following lengths:
|APY Type||Fixed APY|
What is the minimum deposit to open a CD account with BankDirect?
BankDirect Mileage CD requires a minimum initial deposit of $10,000 to open an account.
What types of early withdrawal penalties does BankDirect Mileage CD charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.
BankDirect does not charge an early withdrawal fee.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
BankDirect CD Accounts