Personal CDs

Get on a path of growth with daily compounding interest from Nelnet Bank.

Check Our Rates

When You Want Your Money To Work Harder, We Offer High Rates That Help You Bring Home A Little More Bang With Each Buck Invested.

Open Account

12 months

5.05%
APY

2 years

4.80%
APY

3 years

4.55%
APY

Displayed rates are accurate as of June 17, 2024 and may be different at the time you apply.

APY is Annual Percentage Yield

Fee schedule: Early Withdrawal Penalty Applies See Disclaimer 1.
$15 Outgoing Wire Fee.

Grow Your Money On Your Terms

We know every person has unique financial challenges and goals – but they’re all looking for the best deal possible. So we offer great rates, and let you build the right package for your road ahead.

Competitive, High-Interest Rates

More growth equals more possibility, so we work to maintain rates that give you a great return.

No Monthly Maintenance Fees

When you save on fees every month, your CD will grow faster over time.

Flexible Terms

Whether you’re looking for a short-term option or a long-haul partner, we have options for every situation.

How to Get Started

If you’re ready to start earning more every month, you can get started in just a few steps.

1

Apply Online

Complete an application in minutes with our streamlined application process.

2

Transfer Funds Into Your Account

Add $1,000 or more into your new Nelnet Bank Certificate of Deposit account.

3

Start Earning Interest

Interest compounds daily and pays monthly, so your money will start growing from day 1.

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1For terms 6 months or less, the penalty is 30 days’ simple interest. For terms more than 6 months and up to 12 months, the penalty is 90 days’ simple interest. For terms more than 12 months and up to 2 years, the penalty is 180 days’ simple interest. For terms more than 2 years and up to 5 years, the penalty is 365 days’ simple interest. For terms more than 5 years and up to 10 years, the penalty is 540 days’ simple interest. back