
Last updated on 2023-01-19
Convenient online banking
Interest can be withdrawn
Decent APY for 2 years and below CDs
High minimum deposit of $10,000
No physical branches
$10,000 & Above | |
---|---|
6 months | 0.50% APY |
12 months | 0.60% APY |
18 months | 0.60% APY |
24 months | 0.60% APY |
Receive 0.60% APY for 24 months online CD account
Receive 0.60% APY for 18 months online CD account
Receive 0.60% APY for 12 months online CD account
Receive 0.50% APY for 36 or 30 or 6 months online CD account
Interest compounded daily
US$10,000 minimum opening balance
No monthly fees
Interest can be withdrawn
This account will automatically renew at the then current rate at maturity. You will have 10 days after the maturity date to withdraw funds without penalty
A penalty of 30 / 90 / 180 days simple interest will be imposed for up to 90 days CDs / greater than 90 days but less than 1 year CDs / greater than 1 year CDs for any early withdrawal of the principal from CD account
Click here to go to BankDirect website for more details
BankDirect is a division of Texas Capital Bank and is a direct online bank with no physical branches. Online banking is available via app or website for all customers.
BankDirect can be contacted via contact form on their website, mail or phone support at 1.877.839.2737 Mondays to Fridays 8am to 6pm CT
Texas Capital Bank (and all divisions under it including BankDirect) is a member of FDIC which covers the aggregated deposits of a depositor to up to US$250,000