First Internet Bank CD Rates

First Internet Bank headquartered in Indianapolis, Indiana, is offering certificates of deposit and IRA certificates of deposit. The CD account terms are between 3 months and 60 months. The minimum opening deposit is $1,000. The bank's CD rates are not the best CD rates around but they are competitive with other banks and credit unions.

The bank's highest CD rate and most competitive rate is on their 5 year certificate of deposit. The current 5 year CD interest rate is 2.91 percent with an annual percentage yield (APY) of 2.95 percent.

CD Rates and APY

3 Months 0.50% Rate 0.50% APY
6 Months 0.75% Rate 0.75% APY
12 Months 1.00% Rate 1.00 % APY
18 Months 1.19% Rate 1.20 % APY
24 Months 1.59% Rate 1.60 % APY
36 Months 2.13% Rate 2.15% APY
48 Months 2.47% Rate 2.5% APY
60 Months 2.91% Rate 2.95% APY

Certificate of deposit accounts are insured by the FDIC for up to $250,000. For a list of more current CD rates go to firstib.com.