For current interest rates, please visit truist.com/savings/certificate-of-deposit.
Withdrawal Transaction Limitations
If applicable, a penalty will be imposed for early withdrawals that may result in reduction of principal if accrued interest is not sufficient to cover the penalty. Fees could reduce earnings on the account.
Other Transaction Limitations
Clients will have a grace period to make a deposit, withdrawal or term change to the CD without incurring an early withdrawal penalty. Please note that only one change can be made during the grace period.1,
Yes. The interest rate will be fixed at account opening and will remain in effect until the maturity date. Interest will begin accruing no later than the first business day the Bank receives credit for the deposit. See the Bank Services Agreement at truist.com/savings/certificate-of-deposit/disclosures-and-fees for further details.
The interest earned is based on the following ledger balance tiers:
Tier 1 – $0.01 to $9,999.99
Tier 2 – $10,000 to $49,999.99
Tier 3 – $50,000 to $99,999.99
Tier 4 – $100,000+
No. A monthly statement is not provided unless combined with a checking account statement. A 1099-INT is issued annually.