If you’re looking for more than a traditional savings account, PointBank’s suite of Business CDs offers an excellent way to grow your business’s savings. With a minimum deposit as low as $500, these accounts provide a secure and reliable option for your business’s future. Plus, in some cases, you can use your qualifying Business CD as collateral for your next loan with PointBank, offering added flexibility for your financial needs.
Certificate of Deposit (CD)
PointBank’s CDs are a great option for customers looking to set aside funds for a specific term or their savings as collateral for a PointBank loan. With terms ranging from 30 days to 3 years, and you can choose to compound your interest or have it automatically transferred to your checking or savings account.
Fees may reduce earnings. See Banker for complete details.
- Minimum amount to open: $500
- Terms range from thirty days to three years
Triple Play CD
With a Triple Play CD from PointBank, you can break away from the limitations of traditional CDs. Within a 12-month term, you’re allowed to make one additional deposit, one withdrawal, and even increase your rate – all without penalties or fees.
- Minimum amount to open: $500
- Term: 12 months