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Popular Direct CD Rates for 2025

Review Updated
Dana George
Dana George
| 1 other [ + ]
Nathan Alderman
Fact Checked: Nathan Alderman
Nathan Alderman
Nathan Alderman
Fact checker

Nathan Alderman has been a full-time Motley Fool employee since 2005, making errors his arch-enemies in a variety of roles including a six-year stint as the dedicated fact-checker for The Motley Fool's premium newsletter services. As Motley Fool Money's Compliance Lead, he makes sure that all the site's information is accurate and up to date, which ensures we always steer readers right and keeps various financial partners happy. A graduate of Northwestern University's Medill School of Journalism, Nathan spends his spare time volunteering for civic causes, writing and podcasting for fun, adoring his wife, and wrangling his two very large young children.

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Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. APY = Annual Percentage Yield.

Popular Direct isn't kidding around when it comes to certificates of deposit (CDs). If you want to watch your money grow, Popular Direct CDs may be precisely what you're looking for. Due to the minimum deposit required, it's not the right fit for everyone. However, if you can make a fairly substantial deposit, you're likely to be pleased with the return Popular Direct CDs currently offer.

In this expert review, we'll tell you more about this money-making opportunity, compare it with APYs provided by other banks, and help you decide if a Popular Direct CD is right for you.

Popular Direct CD rates for 2025

Rates as of April 22, 2025

APY = Annual Percentage Yield

Offer image for Popular Direct CD
Popular Direct CD
MINIMUM DEPOSIT $10,000
3 Mo. APY 6 Mo. APY 1 Yr. APY 1.5 Yr. APY 2 Yr. APY 3 Yr. APY 4 Yr. APY 5 Yr. APY
4.40% 4.45% 4.30% 4.10% 4.10% 4.10% 4.05% 4.10%

Is a high-yield savings account a better option for you?

A high-interest savings account offers rates competitive with the best CDs accounts, but without having to lock your money away for months or even years at a time. Here are some top-rated high-yield savings account options from our experts.

Account APY Promotion Next Steps
up to 3.80%
Rate info Circle with letter I in it. SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.
Min. to earn: $0
New customers can earn up to a $300 bonus with qualifying direct deposits!
3.60%
Rate info Circle with letter I in it. See Capital One website for most up-to-date rates. Advertised Annual Percentage Yield (APY) is variable and accurate as of April 8, 2025. Rates are subject to change at any time before or after account opening.
Min. to earn: $0
N/A
4.00%
Rate info Circle with letter I in it. Balances less than $250,000 earn 4.00%, and balances greater than $250,000 earn 4.20%.
Min. to earn: $0
N/A
Open Account for Barclays Tiered Savings

On Barclays' Secure Website.

Disclaimers


Compare Popular Direct CD rates

There are many reasons a person may want to invest in a CD and plenty of financial institutions available to help. Before deciding which CD is best for you, though, it helps to compare what's available.

Rates as of April 22, 2025
Bank & CD Offer APY Term Min. Deposit Next Steps
LendingClub CD
Member FDIC.
Open Account for

On LendingClub's Secure Website.

APY:
4.10%
Term:
14 Months
Min. Deposit:
$500
Open Account for

On LendingClub's Secure Website.

Discover® Bank CD
Member FDIC.
Open Account for Discover® Bank CD

On Discover Bank's Secure Website.

APY:
4.00%
Term:
1 Year
Min. Deposit:
$0
Open Account for Discover® Bank CD

On Discover Bank's Secure Website.

Western Alliance Bank CD
Open Account for

On Raisin's Secure Website.

APY:
4.00%
Term:
6 Months
Min. Deposit:
$1
Open Account for

On Raisin's Secure Website.

Popular Direct CD review

Popular Direct CD fully compete with the best CDs out there. Whether someone is looking for a place to stash their emergency savings account or saving for a special occasion, Popular Direct CD rates can help plump their savings. However, like every other financial product, Popular Direct CD has both pros and cons.

Popular Direct CD

PROS

  • Competitive rates
  • Access 24/7 from desk or mobile app
  • No monthly maintenance fees
  • Multiple term lengths available
  • FDIC insured

CONS

  • High minimum deposit

The Popular Direct CD has a lot going for it, including competitive rates, no monthly maintenance fees, a range of terms from three months to five years, and FDIC protection. However, with an entry point of $10,000, it won't be the right fit for everyone. If you're just starting out and don't have a bundle to spare, consider a bank offering no-minimum CDs.

Who is a Popular Direct CD right for?

A Popular Direct CD is just right for those with at least $10,000 to deposit into a CD. It's also a good option for those who want to bank on the go and access to 24/7 customer service.

Bottom line: Popular Direct CD rates

Popular Direct CD
  • 3 APY: 4.40%
  • 6 APY: 4.45%
  • 12 APY: 4.30%
  • 18 APY: 4.10%
  • 24 APY: 4.10%
  • 36 APY: 4.10%
  • 48 APY: 4.05%
  • 60 APY: 4.10%
Show All Rates [+] Hide All Rates [-]
Rates as of April 22, 2025

APY = Annual Percentage Yield

Term
Popular Direct CD
3 Mo.
6 Mo.
1 Yr.
1.5 Yr.
2 Yr.
3 Yr.
4 Yr.
5 Yr.
4.40%
4.45%
4.30%
4.10%
4.10%
4.10%
4.05%
4.10%

Our CDs methodology

At Motley Fool Money, certificates of deposit (CDs) are rated on a scale of one to five stars, primarily focusing on annual percentage yield (APY) and early withdrawal penalty fees. Our highest-rated CDs generally include competitive APYs without complex qualification tiers, low withdrawal fees, reliable brand trust and reputation, and ease of use.

Learn more about how Motley Fool Money rates bank accounts.

FAQs

  • From a term as brief as three months to as long as five years, Popular Direct CDs offer highly competitive rates.

  • A Popular Direct CD is well worth opening as long as you have $10,000 available to watch grow.