Looking for a simple investment that makes your savings work for you by earning interest at a generous rate? If you’re willing to venture away from the financial institution that you bank with regularly, you’ll find some extremely valuable deposit account options that may yield well over 4.00% annual percentage yield (APY).
My eBanc offers a lineup of such certificates of deposit (CDs). Its return rates are unusually high. Still, My eBanc CDs won’t fit everyone’s needs due to high minimum deposit requirements. Here’s what to know before opening an account.
Rates are current as of Aug. 26, 2025 and are subject to change.
My eBanc CD rates and products
My eBanc features three types of Time Deposit (another name for a CD): standard, jumbo, and flex. My eBanc doesn’t offer any of its accounts in the form of business or IRA CDs, unfortunately.
Each account type comes with unique term lengths and minimum deposit requirements.
The entry requirement for a standard My eBanc CD is $5,000 . That’s a bit rich compared to many other financial institutions—but the reward is some of the highest returns on the market. You’ll earn up to 4.45% APY as of this writing, depending on the CD type and term length you choose.
Standard CDs
My eBanc offers five term lengths for its standard CDs, from six months to three years. Each option yields an impressive return—ideal for CD laddering. The big deterrent is its minimum $5,000 deposit.
My eBanc standard CD rates
| Term | APY |
|---|---|
| 6-month CD | 4.25% |
| 12-month CD | 4.35% |
| 18-month CD | 4.10% |
| 24-month CD | 3.95% |
| 36-month CD | 3.70% |
| 6-month CD | |
|---|---|
| APY | 4.25% |
| 12-month CD | |
| APY | 4.35% |
| 18-month CD | |
| APY | 4.10% |
| 24-month CD | |
| APY | 3.95% |
| 36-month CD | |
| APY | 3.70% |
Bank details checked Aug. 26, 2025
Flex CDs
Typically, you’ll be dinged a considerable sum for taking out your money before your account matures. Flex CDs waive this early withdrawal penalty, allowing you to access your money at almost any time. Such accounts often come with a far lower APY—but My eBanc’s flex CD options don’t; you can still earn up to 3.30% APY, depending on the amount of money you deposit.
However, the minimum to open this account is a whopping $10,000.
My eBanc flex CD rates
| Term length | APY |
|---|---|
| 11 months (balances below $100,000) | 3.19% |
| 11 months (balances of $100,000+) | 3.30% |
| 11 months (balances below $100,000) | |
|---|---|
| APY | 3.19% |
| 11 months (balances of $100,000+) | |
| APY | 3.30% |
Bank details checked Aug. 26, 2025
Jumbo CDs
To open a My eBanc jumbo CD, you must deposit at least $50,000. You can choose from identical term lengths as its standard CD offerings—but with higher APYs across the board.
My eBanc jumbo CD rates
| Term | APY |
|---|---|
| 6-month CD | 4.40% |
| 12-month CD | 4.45% |
| 18-month CD | 4.30% |
| 24-month CD | 4.20% |
| 36-month CD | 3.98% |
| 6-month CD | |
|---|---|
| APY | 4.40% |
| 12-month CD | |
| APY | 4.45% |
| 18-month CD | |
| APY | 4.30% |
| 24-month CD | |
| APY | 4.20% |
| 36-month CD | |
| APY | 3.98% |
Bank details checked Aug. 25, 2025
Compare My eBanc to competitors
All My eBanc CDs offer impressive earning rates. But a $5,000+ minimum deposit may not be accessible to everyone. Here’s a look at some competitors that demand less (or no) minimum deposit.
 My eBanc |  Discover |  Northern Bank Direct |
|---|---|---|
| 6 months | 6 months | 6 months |
| 4.25% | 3.50% | 4.25% |
| 12 months | 12 months | 12 months |
| 4.35% | 4.00% | 3.50% |
| 18 months | 18 months | 18 months |
| 4.10% | 3.80% | 3.50% |
| 24 months | 24 months | 24 months |
| 3.95% | 3.60% | 3.50% |
| 36 months | 36 months | 36 months |
| 3.70% | 3.60% | 3.50% |
| Learn more | Learn more | Learn more |
| View offer at My eBanc | View offer at MoneyLion | View offer at Northern Bank Direct |
Bank details checked Aug. 26, 2025
Learn more about My eBanc
My eBanc is a digital arm of Bradesco Bank, a financial institution headquartered in São Paulo, Brazil. It operates offices in New York and Miami, as well.
My eBanc doesn’t itself offer many bank products; you won’t find personal loans, IRAs, etc. It specializes in high-yield deposit accounts, such as CDs, high-yield savings accounts, and money market accounts, along with an interest-bearing checking account. If you’re looking for a storage spot for your savings, My eBanc could be an ideal repository for those willing to pony up in exchange for generous earning rates.
But, for those who don’t wish to swallow the eye-popping minimums required—we should note that the money market and checking accounts each require a $5,000 deposit or more, and savings starts at $25,000—you’ll want to consider other institutions, such as our picks for the best checking accounts.
Frequently asked questions
What is the minimum deposit required for a My eBanc CD?
The minimum deposit required to open a My eBanc CD depends on the account type. You’ll need $5,000 to open a standard CD, $10,000 for a flex CD, and $50,000 for a jumbo CD.
How are My eBanc CD early withdrawal penalties calculated?
My eBanc CD charges early withdrawal penalties according to your account term length. Penalties vary between three and nine months’ interest on the amount withdrawn.
Does My eBanc charge maintenance fees on CDs?
My eBanc doesn’t charge maintenance fees on CDs.
Is there a grace period after My eBanc CD maturity?
My eBanc CDs have a 10-day grace period during which you can choose to add more money, close your account, or move your money to a different CD.
Are My eBanc CDs FDIC insured?
Yes, My eBanc CDs are FDIC insured up to $250,000 per account holder per account ownership category.