Updated January 2025. Navy Federal Credit Union is the nation’s largest credit union, with a long history of serving active military members. More recently, they have expanded their field of membership to include veterans and family members of veterans. NavyFed often offers special rates and/or features on their share certificates. The most recent one:

• Limited-Time 10-month Special Certificate at 4.35% APY. Open with as little as $50. Maximum $250,000. Make additional deposits any time. Valid for taxable, IRAs, ESAs.

This one does have an early withdrawal penalty. Lesser of 90 days of interest or all interest accrued so far.

Penalties for Early Withdrawal: (a) If the term to maturity is one year (or less) for certificates and all SaveFirst Accounts, the amount forfeited is equal to the lesser of: (1) all dividends for 90 days on the amount withdrawn, or (2) all dividends on the amount withdrawn since the date of issuance or renewal.

NavyFed likes to offer these add-on CDs regularly, and I usually open one with the minimum $50 because I like the optionality. If rates drop drastically, I’ll have the ability to add unlimited additional funds at 4.35% APY. If nothing big happens (most likely scenario), I’ll only have committed $50. I already have other products with NavyFed, so it didn’t require any additional paperwork.

• These Electronics Are Made Out Of Paper And Can Be Dissolved After Use That Helping End E-Waste Forever
• Navy Federal cashRewards Plus Card: $250 Bonus, 0% APR for 12 Months w/ No Balance Transfer Fee, 2% Cash Back, No Annual Fee