Navy Federal Credit Union 10-Month CD Review: 4.35% APY with Add-On Option (Updated 2025)
Updated for January 2025 — Navy Federal Credit Union now offers a 10-month Certificate of Deposit (CD) with a 4.35% APY and a unique add-on feature, allowing members to boost their balance even after opening the account. This short-term CD could be an ideal blend of flexibility and solid returns for savers seeking stability in 2025.
Updated for January 2025 — Navy Federal Credit Union now offers a 10-month Certificate of Deposit (CD) with a 4.35% APY and a unique add-on feature, allowing members to boost their balance even after opening the account. This short-term CD could be an ideal blend of flexibility and solid returns for savers seeking stability in 2025.
- 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and all SaveFirst Accounts, the amount forfeited is equal to the lesser of: (1) all dividends for 90 days on the amount withdrawn, or (2) all dividends on the amount withdrawn since the date of issuance or renewal.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.
