SwitchWizeFinancial Decisions, Made Clearer

First Internet Bank of Indiana business CD rates

First Internet Bank of Indiana offers 8 business CD terms. The highest rate is 4.00% APY on the 1 year CD, which needs $1,000 to open. Rates were last checked November 9, 2026.

Rates by term

First Internet Bank of Indiana business CD rates by term
TermAPYOpen withEarly withdrawal
3 months3.40%$1,00090 days of interest
6 months3.60%$1,000180 days of interest
1 year4.00%$1,000180 days of interest
18 months4.00%$1,000180 days of interest
2 years4.00%$1,000360 days of interest
3 years4.00%$1,000360 days of interest
4 years4.00%$1,000360 days of interest
5 years4.00%$1,000360 days of interest

APY means the yearly yield with compounding. The bank can change rates on new CDs at any time. A CD you already hold keeps its rate until the term ends.

How it works

Minimum to open
$1,000
Maximum deposit
Not published
Interest
Compounded monthly, paid monthly
Rate type
Fixed
At the end of the term
Renews on its own; 10 days to withdraw without penalty
Adding money later
Not allowed
How to open
Online
Deposit insurance
Insured by the FDIC

What the bank says about early withdrawal: The penalty will equal ninety (90) days’ interest on the amount withdrawn subject to penalty for certificates of deposit with a term between one (1) and three (3) months, inclusive.

Check these before you open

  • Confirm today's rate with the bank. Rates change without notice.
  • Make sure your type of business can open one.
  • Write down the maturity date and the number of days you get to withdraw without a penalty.
  • Read the bank's account agreement.
Go to First Internet Bank of IndianaReport a correction

Common questions

What are First Internet Bank of Indiana's business CD rates?

3 months 3.40%, 6 months 3.60%, 1 year 4.00%, 18 months 4.00%, 2 years 4.00%, 3 years 4.00%, 4 years 4.00%, 5 years 4.00% APY, as of November 9, 2026.

How much does it cost to open a First Internet Bank of Indiana business CD?

The page we read says $1,000 to open.

What if I take money out of a First Internet Bank of Indiana business CD early?

The bank says: The penalty will equal ninety (90) days’ interest on the amount withdrawn subject to penalty for certificates of deposit with a term between one (1) and three (3) months, inclusive.

Where this comes from

Each fact was copied from the bank's own page. Where the bank allows it, we check it against the page again on a schedule.