EverBank Certificate of Deposit
Cannot determine — insufficient product data available.
Cannot determine — insufficient product data available.
SwitchWize was unable to complete a competitive analysis for this EverBank CD listing. The product page at everbank.com/banking/cds returned a 404 Not Found error, and no verified APY was present in SwitchWize's daily rate database for this specific product at time of publication. Without a confirmed rate, a meaningful comparison against the current CD category average or national rate rankings is not possible. For context, the Fed Funds Rate currently sits at 3.63%, and the top-tier 1-year CD rates in SwitchWize's database are running meaningfully above that benchmark. EverBank does operate a Performance CD and a CDARS CD product line based on surviving navigation links, but no terms, minimums, fees, or APY figures could be verified from page content. SwitchWize will update this listing once a live product page and rate data become available. In the meantime, shoppers should use SwitchWize's CD comparison tool to identify currently ranked, fully documented alternatives before committing funds.
Confirm the rate and term are still available. Review the early-withdrawal penalty in the fee schedule — it can erase months of interest.
Jun 13, 2026
SwitchWize Research Desk · methodology
- No monthly maintenance fee
- FDIC insured up to $250,000
| Term | APY |
|---|---|
| 3 months | 3.60% |
| 6 months | 3.60% |
| 1 year | 3.40% |
| 2 years | 3.40% |
| 3 years | 3.40% |
| 5 years | 3.40% |
Product page was unreachable at time of review. Visit everbank.com and navigate to CD Accounts, then select Performance CD or CDARS CD from the menu to find current terms and application options.
SwitchWize was unable to complete a competitive analysis for this EverBank CD listing. The product page at everbank.com/banking/cds returned a 404 Not Found error, and no verified APY was present in SwitchWize's daily rate database for this specific product at time of publication. Without a confirmed rate, a meaningful comparison against the current CD category average or national rate rankings is not possible. For context, the Fed Funds Rate currently sits at 3.63%, and the top-tier 1-year CD rates in SwitchWize's database are running meaningfully above that benchmark. EverBank does operate a Performance CD and a CDARS CD product line based on surviving navigation links, but no terms, minimums, fees, or APY figures could be verified from page content. SwitchWize will update this listing once a live product page and rate data become available. In the meantime, shoppers should use SwitchWize's CD comparison tool to identify currently ranked, fully documented alternatives before committing funds.
What happens if I withdraw from a CD early?
Most CDs charge an early-withdrawal penalty — typically 60 to 150 days of interest depending on the term. Breaking a 12-month CD at month 3 with a 90-day penalty can reduce your effective yield to near zero. Always read the fee schedule before opening.
Is a CD FDIC insured?
Yes. Certificates of deposit at FDIC-member banks are insured up to $250,000 per depositor. The fixed rate and FDIC coverage make CDs one of the safest places to hold cash you can afford to leave untouched for the full term.
What is a CD ladder?
A CD ladder splits your savings across multiple CDs with staggered maturities — for example, 3-month, 6-month, and 12-month terms. As each CD matures, you reinvest at the current rate, giving you the higher rates of longer terms and regular access to a portion of your cash.
Can the CD rate change after I open it?
No. The APY on a standard CD is locked at the opening rate for the full term. This is the main advantage over a high-yield savings account: you know exactly what you will earn, regardless of future Fed rate cuts.
Rates are sourced from Bankrate and verified by SwitchWize. SwitchWize may earn a referral fee when you click through to a partner. Content is for informational purposes only and does not constitute financial advice. Verify current rates directly with the institution before opening an account.