Change A Rate CD
Have a feeling rates are going up and don't want to lock in at current rates? Then don't. Open a Principal Bank Change A Rate CD and get a great rate now, plus the opportunity to increase your interest rate one time during the initial term.
- $5,000 minimum investment
- 26-month term
- One-time option to increase the CD rate for the remainder of the original term to the 24-month rate offered at the time of the requested increase
- Monthly compounding so your money grows faster
- CD interest may be deposited into a Principal Bank account, added to the CD, or transferred to your account at another financial institution
- Certificate of deposit automatically renews to 24-month term at maturity
- Change rate online in Customer Service Account Services or by phone at 1.800.672.3343 from 7 AM to 9 PM (Central Time), Monday through Friday excluding holidays
Note: Principal Bank does not accept institutional deposits at this time.