
Sign up & start saving!
Get our weekly newsletter for the latest in money news, credit card offers + more ways to save
finder.com’s rating: 4.0 / 5.0
★★★★★
BrioDirect is the online division of Sterling National Bank. With terms as short as 30 days, a BrioDirect CD is best for anyone looking to invest in a CD without a long-term commitment. Its 30-day term is a low 0.05%, but you’ll earn a better rate on its five-month term at 0.15% APY.
0.45%
1-year APY
0.45%
3-year APY
0.45%
5-year APY
Star rate | 4 |
---|---|
3-month APY | 0.25% |
5-month APY | 0.15% |
9-month APY | 0.3% |
1-year APY | 0.45% |
18-month APY | 1.35% |
2-year APY | 1.6% |
30-month APY | 0.45% |
3-year APY | 0.45% |
4-year APY | 0.45% |
5-year APY | 0.45% |
Early withdrawal penalty | 30 days interest for terms of 1+ months 90 days interest for terms of 2 to 12 months 270 days interest for terms of 18 to 59 months 360 days interest for terms of 60 + months |
Minimum deposit to open | $500 |
Interest compounding | Daily |
Review by
Heather Petty is a personal finance writer at Finder specializing in home loans, banking and insurance. After falling victim to a disreputable mortgage broker when buying her first home, she’s on a mission to help readers avoid similar experiences when managing their own finances. A self-proclaimed word nerd, her writing has been featured on MSN, Credit.com and MediaFeed.org, among others. Heather previously worked as a technical writer and editor for the casino systems industry and is an internationally published young adult mystery author. She holds a bachelor’s degree in English with a minor in journalism from the University of Nevada, Reno.
BrioDirect CDs are best for those looking for a short-term CD and low minimum deposit. You’ll have a wide selection of term options to choose from — as short as 30 days and as long as 60 months. And if you open a five-month CD, you can earn a rate as high as 0.15%.
But if you want to open a 30-day CD, you’ll only earn 0.05% APY. And if you think you might need quick access to your money once it matures, you can’t transfer your funds into your external account. If you don’t already have a BrioDirect or Sterling National account, your only option to withdraw your money is to request a check.
You can sign up for your account online in only a few minutes:
You’ll need to meet the following requirements open a CD with BrioDirect:
Have the following information ready when you apply:
Use one of the following ways to fund your account:
Once your CD matures, you have a seven-day grace period to decide what to do with your funds. If you choose to withdraw, you can either have the money sent to you by check or transferred to another Sterling National account. BrioDirect won’t wire or transfer your money into an external bank account.
This bank offers a range of CDs with locked-in rates and no monthly maintenance fees, but you can expect the following additional benefits:
Consider the following drawbacks before applying for a BrioDirect CD:
If these drawbacks and lack of positive reviews leaves room for pause, you’ll want to consider exploring other CDs with high interest rates.
In addition to CDs, BrioDirect offers a high-yield savings account with a 1% APY, no monthly fees and a $25 minimum deposit.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We rate CDs and share certificates on a scale ranging from one to five stars based on what matters most to you. We consider two factors equally when rating CDs: minimum deposits and annual percentage yields (APYs) relative to term length. If a bank requires a different minimum opening deposit depending on the chosen term, we rate the CD based on the average minimum deposit across all terms. And although some institutions offer CDs with terms ranging from one week to 20 years, we only consider term lengths the FDIC uses in its monthly updates on national rates.
Read the full methodology of how we rate CDs.