First National Bank of America Online CD Rates Review
First National Bank of America Online CDs isn't available on Finder right now.
- 1-year APY
- 3.95%
- 36-month APY
- 4.00%
- 5-year APY
- 4.20%
Our verdict
Get a competitive rate with no maintenance fees.
First National Bank of America CDs are ideal for anyone looking to invest long-term with competitive interest rates. Its terms range from three months to 12 years, offering a robust range for savings. And in terms of APYs, they're competitive across the board. Just know that for any of its CD terms, you'll need a minimum deposit of $1,000.
Best for: Anyone looking for a high APY on a CD.
Overview of First National Bank of America CD rates
First, know that First National Bank of America is FDIC-insured. FDIC insurance covers deposit accounts, which include CDs.
First National Bank of America (FNBA) offers high CD rates across terms, and rates could vary slightly based on where you’re from. You’ll need a minimum deposit of $1,000 to open one of its CDs, and that opening deposit requirement is pretty typical, though you can find CDs without any minimum deposit requirement.
In terms of how FNBA’s CD rates compare to the other banks, rates are great — it offers multiple terms with rates over 4%, at the time of writing. FNBA also offers more terms than we normally see, with many banks offering around six to eight terms, and this bank offers 14 different standard CD terms.
Now onto the nitty-gritty: compare the bank’s current CD rates. Just know that we are highlighting its advertised national CD rates. Your exact rate could vary, depending on your zip code.
| CD term | APY | Minimum deposit |
|---|---|---|
| 3 months | 3.60% | $1,000 |
| 6 months | 3.85% | $1,000 |
| 12 months | 3.95% | $1,000 |
| 13 months | 4.05% | $1,000 |
| 18 months | 3.80% | $1,000 |
| 24 months | 4.00% | $1,000 |
| 36 months | 4.00% | $1,000 |
| 48 months | 4.20% | $1,000 |
| 60 months | 4.20% | $1,000 |
| 72 months | 4.00% | $1,000 |
| 84 months | 4.05% | $1,000 |
| 96 months | 4.05% | $1,000 |
| 108 months | 4.05% | $1,000 |
| 120 months | 4.25% | $1,000 |
More about FNBA CDs: Deposits, fees and details
See how the First National Bank of America compares to other banks and credit unions in the industry.
| What it is | Details | How it compares |
|---|---|---|
| Minimum deposit | $1,000 | Standard for the industry, in line with most other banks and credit unions. |
| Term range | 3 to 120 months | Wide range of options, including 13-month, 18-month and several long terms out to 8, 9 and 10 years. |
| Early withdrawal penalties | Terms 1 to 11 months: 90 days of interest Terms 12 to 23 months: 180 days of interest Terms 24 to 47 months: 360 days of interest Terms 60 to 84 months: 540 days of interest Terms 96 to 120 months: 720 days of interest | Steeper than most competitors, which typically cap penalties around 180 days of earned interest. |
| Grace period | 10 days after the maturity date | Typical, most banks offer a seven to 10-day grace period. |
Cashout and rollover details
FNBA mails a maturity notice roughly 30 days before your CD’s maturity date, giving you time to plan ahead before your term ends. Once the CD matures, you get a 10-day grace period to decide what to do next: roll the entire CD into a new term at the rate currently offered, withdraw part of the balance and roll the rest into a new term or withdraw all of your funds. You can also add funds to the CD during this window, but only during those 10 days, since additional deposits aren’t allowed at any other point in the term.
If you take no action during the grace period, FNBA automatically rolls your CD into a new term of the same length, at whatever rate is currently being offered at the time. Once the CD renews, FNBA doesn’t send account statements, but you’ll still receive your 1099-INT by mail each year for tax purposes.
First National Bank of America customer ratings and reviews
| BBB accredited | Yes |
|---|---|
| BBB rating | A+ |
| BBB customer reviews | 4.33 out of 5 stars, based on 12 customer reviews |
| Customer reviews verified as of | 11 August 2026 |
First National Bank of America doesn’t have a national Trustpilot profile; but it does have a Better Business Bureau (BBB) profile.
And with the BBB, ratings and reviews are pretty great. It’s accredited by the organization, holds an A+ rating, and customer reviews (though few) are glowing.
While there isn’t much chatter about the bank online, we take that as a good thing. Most folks only go to review platforms for banks and credit unions if they’ve had a bad experience. In this industry, not much news is usually good news.
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How we picked theseWhat is the Finder Score?
The Finder Score analyzes hundreds of CDs from more than 100 institutions. It takes into account the product's interest rate for available terms and opening deposit requirements - this gives you a simple score out of 10.
Different banks and credit unions offer CDs for various lengths of time, ranging from as short as seven days to as long as 20 years. For our ratings, we consider the term lengths that the FDIC uses in its monthly updates on national rates.
If a bank or credit union doesn’t offer a CD for a specific term used by the FDIC, we don’t penalize it: Instead, we simply don’t rate it. Each of the standard term lengths has its own APY rating based on the FDIC’s average rates.
If you’re just starting out and aren’t sure if you’re ready to commit for longer than a year, you’ll want to keep looking. As always, compare your options when considering a CD.
CDs ratings
★★★★★ — 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.
Your reviews
Heather Finder
Staff writer
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