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Limelight Bank CD review

Invest in solar initiatives while earning up to 0.75% APY.’s rating: 4.0 / 5.0


Limelight Bank is an online-only division of Capital Community Bank. It uses a portion of the money you invest in a CD to support environmental causes such as solar energy initiatives. The bank offers highly competitive rates with a six-month CD earning 0.5% APY and a 36-month earning 0.75% APY.


1-year APY


3-year APY


Star rate4
6-month APY0.5%
1-year APY0.55%
18-month APY0.65%
3-year APY0.75%
Early withdrawal penalty90 days interest for terms of 6 to 18 months
180 days interest for terms of 36 + months
Minimum deposit to open$1,000
Interest compoundingDaily

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, and, 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.

Expert review

Limelight Bank CDs are best for those looking to give back to the community. With Limelight you’ll get high yields and the opportunity to invest in green initiatives.

You’ll earn 0.5% APY on a six-month CD and 0.55% APY on a 12-month CD. But you only have four terms to choose from.

How do I open a Limelight Bank CD account?

Open a Limelight CD in five steps:

  1. Go to the provider’s site and follow the steps to apply.
  2. Click Open an account from the Limelight Bank home page.
  3. Click Let’s get started and select the CD term account. Click Continue.
  4. Enter your personal information and click Continue.
  5. Determine how you want to fund your account and fill in your bank information. Click Continue.
  6. Review your application and click Submit.


You must meet the following eligibility requirements to apply for a Limelight account:

  • At least 18 years old
  • US citizen or resident
  • Valid government-issued ID
  • $1,000 minimum deposit

Required information

Have the following information ready before you apply:

  • Social Security number
  • Home address
  • Government-issued ID number
  • Your current bank’s routing and account numbers for an electronic funds transfer (EFT)

Funding options

When you’re ready to fund your account, you’ll have the following options:

  • EFT
  • Mail in a check
  • Wire transfer

Benefits of a Limelight Bank CD

In addition to no monthly fees, you can look forward to the following benefits:

  • Eco-friendly initiatives. Limelight invests heavily in solar energy providers and projects, so the money you invest in savings is used to promote green energy.
  • High rates for short-term investors. Where many online banks offer lower rates on their short-term CDs, Limelight offers 0.5%, which is one of the higher rates offered.

What to watch out for

Keep the following drawbacks in mind before you apply:

  • Limited term options. With only four account options, you don’t have many terms to choose from.
  • Limited customer service hours. Limelight doesn’t offer 24/7 support. Instead, their customer service is open weekdays from 8:30 a.m. to 5 p.m. MST.

If you want more term options, keep looking to compare your options.

Compare with other CDs

Name Product 1-year APY 18-month APY 2-year APY 3-year APY 5-year APY
Quontic Bank CD
Lock in a high rate. Minimum of $500 required to open. Open your account in 3 minutes or less
State Exchange Bank CD
Locally-owned independent community bank. FDIC insured. No fees.
CIT Bank Term CDs
Choose from a range of terms with no maintenance fees and $1,000 minimum to open.

Compare up to 4 providers

How do I cash in a CD?

You have a 10-day, penalty-free grace period from the maturity date to decide what you want to do with your funds. You have the following options:

  • Do nothing. If you let the grace period pass without taking any action, your original deposit and all of the accrued interest will rollover into a new CD with the same term as your original account, but with an updated interest rate.
  • Make a partial withdrawal. You can withdraw some of the funds from your account, and, as long as you keep a $1,000 minimum deposit, the remaining funds will rollover into a new CD.
  • Close the account. Withdraw all of the funds before the end of the grace period to close your account without a penalty.

Frequently asked questions

CDs ratings

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★★★★★ — Good

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★★★★★ — 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.

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