What is the current EverBank CD rate?

On October 9, 2026, EverBank's Performance CD page showed 3.50% APY on the 12-month term and 4.10% on the 13-month term, with other terms between 3.40% and 4.35%. Rates change, so verify at everbank.com before opening.

What is the minimum deposit for an EverBank CD?

EverBank's CD page showed a $1,000 minimum deposit on October 9, 2026, higher than banks with no minimum, such as Ally. Confirm the current minimum at everbank.com.

Is EverBank the same as TIAA Bank?

Yes. EverBank was previously known as TIAA Bank. The institution rebranded back to the EverBank name in August 2023. It is FDIC insured and headquartered in Jacksonville, Florida. If you previously had a TIAA Bank CD, it is now held under the EverBank name.

EverBank CD Rates 2026 — Terms, APYs, and How They Compare

EverBank’s Performance CD paid between 3.40% and 4.35% APY depending on the term, as of October 9, 2026, with a $1,000 minimum deposit. Confirm current rates at everbank.com before opening a CD. Formerly known as TIAA Bank, EverBank is headquartered in Jacksonville, Florida, and operates primarily as an online bank.

EverBank Performance CD Rates

Term	APY
3 months	3.60%
6 months	3.60%
7 months	3.60%
9 months	3.40%
12 months	3.50%
13 months	4.10%
18 months	3.40%
24 months	4.35%
25 months	3.65%
30 months	3.40%
36 months	3.40%
48 months	3.40%
60 months	3.40%

APYs from EverBank’s CD page, as of October 9, 2026. Rates differ a lot by term: a 13-month CD paid more than a 12-month CD, and several longer terms paid less than shorter ones. Rates change, so verify before opening.

How Much Can You Earn?

On a $10,000 deposit in the 12-month CD at 3.50% APY, the interest after 12 months is about $350. On the 13-month CD at 4.10% APY, it is about $445 over 13 months. Calculated from the APY, assuming it is earned for the full term.

Early Withdrawal Penalties

We could not confirm EverBank’s penalty schedule on a page we could read. Check the account agreement for your term before opening, and plan to hold the CD to maturity.

EverBank vs. Ally and Marcus

Compare each bank’s currently advertised rate, minimum deposit and penalty terms on its own site. EverBank asks for $1,000 to open a CD, and Ally has no minimum. Our best CD rates guide lists dated bank-page rates for several banks.

CD Renewal at EverBank

EverBank gives you 10 business days after maturity to withdraw or change terms without penalty. Review your renewal options before maturity and compare the renewal rate with current offers elsewhere.

Who Should Open an EverBank CD?

Best for:

Savers with $1,000 or more who want an online CD without a full banking relationship elsewhere
Former TIAA Bank customers already familiar with the platform

Consider alternatives if:

You have less than EverBank’s minimum deposit
You need penalty-free access before maturity
You want the highest rate for a given term: EverBank’s rates varied widely by term, so compare several banks

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

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