Personal Finance
Personal Finance
Step Rate CD
The Super Six Step Rate CD is a 36-month certificate of deposit with an interest rate that increases every six months during its term. The rate for each six-month period is disclosed when the account is opened. At the end of each period, there is a ten-day window where the funds may be accessed without penalty. This CD combines the benefits of a rate that increases over time with liquidity every six months.
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Product At A Glance
Required Minimum to Open

$2,500

Terms 36 months (3 year CD made up of six 6-month terms)
Withdrawals/Penalties

Early withdrawal penalties are waived for ten day period every 6 months

Benefits
  • FDIC Security to the maximum permitted by law
  • Guaranteed Rate
  • Rate increases every 6 months
  • Ability to withdraw funds every 6 months
Bank deposit products and services provided by PNC Bank, National Association. Member FDIC