Poppy Bank CD Rates (November 2026) & Calculator

Every CD term Poppy Bank lists on its website, with what $10,000 earns over the full term.

Special is a promotional rate. Relationship needs a linked account at Poppy Bank. A dash means the same APY as the opening balance. The highlighted row is Poppy Bank's top rate.

Source: Poppy Bank CD rates. Rates change often; confirm before you open an account.

The FDIC national average is what banks and credit unions pay on average, weighted by deposits (Oct 19, 2026). The last column is the best rate among the 82 other banks we track for the same term.

Poppy Bank CD rates compared with the FDIC national average

Term	Poppy Bank	National avg	Best other bank
3 months	4.25%	1.14%	Popular Direct 4.30%
6 months	4.25%	1.39%	Popular Direct 4.35%
9 months	4.25%	1.39% (6 mo)	Synchrony 4.50%
1 year	4.25%	1.76%	Sallie Mae 4.60%
18 months	4.25%	1.76% (12 mo)	Popular Direct 4.80%
2 years	4.25%	1.55%	E*TRADE 4.80%
3 years	4.25%	1.39%	Popular Direct 4.85%
4 years	4.25%	1.31%	Popular Direct 4.95%
5 years	4.25%	1.41%	Sallie Mae 5.00%

Laddering $10,000 across Poppy Bank's 1 year at 4.25%, 2 years at 4.25%, 3 years at 4.25% earns $874.34 by the time every rung matures, and frees cash every year. Plan the full ladder, mixing banks if you like, on the CD ladder calculator.

Example: $10,000 in a 1-year CD at 4.25%, withdrawn after 6 months, has earned $210.29. The penalty is $300.00, so you would get $9,910.29, $89.71 less than you put in.

Model your own deposit and withdrawal date with Poppy Bank's rule pre-filled, including the month the interest beats the penalty and whether switching to a better rate pays off, on the CD early withdrawal penalty calculator.

The penalty is a flat 3% of the principal withdrawn, whatever the term, so it can exceed the interest you earned. Official disclosure (checked 2026-11-07).

CD interest is taxable as ordinary income, federally and in most states. You owe tax in the year the interest is credited or accrues, even if it stays in the CD until maturity. Poppy Bank sends Form 1099-INT when you earn $10 or more in a year. For example, the $104.60 that $10,000 earns over 3 months at 4.25% would cost about $23 in federal tax in the 22% bracket.

If you pay an early withdrawal penalty, it appears in box 2 of your 1099-INT and you can deduct it from your income, even if you don't itemize. CDs held in an IRA follow IRA tax rules instead. See IRS Publication 550.