Comenity Direct:
Online Certificate of Deposit - 0.70% APY

• $100 minimum opening balance
• Maximum deposit balance limit of $10 million per Account holder
• No hidden fees
• Free monthly maintenance
• Free ACH transfers
• Free online statements
• Free incoming wire transfers
• Unlimited deposits via mobile check capture and ACH transfer
• $25 per outgoing wire transfer
• $15 per official check request
• $5 per paper statement request
• Auto-renew at maturity or cash out without penalty within the 10-day grace period


Fee and Feature Guide

Certificate of Deposit
Interest Rate
APY 0.70%
Term Length 12 Month
Minimum deposit amount $1,500.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $1,500.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $0.00
Fees
Early withdrawal penalty 180 days interest
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee N/A
Incoming Wires N/A
Statements
Paper Statements Yes
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking Yes
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for Comenity Direct


  • June 15, 2021 |

    Online Savings Rates

    I was so pleased with the service and so frustrated by low rates everywhere that I was thinking about moving from a savings to a 1 yr CD and they have a 180 day penalty so I held off

  • March 6, 2021 |

    Online Savings Rates

    No problems. Easy to open and use.

  • February 12, 2021 |

    Online Savings Rates

    I've got accounts at all of these places (beats getting 0.01% on my cash in brokered CDs at Morgan Stanley). I was pleased to see a new entrant that was spending a little to build a brand. The account opening process was - dare I say - fun. I did need to call with an access issue and the phone was answered immediately by a very helpful woman who treated me like a grown up (addressed me by my last name and did not become frustrated with my mistakes entering the information). I'd put this in the same league as Marcus or Citizens and above everything else I have experienced on your list.

  • January 14, 2021 |

    Online Savings Rates

    Easiest account set-up process ever.

  • May 5, 2020 |

    Online CDs 12 Month Rates

    We had a great experience setting up two CDs. Maybe they have heeded the past bad reviews?

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