Bank · FDIC insured
Nelnet Bank CD Rates
Nelnet Bank’s best CD rate is 4.25% APY on a 2-year CD. Terms run from 1 year to 3 years. Rates checked October 22, 2026.
How Nelnet Bank’s CD rates compare
Compared with banks and credit unions nationwide. $10,000, best rate first.
This bank’s best
Nelnet Bank
4.25%APY
- Term
- 24 months
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000
- $868
Personal Certificates of Deposit
Top rate
SouthPoint Financial Credit Union
9.00%APY
- Term
- 9 months
- Requires
- None
- Minimum
- —
- Earns on $10,000
- $668
2nd-highest rate
802 Credit Union
8.02%APY
- Term
- 5 months
- Requires
- Another account
- Minimum
- $500
- Earns on $10,000
- $327
Nelnet Bank CD score
89
CD score
Higher than 88% of U.S. banks and credit unions
- 9–15 months9–15 mo4.10%
- 16–30 months16–30 mo4.25%
- 31–60 months31–60 mo4.25%
- QualifiedQualified4.25%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Nelnet Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Personal Certificates of Deposit
Up to 4.25%APY · 3 terms
Must be a U.S. citizen or permanent resident, at least 18 years of age, currently residing in the United States with a physical address in the U.S. Interest compounds daily using a 365/366-day basis and pays monthly.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 monthsEarly withdrawal penalty applies (for terms more than 6 months and up to 12 months, penalty is 90 days' simple interest). $1000 minimum balance required to open and obtain advertised APY | 4.10% | $410 |
| 24 monthsEarly withdrawal penalty applies (for terms more than 12 months and up to 2 years, penalty is 180 days' simple interest). $1000 minimum balance required to open and obtain advertised APY | 4.25% | $868 |
| 36 monthsEarly withdrawal penalty applies (for terms more than 2 years and up to 5 years, penalty is 365 days' simple interest). $1000 minimum balance required to open and obtain advertised APY | 4.25% | $1,330 |
Sources (2)
All captured Oct 4, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.