Bank · FDIC insured
Principal Bank CD Rates
A $9.8B bank, the 161st largest of 4,207, headquartered in Des Moines, IA, with 1 branch in Iowa. It opens accounts online nationwide.
How Principal Bank’s CD rates compare
Compared with banks and credit unions in Iowa, where Principal Bank has the most branches. $10,000, best rate first.
This bank’s best
Principal Bank
2.78%APY
- Term
- 60 months
- Minimum
- $0
- Earns on $10,000
- $1,469
Standard IRA CDs
Top rate
First Federal Credit Union.
7.30%APY
- Term
- 3 months
- Minimum
- $5,000
- Earns on $10,000
- $198
2nd-highest rate
Nicolet National Bank
4.75%APY
- Term
- 60 months
- Minimum
- $2,500
- Earns on $10,000
- $2,612
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special-purpose accounts
Standard IRA CDs
Up to 2.78%APY · 5 terms
Annual fee $15 charged on the anniversary date of account opening after start of first year; waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. FDIC-insured up to $250,000 per depositor. A penalty may be imposed for early withdrawal.
| Term | APY · Up to $250,000 | APY · $250,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 12 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.00% | 1.00% | 1.00%1.00% from $250k | $100 |
| 24 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.21% | 1.21% | 1.21%1.21% from $250k | $243 |
| 36 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 2.68% | 2.68% | 2.68%2.68% from $250k | $826 |
| 48 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.41% | 1.41% | 1.41%1.41% from $250k | $576 |
| 60 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 2.78% | 2.78% | 2.78%2.78% from $250k | $1,469 |
Sources (2)
- secure02.principal.com/bank/apps/rates/index.do
- principal.com/individuals/inve…l-bank/fdic-insured-iras
All captured Oct 5, 2026
Legacy IRA CDs
Up to 1.41%APY · 10 terms
Annual fee $15 charged on the anniversary date of account opening after start of first year; waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. FDIC-insured up to $250,000 per depositor. A penalty may be imposed for early withdrawal.
| Term | APY · $1,000 – $250,000 | APY · $250,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 3 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 0.85% | 0.85% | 0.85%0.85% from $250k | $21 |
| 6 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 0.90% | 0.90% | 0.90%0.90% from $250k | $45 |
| 12 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.00% | 1.00% | 1.00%1.00% from $250k | $100 |
| 18 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.21% | 1.21% | 1.21%1.21% from $250k | $182 |
| 24 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.31% | 1.31% | 1.31%1.31% from $250k | $264 |
| 30 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.31% | 1.31% | 1.31%1.31% from $250k | $331 |
| 36 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.36% | 1.36% | 1.36%1.36% from $250k | $414 |
| 48 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.41% | 1.41% | 1.41%1.41% from $250k | $576 |
| 60 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.41% | 1.41% | 1.41%1.41% from $250k | $725 |
| 72 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.41% | 1.41% | 1.41%1.41% from $250k | $876 |
Sources (2)
- secure02.principal.com/bank/apps/rates/index.do
- principal.com/individuals/inve…l-bank/fdic-insured-iras
All captured Oct 5, 2026
Liquid IRA CDs
Up to 1.11%APY · 2 terms
Annual fee $15 charged on the anniversary date of account opening after start of first year; waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. FDIC-insured up to $250,000 per depositor. A penalty may be imposed for early withdrawal.
| Term | APY · Up to $250,000 | APY · $250,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 33 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.00% | 1.00% | 1.00%1.00% from $250k | $277 |
| 52 monthsAnnual fee waived for balances $10,000 and above. Closing fee $30 waived if funds transfer to a Principal Bank or Principal Financial Group product. A penalty may be imposed for early withdrawal | 1.11% | 1.11% | 1.11%1.11% from $250k | $490 |
Sources (2)
- secure02.principal.com/bank/apps/rates/index.do
- principal.com/individuals/inve…l-bank/fdic-insured-iras
All captured Oct 5, 2026
Opening an account
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