Maximize your savings

CD Pig and Clock

Maximize your savings

  • Get a 3.00% APY* today when you open a 6 Month Add-on CD in our Mobile App or Online Banking service 1
  • $1,000 minimum funding deposit required 2
  • Convenient funding options 2
    • Existing customer? Log in to open and fund your new CD
    • New customer? Click Apply Now and fund your 6 Month Add-on CD by Wire Transfer or ACH
  • Optimize your earnings by adding funds to your 6 Month Add-on CD throughout the term 3
  • Fixed interest rate, compounded daily
  • No opening or maintenance fees
  • FDIC insured up to $250K per depositor, per insured bank, for each account ownership catergory

How do Add-on CDs work?

How do Add-on CDs work?

A certificate of deposit (CD) is an interest-
bearing account, where funds must remain in the
account for an agreed upon period of time, or
“term”.

With an Add-on CD you'll have the added flexibility
of making additional deposits during the CD
term.

 

How to Apply?

We make it easy for you to get started, no checking account is required.

  1. Get started

    Download the Mobile App4 or simply click here to complete your application in minutes.

  2. Check your email

    We'll email you a confirmation when your application is approved.

  3. Fund your account

    You have 60 days to fund your account with the minimum opening balance.2

Already have a qualifying checking or savings account? Simply complete the following steps to get started.

  1. Get started

    Log in to our Mobile App4 or Online Banking Service and select Savings, then Certificate of Deposit from Explore More Products on the Dashboard.

  2. Select an opening deposit and term

    For an Add-on CD select the 6 Month term. The CD must be funded with a minimum of $1,000.

  3. Confirm and submit

    Confirm your contact information, submit your application, and fund your CD from your qualifying checking or savings account, all within minutes.2

  4. Check for confirmation

    Check your email for your new CD confirmation, and you’re all set.

 

Watch your money grow

Apply online
DISCLOSURE

Interest rates offered are subject to change, without prior notice. The CD account interest rate is fixed for the CD term, and will apply until the CD term maturity date. Interest begins to accrue on the day you make your Minimum Opening Balance deposit. Early withdrawal penalties may apply. Fees or a withdrawal during the CD term will reduce your earnings. See Product Terms and Conditions for complete terms, fees and conditions.

Qualifying existing customers can open the CD in our Mobile App or Online Banking Service and must immediately transfer the opening balance from a qualifying East West Bank checking or savings account held individually or jointly in their name. See Product Terms and Conditions for additional requirements.

Other qualifying applicants can apply for and open the CD through our Mobile App or Online Banking Service new customer application feature, and the required Minimum Opening Balance must be deposited to the CD by Wire Transfer, ACH or in-branch deposit within 60 days of the account opening date. CDs that are not funded with the required Minimum Opening Balance amount within 60 days of opening are subject to automatic closure. Any partial funding amount is subject to return, without interest. See Product Terms and Conditions for additional requirements.


The CD is offered on a limited basis, and may not be available to all customers or consumers.

Customers that have an eligible East West Bank checking or savings account may have the option to make additional deposits to their CD using the internal transfer feature in our Mobile App or Online Banking Service.  Customers can also make additional deposits to their CD by Wire Transfer, ACH or in-branch deposit.

Use of East West Bank's Mobile App requires a data connection. Wireless carrier charges may apply.