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Maximize Your Savings

Open a CD today to lock in a great rate and earn steady returns.1

Fixed interest rates, compounded daily

No opening or maintenance fees

$1,000 minimum balance

Flexible terms from 32 days to 5 years

FDIC insured up to $250K per depositor, per insured bank, for each account ownership category

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How Do CDs Work?

A CD is an interest-bearing account, where funds must remain in the account for an agreed upon period of time, or “term.” You choose the investment term that works best for you—our CD terms range from 32 days to 5 years. Early withdrawal penalties will apply if funds are withdrawn before term maturity.

Generally, CD accounts let you earn a higher rate of return on money you know you won't need for a while. The fixed interest rate is guaranteed for the term of the CD if funds remain in the account until term maturity, making CDs a great low-risk investment option.

Want to learn more?

Read FAQs

How to Apply?

The CD screen from the East West Bank mobile app.

To be eligible to open a CD from our
Mobile App or Online Banking Service,
you must first have a qualifying
checking or savings account.2,3

  1. Get started2,3

    Log in to our Mobile App or Online Banking Service and select “Savings”, then “CD” from “Explore Products” on the Dashboard.

  2. Select an opening deposit

    Select the CD opening deposit amount and term that best suit your needs.

  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.

  4. Check for confirmation

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

Need Help?

Give us a call at

Email Us

Mon - Fri: 6:00 am to 7:00 pm PT
Sat: 9:00 am to 5:00 pm PT


1 CD Annual Percentage Yields (APY) may vary based on term and opening balance. Early withdrawal penalties may apply. Fees may reduce your earnings. Please refer to the additional disclosures received at account opening for complete terms, fees and conditions.

2 Use of East West Bank’s mobile banking application requires a data connection. Wireless carrier charges may apply.

3 To open and fund a CD in our Mobile App or Online Banking Service, you must have a qualifying East West Bank checking or savings account held individually or jointly in your name. See Product Terms and Conditions for additional requirements.