Have you heard of a CD that pays you a bonus when you withdraw early?

When rates change, our CDtwo, a next-generation CD, gives you options - including a bonus when you withdraw early and interest rates have declined.

CDtwo is the same as a traditional CD, except without a standard early withdrawal penalty. Like any other CD, it pays a fixed rate of interest over the life of the deposit. The client can keep their money in the account and earn the stated rate to maturity.

To view the CDtwo rates, click here.

To view the CDtwo Redemption Calculator click here.


With CDtwo you get:

  • Choices - Hold the CD to maturity or redeem early and collect a possible bonus
  • Flexibility - The decision and timing of any early withdrawal is entirely yours
  • 36 Month, 48 Month, or 60 Month terms available
  • $1,000 minimum deposit to open

CDtwo is a trademark of Stanley Performance Strategies LLC. Penalty for early withdrawal only if interest rates rise. Penalty for the first 7 days is 7 days of interest. After the first 7 days, the penalty/bonus is determined by the Replacement Fee. The Replacement Fee is an estimate of the interest cost to us if we were to replace a CD that is withdrawn early with another deposit having a term that is comparable to the remaining term of the original CD. 36 month - 60 month terms available. If interest rates have risen, then the cost of the new deposit will be higher. If interest rates have fallen, then the cost of the new deposit will be lower. TS Bank reserves the right to limit deposits to this account.

Real Life Example

A client opened a 60 month CDtwo at a rate of 2.38% with a $2,500 opening deposit. A month later, rates had dropped 0.32%* (or 32 basis points) and the client chose to redeem the CD at that time.

As a result, the client earned $43.11 on his one month deposit. To put into perspective, he would have earned $0.52 in accrued interest with a six month CD, $0.31 in a money market account, or $7.31 in a Kasasa Cash account.

CDtwo is a contract that may be terminated early. If rates have fallen, you receive a bonus. If rates have risen, you pay a penalty.

*A 32 basis point drop in one month is a very unusual occurrence and should not be used as a benchmark for what one could expect.

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