Newtek Bank 2026 Review

Mat C.
Written by Mat C.
Managing Editor & Senior Developer
Mika L.
Edited by Mika L.
Financial Content & Editor

Newtek Bank4.6/5

Rate (APY)
4.00% APY
Term
6 months
Minimum Deposit
$2,500
Promotion
N/A
Apply Now →on Newtek Bank's website

What sets Newtek Bank apart is its straightforward offering of a 4.00% APY for a 6-month CD, which is accessible for both personal and business accounts. This flexibility, along with a solid interest rate, makes it a strong contender for those looking to maximize their savings.

Pros:

  • High APY
  • Available for personal and business accounts

Cons:

  • Higher minimum deposit required

Overall, Newtek Bank is an excellent choice for individuals and businesses seeking a competitive 4.00% APY on a 6-month CD, particularly for those who can meet the $2,500 minimum deposit requirement. Its straightforward terms and solid interest rate make it an attractive option for maximizing savings.

Frequently Asked Questions

Compare CD Rates

Summary of all rates from our cd rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
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