BB&T offers 19 terms of CDs. Its personal CD rates range from seven days to five years.
BB&T offers several different types of certificates of deposit. In addition to its traditional CDs, the bank offers an add-on CD and a step-up CD that allows yields to rise automatically at set intervals. There are also some CD specials for accounts with unique term lengths.
The bank’s Can’t Lose CD is also flexible since it lets you add funds and you can make a penalty-free withdrawal during the first year of this 30-month CD.
Penalties apply for early withdrawals of the principal balance. For example, with the bank's 12-year CD, an early exit will cost you $25 or three months of simple interest.
Different types of CDs are offered, including one letting you deposit additional funds.
Interest can be withdrawn prior to maturity.
BB&T’s CDs with terms longer than 31 days have a $1,000 minimum deposit requirement. That’s lower than some other banks.