• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
APY GUY: Maximize Your Savings & Earnings

APY GUY: Maximize Your Savings & Earnings

MENUMENU
  • Saving and Spending
    • CDs
      • CD Rates Forecast 2022 – Will Rates Go Up in October and November?
      • Capital One CD Rates
      • Ally Bank CD Rates
      • Chase CD Rates
      • Citibank CD Rates
      • Discover Bank CD Rates
      • US Bank CD Rates
      • Fidelity CD Rates
      • Edward Jones CD Rates
      • Charles Schwab CD Rates
      • Navy Federal Credit Union CD Rates
      • Vanguard CD Rates
    • Savings
      • Best High Yield Online Savings Accounts for 2023
      • Affirm Savings
      • Aspiration Spend & Save
      • Bask Bank High Interest Savings
      • Citi Accelerate Savings
      • Citizens Access Online Savings Account – 2.35% APY!
      • Fitness Bank Savings Review – Now up to 3.60% APY!
      • LendingClub High Yield Savings – Now 2.75% APY!
      • Smarty Pig
      • Synchrony High Yield Savings Account – Now 2.45% APY!
      • UFB Direct Savings Account – Now 3.01% APY!
      • Alternatives to CDs and Savings
    • Checking & Debit
      • 25+ Best Debit Cards for Kids & Teens [December, 2022]
      • Best Bank Promotions & Cash Bonuses for 2022
      • Citibank Checking Account Bonuses
      • Huntington Bank Bonuses
      • PNC Bank Bonuses
      • Truist Bank Bonuses
      • Wells Fargo Checking Account Bonus
      • Chase First Banking
      • Fidelity Youth Account
      • Verizon Family Money
      • Copper Banking
      • BusyKid
      • Greenlight
  • Investing
    • Real Estate
      • Top 8 Real Estate Crowdfunding Platforms for 2022
      • Yieldstreet Review 2022 – 9.71% Avg Annual Returns
      • CrowdStreet
      • Fundrise Review: Compare Annual Returns vs Competitors
    • Stocks & More
      • Best Stock Screening Service
      • MotleyFool
      • Stansberry Research
      • Seeking Alpha
      • Zacks Investment Research
      • Citi Personal Wealth Management
      • Robinhood Cash Management
      • Fidelity Cash Management
You are here: Home / CD Rates / Credit Human CD Rates – Up to 2.80% APY!

Credit Human CD Rates – Up to 2.80% APY!

editorial staff
August 9, 2022

Credit Human is an NCUA-insured credit union based out of San Antonio, Texas.

They’ve been around since 1935, originally as SACU (San Antonio Credit Union), but were rebranded as Credit Human in 2016.

Today, they have dozens of branches in Texas but most are concentrated around San Antonio and Houston.

That said, consumers throughout the United States are eligible for membership by joining the non-profit American Consumer Council (ACC) if they can’t meet the standard route of membership. More on this below.

In this review we will focus on Credit Human’s CD (certificate of deposit) rates which significantly beat the national average. They offer customizable terms that range from 6 to 120 months.

To see if Credit Human and their certificates of deposit are right for you, continue reading our review.

In this post you'll learn:

  • Credit Human CD Rates + Account Details
  • CD Rates
  • Compounding and Crediting Interest
  • Grace Period and Early Withdrawal Penalties
  • How to Join Credit Human

Credit Human CD Rates + Account Details

image credit: credithuman.com

Credit Human CDs come with a minimum deposit requirement of $500 and are federally insured up to $250,000 by the NCUA (FDIC equivalent for credit unions).

You can select the CD term that works for you down to the exact month. Below are the yields associated with each term.

CD Rates

Term RangeAPY
6 – 11 months1.30%
12 – 17 months1.70%
18 – 23 months1.80%
24 – 35 months2.00%
36 – 59 months2.50%
60 – 83 months2.60%
84 – 119 months2.70%
120 months2.80%
APY = annual percentage yield

To put these yields into perspective, the national average for a 12 month CD and a 60 month CD sit at just 0.31% and 0.57% APY, respectively, according to FDIC data.

Top yields from FDIC-insured online banks and nationally available credit unions, however, top 2.50% and 3.50% APY, respectively for the same terms mentioned above.

Compounding and Crediting Interest

Credit Human CDs feature daily compounding interest which is paid out monthly. Please note that the APY (annual percentage yield) quoted above assumes your monthly dividends are returned to the CD until maturity. You can withdraw them but it will affect the overall APY that you earn.

Grace Period and Early Withdrawal Penalties

Upon your CD’s maturity Credit Human will provide you with a 10 calendar-day grace period in which you can add or withdraw funds without incurring a penalty. If nothing is done during this 10 day period, the CD will automatically renew with the same term and whatever the APY is at that time.

If you need access to any of your principal amount prior to the maturity of your Credit Human CD, you will incur an early withdrawal fee.

Credit Human does not disclose the calculation used to come up with the fee on their website nor within their terms and conditions.

We reached out to a representative (Martha) who stated, “the system will run the exact calculation at the time of early withdrawal.” They then gave an example of a 5 year term CD, which they stated, “the calculated amount would equal to 730 days of dividends that were or would be earned on that certificate.”

They also noted that these early withdrawal penalties could affect the principal as well depending on when it is redeemed.

How to Join Credit Human

There are several ways to join Credit Human. For starters, you are automatically eligible if you meet any of the following criteria:

  • If you are an employee or member of one of their employer or organization partners. Learn more here.
  • If you live, work, worship or attend school in Credit Human’s service area. View map to see if you are eligible.
  • If you are a veteran, retiree, active duty member or dependent of a member of the U.S. Armed Forces or National Guard.
  • If you study at one of their trade schools, colleges or university partners.
  • Related to or live with a current Credit Human member.

If none of the above work for you, but you’d still like to open a CD with Credit Human, you can join the non-profit American Consumer Council (ACC) which comes with Credit Human membership eligibility.

If you choose this option, Credit Human will handle everything, including your $8 fee to join.  Your name, address, email and phone number will be shared with ACC as part of the enrollment process. 

Please note: ACC will not share your information with third parties.

ABOUT THE AUTHOR

editorial staff: A group of savers, investors, side-hustlers and entrepreneurs serve the editorial team with a combined 20 years experience in entrepreneurship, banking and blogging.
Read More

Filed Under: CD Rates

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

APY Updates

  • Ivy Bank Review – Deposit Rates up to 4.85% APY!
    January 27, 2023
  • Best CD Rates in New Jersey – Up to 4.60% APY!
    January 26, 2023
  • PenFed Credit Union CD Rates – Now up to 4.70% APY!
    January 26, 2023
  • Capital One CD Rates – Now up to 4.30% APY!
    January 25, 2023
  • Ameriprise Financial CD Rates – Now up to 4.40% APY!
    January 24, 2023
  • Webster Bank CD Rates – Now up to 4.25% APY!
    January 23, 2023
  • Flagstar Bank CD Rates – Now up to 4.00% APY!
    January 23, 2023

The Big Banks

  • Bank of America CD Rates
  • Capital One CD Rates
  • Citibank CD Rates
  • Chase Bank CD Rates
  • Wells Fargo CD Rates
  • U.S. Bank CD Rates

Noteworthy Credit Unions

  • Navy Federal Credit Union CDs and Savings
  • Patelco Credit Union CDs and Savings
  • PenFed CDs and Savings
  • Connexus Credit Union CDs and Money Market

Brokered CDs

  • Edwards Jones
  • Charles Schwab
  • Fidelity
  • Vanguard

Alternatives

  • 12 Alternatives to CDs and Savings Accounts

Real Estate Investment Platforms

  • Fundrise - up to 22% Returns
  • CrowdStreet - up to 17.1% Returns
  • Yieldstreet - Avg 10.61% Returns

Footer

Disclaimer

APY GUY strives to keep its information as accurate and up to date as possible. This information may be different than what you see at a bank, credit union or other financial institution. This applies to both in person visits and their website(s). Any financial products or services represented or discussed on this website are without warranty. When evaluating offers viewed on APYGUY.com, please read the financial institution’s Terms and Conditions.

About Us. Privacy Policy. Terms Of Use. How We Make Money.

Categories

Connect with Us:

  • Email
  • Facebook
  • LinkedIn
  • Twitter

Know of a fantastic APY offered by your local bank or credit union?

Don’t be shy, please share!

Send an email to hello@apyguy.com with the name of the institution, rate (APY) and type of product.

Our editorial staff will confirm the product, rate and APY (annual percentage yield) with the institution and publish it immediately for our viewers.

Copyright © 2023 - APYGUY: Maximize Your Savings & Earnings

Home>CD Rates>Credit Human CD Rates – Up to 2.80% APY!