Deposit Rates

M.Y. Safra Bank's rates are designed for clients to earn a high return on their deposits. As a bank headquartered in New York City and serving an international clientele, we seek to reward our customers with the best possible rates to reflect the trust and loyalty they show us.

Certificates of Deposit Accounts

Account Term* Classic CD
$5,000 Minimum Deposit to Open Accounts $100,000 Minimum Deposit to Open Accounts
30 Days** 1.00% 1.00%
90 Days** 2.00% 2.00%
6 Months 2.25% 2.25%
9 Months 2.25% 2.25%
12 Months 3.00% 3.00%
18 Months 3.00% 3.00%
24 Months 3.00% 3.00%
36 Months 3.00% 3.00%
48 Months 3.00% 3.00%
60 Months 3.00% 3.00%
All rates for M.Y. Safra Bank are subject to change daily. These rates are effective as of December 12, 2023.
Custom rates are available for Certificate of Deposit maturities in between the terms listed above.
A substantial penalty may be imposed for early withdrawal on Certificate of Deposit accounts.
1 APY = Annual Percentage Yield (APY) assumes monthly compounding of interest and that interest will remain on deposit until maturity.
* A substantial early withdrawal penalty may be imposed on funds withdrawn from a Certificate of Deposit account.
**N/A for IRA Accounts, where term is minimum 6 months.


Personal Checking and Savings Interest Rates

Balance** Personal Interest Checking
Personal Silver Savings & Money Market
High Yield Money Market**
$0 up to $4,999.99 0.05% 0.00% 0.00%
$5,000 up to $24,999.99 0.05% 2.51% 2.51%
$25,000 up to $49,999.99 0.10% 2.51% 2.51%
$50,000 up to $99,999.99 0.10% 2.51% 2.51%
$100,000 up to $249,999.99 0.10% 2.51% 2.51%
$250,000 up to $1,000,000 0.15% 2.51% 2.51%
For more information, or for rates on deposits over $1 million, please call M.Y. Safra Bank at 1.855.MYSAFRA.
1The APY assumes monthly compounding of interest and that remains on deposit until maturity.
* N/A for IRA Accounts, where the minimum term is 6 months.
** Interest rate applied to entire deposit based on balance met. $100 Minimum balance required to open Personal Checking, Savings and Money Market Accounts. $5,000 Minimum balance required to open High Yield Money Market.

Rates on checking, savings, and money market accounts may change after opening. Fees, if incurred, will reduce earnings on the account.
Please refer to the Account Disclosure booklet for terms, conditions, and any fees associated with the accounts listed above.
Savings and CDs
Your savings are the core of your financial health. From regular savings to money market accounts to CDs, choose a solution to meet your short- and long-term investment goals, with nationally competitive rates that reward your confidence in us.
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