Interest Rates
Capitol Federal's interest rates are listed below.
Can't find the rate you need? Click here for the Capitol Federal location nearest you. Be sure to read the important information at the bottom of this page.
Looking for more investment options? Click here.
* Capitol Federal reserves the right to change the rates on this page without prior notice.
Certificates of Deposit
| Term of Deposit | Minimum Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY) | Footnote |
| Rates Effective as of: Thursday, October 9, 2008 | ||||
| 91 Days | $1,000.00 | 1.73% | 1.75% | (3) |
| 182 Days | $1,000.00 | 2.42% | 2.45% | (3) |
| 8 Months | $1,000.00 | 2.52% | 2.55% | (2) |
| 10 Months | $1,000.00 | 2.86% | 2.90% | (2) |
| 1 Year | $1,000.00 | 2.52% | 2.55% | (2) |
| 14 Months | $1,000.00 | 3.10% | 3.15% | (2) |
| 19 Months | $1,000.00 | 2.62% | 2.65% | (2) |
| 2 Years | $1,000.00 | 2.62% | 2.65% | (2) |
| 27 Months | $1,000.00 | 2.81% | 2.85% | (2) |
| 30-month Fixed Rate | $1,000.00 | 3.44% | 3.50% | (2) |
| 3 Years | $1,000.00 | 3.92% | 4.00% | (2) |
| 4 Years | $1,000.00 | 3.44% | 3.50% | (2) |
| 5 Years | $1,000.00 | 3.44% | 3.50% | (2) |
| 8 Years | $1,000.00 | 3.44% | 3.50% | (2) |
| 18-month Floating Rate | $500.00 | 2.00% | 2.02% | (2,5) |
| Floating Rate Retirement Savings | $100.00 | 2.00% | 2.02% | (2,4,5) |
(1) Special Limited Time Offer
(2) Interest compounded daily and paid quarterly
(3) Interest compounded daily and paid at maturity
(4) An IRA also may be invested in a certificate account with a term of 4 years or less.
(5) The interest rate and annual percentage yield may change monthly after the account is open. The interest rate shall be adjusted on the first day of each calendar month to equal the coupon rate for U.S. Treasury obligations issued for two years as determined by the most recent auction. The minimum interest rate is 1.00%, the maximum interest rate is 10.00%.
Money Market Select
The Money Market Select account is a tiered variable rate account. This account pays an interest rate based upon the specific account balance. Your interest rate and annual percentage yield (APY) may change. At our discretion, we may change the rate on your account daily. The following interest rates and annual percentage yields are accurate as of the effective date given below:
| Minimum Balance to earn APY | Rate | APY |
| Rates effective as of: Thursday, September 25th, 2008 | __________ | __________ |
| Below $999.99 | 0.00% | 0.00% |
| $1,000.00 to $9,999.99 | 0.60% | 0.60% |
| $10,000.00 to $24,999.99 | 1.09% | 1.10% |
| $25,000.00 to $49,999.99 | 1.39% | 1.40% |
| $50,000.00 to $99,999.99 | 1.59% | 1.60% |
| $100,000.00 to $199.999.99 | 1.78% | 1.80% |
| $200,000.00 and above | 1.98% | 2.00% |
- The minimum balance required to earn interest is $1,000.00. You must maintain minimum balance levels indicated above in the account each day to obtain the disclosed annual percentage yield.
- Interest will be compounded daily and will be credited to the account on the last day of each calendar month.
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Fees could reduce the earnings on the account.
Important Information
Interest Earnings on Accounts:
The interest rate and maturity date of Certificates of Deposit are established on the date of issue or renewal, with the interest rate (or index) guaranteed for the initial term. Renewals will be for the minimum term and current interest rate for the specified plan as of the renewal date. A renewal notice shall be mailed for each maturing Certificate of Deposit specifying the new interest rate, term and maturity date. Interest on Certificates of Deposit with a term of one year or more will be paid quarterly by credit to the account. Accounts with balances of $1,000 or more may elect for interest to be paid quarterly by checks mailed or by transfers to a companion checking or savings account. Accounts with balances of $5,000 or more may elect for interest to be paid monthly by check or by transfer.
Penalties for Early Withdrawals from Certificates of Deposit and Individual Retirement Accounts:
Premature withdrawals from Certificates of Deposit shall be subject to a penalty. For certificates with an original or renewal term of one year or less, or for the 14-month CD, the penalty shall be equal to 90 days interest at the contract rate, non-compounded. For certificates with an original or renewal term greater than one year, with the exception of the 14-month CD, the penalty shall be equal to 180 days interest at the contract rate, non-compounded. The penalty shall be assessed on the amount withdrawn unless such withdrawal should cause the balance to fall below the required minimum balance, in which case the penalty would be charged on the entire balance and the account would be closed.
Interest which has been credited to the account since the later date of account opening, renewal or interest rate endorsement may be withdrawn at any time without penalty. Withdrawals not later than 10 days after maturity or following the death or adjudication of incompetence of an Account Holder shall not be subject to penalty.
For Traditional Individual Retirement Accounts only (this excludes Roth IRAs) held under Capitol Federal's IRA Trust Agreement (except for Passbook or daily accounts), penalties shall be assessed on withdrawals (other than at maturity, including the ten day post-maturity grace period) until the individual attains 59 ˝ years of age, at which time the IRA Account Holder may withdraw without penalty, subject to laws and regulations concerning distributions from an IRA account, which may result in tax or other penalty assessments by the Internal Revenue Service.
Disclosure of Account Terms and Conditions:
This page is an overview for the various types of accounts offered by Capitol Federal Savings, but is not a disclosure for the complete terms and conditions which apply to deposit accounts. Complete disclosures are available from any office of Capitol Federal for each type of account.
