Currently, Popular Direct is not offering any promotions on their accounts. However, you can enjoy some competitive rates on many of their products. While there may not be a cash bonus available, the high-yield rates can provide significant long-term value. Here are some of their top offerings.
| Account | apy |
|---|---|
| Select Savings Account | |
| 12-month CD | |
| 18-month CD | |
| 24-month CD |
Popular Direct Select Savings Account: APY
Popular Direct’s high-yield savings account allows you to earn a higher interest rate than you’d earn from a traditional bank. It also has few requirements and restrictions, making it quite accessible. Here’s more:
- Value: APY
- Minimum deposit to qualify: $100
- Expiration date: None
- How to claim: Open an account with a minimum of $100.
- When you’ll get it: You’ll start earning interest as soon as you open the account and fund it. Interest payment is credited each month when your statement period closes.
- Monthly fees: None
Open a Popular Direct high-yield savings account today.
Popular Direct Certificates of Deposit
A certificate of deposit is a great way to lock your savings and earn a great rate at the same time. Popular Direct’s highest-earning CD comes with a 12-month term. The 128-month and 24-month CDs also have great rates. Here are the terms and conditions:
- Value: for 12 months, for 18 months and for 24 months
- Minimum deposit to qualify: $10,000
- Expiration date: None
- How to get it: Open a CD with a minimum of $10,000 and leave your money for the entire term
- When you’ll get it: Interest compounds daily
- Terms and conditions: Early withdrawals penalties depend on the term. For CD terms between 12 and 35 months, the fee is 270 days of simple interest.
- Monthly fees: None
Start today with a Popular Direct CD.
Opening a Popular Direct Bank Account
You can open a Popular Direct Bank account online in five to 10 minutes. Here’s what you’ll need:
- U.S. driver’s license
- Social Security number
- Home address
- External bank’s account number and routing number to set up funds transfer
The Bottom Line
Although Popular Direct isn’t currently offering cash bonuses, but you can score some great rates through their savings account and CDs. If you’re interested in an online bank with streamlined products, Popular Direct is worth looking into.
Popular Direct Promotions FAQ
Here are the answers to some of the most frequently asked questions about Popular Direct promotions.- Does Popular Direct offer signup bonuses or promotions?
- At this time, Popular Direct does not offer signup bonuses or promotions. You can still find great rates on their current suite of products, including their high-yield savings account and CDs.
- What is the minimum deposit required to open a Popular Direct account?
- The minimum deposit required to open a Popular Direct savings account is $100. This is for the Select Savings Account option. To open a CD, you'll need a minimum of $10,000.
- Can I withdraw money from a Popular Direct CD before it matures?
- Yes, you can withdraw money from a Popular Direct CD before it matures. However, you may have to pay an early withdrawal penalty. The amount depends on the term length.
- How does Popular Direct compare to other online banks?
- Compared to other online banks, Popular Direct offers competitive APYs on its high-yield savings account and CDs. However, they don't offer checking accounts or physical branches. However, if your focus is mainly on finding a place to store your savings and stack interest on your funds, Popular Direct may have the account you need.
More About Popular Direct
Information on promotions is accurate as of Sept. 5, 2025. Additional requirements may apply. Offers and terms are subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.