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| The BB&T College Saver CD helps you plan and save for college. With the College Saver CD, you set up a recurring automatic deposit of $50 or more a month from a BB&T personal checking or savings account. You can also make a deposit of $50 or more at the branch, through BB&T OnLine Banking, or through BB&T Phone24 once a month. When it's time to pay for school, make up to four withdrawals a year without penalty when the money is used to pay for college expenses. |
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| College Saver CD |
| Minimum to Open |
$100 |
| Term |
36, 48, or 60 months |
| Interest |
- Tiered rates based on deposited funds
- Compounded daily on collected balances
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| Features |
- Requires an automatic deposit of $50 or more per month from a BB&T checking or savings account
- An additional deposit of $50 or more may be made at the branch, through BB&T OnLine Banking, or through BB&T Phone 24 once a month (Interest will accrue on all additional deposits at the same rate and APY* as the original deposit.)
- Make up to four withdrawals per year without penalty if the funds are used for college-related expenses
- Any withdrawn funds must have been on deposit for at least seven days and no other withdrawals may have been made in the preceding six days
- Account balance may not be greater than $100,000
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Compare all CDs.
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| Apply in Person |
| Apply in person when you visit your local branch |
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| Send us an Email |
| Feel free to contact us by email |
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