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College Saver CD

Plan and save for college with a deposit of $50 or more per month. Once school starts, you can make up to four withdrawals a year to pay for college expenses.


The College Saver CD has terms of 36, 48, or 60 months. To get started:

  • Set up an automatic deposit of at least $50 or more per month from a BB&T checking or savings account.
  • Make one additional deposit of at least $50 per month by draft, in person or through BB&T online banking.
  • Make up to four withdrawals per year without penalty if the funds are used for college-related expenses.1

Account balance must be less than $100,000.

Minimum to Open



Tiered rates based on deposited funds:

  • Compounded daily on collected balances
  • Interest accrues for all additional deposits at the same interest rate and APY2 as the original deposit or the rate in effect at the last renewal

Account Benefits

A Simple, Easy Way to Save

  • No monthly fees
  • Automatic renewal
  • May be pledged as loan collateral

Convenient Grace Periods

  • During a grace period at renewal, you may negotiate a new term or rate. You may also adjust your account balance.
  • If no adjustments are made at grace period, your CD continues to grow at the interest rate and annual percentage yield in effect on the date of renewal.

Still need help?

Get Assistance

By Phone

Call us at 800-BANK-BBT (800-226-5228).

Visit a BB&T Financial Center

Contact Us

Call 800-BANK-BBT



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