The BB&T Stepped Rated CD is a 48-month CD with interest rates guaranteed to rise once a year, every year. Enhance your investment with an additional deposit, up to $10,000 once a year.

Features
Minimum to Open	$1,000
Term	48 months
Rates	Rates are guaranteed to rise once per year. Rates and annual percentage yield for all four years are disclosed when the account is opened.
Interest	Less than $100,000: Interest is compounded daily based on the collected balances for all personal certificates with deposit amounts less than $100,000. Interest rates are set based on market conditions and are fixed for the term of the CD. $100,000 or more: Interest on all certificates with deposits of $100,000 or more is calculated as simple interest on collected balances. Interest rates are set for the term of the CD.
Details	An additional deposit, up to $10,000, is allowed once a year, every 12 months from the date of the initial deposit. (Interest will accrue at the rate and APY¹ in effect at the time of the additional deposit.) One no-penalty withdrawal of all or part of the principal funds may be made after 24 months from the date of initial deposit. Any withdrawn funds must have been on deposit for at least seven days and no other withdrawals may have been made in the preceding six days.