Limelight Bank Review 2025
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At a glance
Overview
Limelight Bank is best for customers only looking to open certificates of deposit (CDs), since that’s all the bank offers. The accounts are ideal for those who just want to park their cash and let their savings grow, since Limelight offers a bare bone digital experience. It doesn’t have its own app, but customers can use Capital Community Bank’s app, which isn’t rated particularly well by the few users who have reviewed it.
Highlights:
Top CD RatesHighlights:
CDs
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
These are sponsored offers rated highly by us for competitive rates, fees, and minimums.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate CD rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Checking rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Overall
Limelight offers a small selection of CDs. The annual percentage yields (APY) on those accounts are generally high. The minimum deposit required to open an account and the penalties for withdrawing early are reasonable.
Pros
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The bank has competitive yields on its CDs.
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The $1,000 minimum deposit requirement for all CDs is reasonable.
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Limelight offers CDs throughout the U.S.
Cons
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Limelight Bank offers a small selection of CDs.
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The bank doesn’t have its own app. It uses Capital Community Bank’s app.
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Limelight Bank banking products
Limelight Bank certificates of deposit
Pros
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Limelight Bank offers competitive yields on its CDs.
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The $1,000 minimum is relatively standard, but note that many online banks don’t have this requirement.
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The early withdrawal penalties are relatively standard, not harsh compared to what some other banks impose.
Cons
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Limelight Bank offers only a few CDs, so you may need to look elsewhere if you’re looking for a particular term.
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Limelight CDs aren’t suited for building a CD ladder.
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Those looking for terms longer than three years will need to look elsewhere.
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The bank doesn’t offer any specialty CDs.
Rate history for Limelight Bank's CD accounts
See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.
How Limelight Bank compares to other banks
Compare different account types offered by Limelight Bank. Annual percentage yields (APYs) shown were updated between Feb. 14, 2025 and Feb. 20, 2025.
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Selected bank
Limelight Bank CD
Bankrate score
4.4
Bankrate CD rating = 4.4/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. |
Most comparable
BMO Bank CD
Bankrate score
4.2
Bankrate CD rating = 4.2/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. |
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Bankrate score
Bankrate CD rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. |
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APY
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Feb. 14, 2025 and Feb. 20, 2025.
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| 4.25% | 3.15% | |
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Minimum deposit
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| $1,000.00 | $1,000.00 | |
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Term
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| 1 yr | 13 mos | |
| Limelight Bank only offers just a few CDs, ranging from six months to three years, but they all earn solid yields. Moreover, the minimum deposit of $1,000 required to open an account is reasonable. | BMO offers many CDs, ranging from three to 60 months. Save a couple of terms, BMO CDs come with solid yields in states where the bank doesn’t have branches. Customers need at least $1,000 to open an account. BMO offers a variety of CD specials, all with solid APYs, too. | |
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Customer experience
Customer support. Customer service representatives are available over the phone, though Limelight omits its operating hours. The bank’s website also features a form to ask questions and an email that reaches the bank, but there’s no live-chat option.
Digital experience. Banking can be done through Limelight’s secure website or through its mobile app, which it provides through Capital Community Bank. The app is listed as CCBankUtah on the Apple App and Google Play stores. Neither app has been particularly well reviewed by the few users that have rated it. In general, Limelight offers a very stripped down digital experience.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.
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