Account APY Expiration Date Money Market Certificate Up to APY subject to change IRA Certificates Up to APY subject to change Coverdell Education Certificate Up to APY subject to change For the 15-month certificate, if you withdraw your funds after 365 days, you’ll be charged 30% of the gross amount of dividends the account would have earned. Although PenFed doesn't currently a new account bonuses, you can expect most banks and credit unions like it to credit your account within 30 to 90 days after you've completed all of the requirements.