Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...
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How promotional (bonus) CD rates work
Promotional CDs often have higher rates than standard CDs. Promotional CDs may come in irregular term lengths, such as 21 months instead of the standard 24 months. Financial institutions commonly ...
Investors searching for relatively low-risk investments that can easily be converted into cash often turn to certificates of deposit (CDs). A CD is a special type of deposit account with a bank or ...
Not to be confused with the metallic music-playing discs of the '80s and '90s, CDs — formally known as certificates of deposit — are a savings option still very much in play. This particular savings ...
No-penalty CDs allow early withdrawal without fees, offering flexibility in unforeseen situations. These CDs feature lower interest rates than traditional CDs, trading higher yields for withdrawal ...
With Tax Day tomorrow marking the end of filing season, it's the perfect time to put potential refunds to work in a certificate of deposit. Inflation continued its cooling trend in March with an ...
Certificate of deposit (CD) interest rates have come down slightly from the returns above 5% that were common last year, but they're still relatively high at present. Some of the best short-term CDs ...
CDs and high-yield savings accounts both earn more than traditional savings accounts. CDs require you to lock in your money for the duration of your term. Fluctuating interest rates play a key role in ...
Three-month CDs are a good option for short-term savings goals. The current average rate on a three-month CD sits at 1.30%, but the highest rate is 4.79%. Last week, three-month CDs earned an average ...
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