A certificate of deposit (CD) account is a popular savings tool offered by banks and credit unions that require you to lock your money away for a set period of time in exchange for a fixed interest ...
Brokered CDs can be a convenient option if you already have a brokerage account. Instead of opening a new certificate of deposit account at a bank or credit union, you simply log in to your existing ...
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 ...
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
With interest rates higher than they have been in 40 years, it may be a good time to consider investing in a certificate of deposit. While most CDs offer fixed rates, there are some flexible CD ...
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Bump-up CDs: What they are and how they work
A bump-up CD allows you to increase your interest rate one or more times during the CD’s term if rates rise, typically on 2-3 year terms. Bump-up CDs typically start with APYs that are 0.10-0.25 ...
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