Ads
related to: cd bank account calculator
Search results
Results from the WOW.Com Content Network
For premium support please call: 800-290-4726 more ways to reach us
A jumbo CD is a certificate of deposit that requires a minimum of $100,000 to open the account. Like regular CDs, jumbo CDs come with a fixed interest rate and term.
A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. CDs typically require a minimum deposit, and may offer ...
A certificate of deposit (CD) is a low-risk deposit account that earns a fixed rate of return. In exchange for this guaranteed yield, you agree to lock up your money until the CD’s term expires.
Rates for six-month CDs can outpace the average bank account, and longer terms offer rates comparable to high-yield accounts. Drawbacks of a CD Early withdrawal penalties.
The FDIC is an independent agency of the U.S. government that insures savings accounts, certificates of deposit, money market accounts and other deposit accounts for up to $250,000 as a way to ...
Ads
related to: cd bank account calculator