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  2. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    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 CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.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 require a minimum deposit and may offer higher ...

  3. 5 things to know before opening a CD - AOL

    www.aol.com/finance/5-things-know-opening-cd...

    Callable CDs: Callable CDs typically earn higher interest rates than standard CDs, but they come with an extra risk factor — the bank may cut short or “call” the CD before the term is up ...

  4. How do certificates of deposit work? Understanding CDs ... - AOL

    www.aol.com/finance/how-do-cds-work-220139365.html

    A variable-rate CD — also called a flex CD — is a type of certificate of deposit with an interest rate that can fluctuate periodically over the term of the CD based on market conditions.

  5. Read This Before Investing in Callable Certificate of Deposits

    www.aol.com/news/read-investing-callable...

    Callable certificates of deposit (CD) are a way to invest your money for several years with a guaranteed interest rate in an FDIC-insured account. ... Callable certificates of deposit (CD) are a ...

  6. What is a CD (certificate of deposit)? - AOL

    www.aol.com/finance/cd-certificate-deposit...

    The main way to lose money on a CD is by making a withdrawal early in the CD’s term. If the withdrawal comes early enough, the penalty may be large enough to cost all of the interest you’ve ...

  7. Is That High-Interest CD ‘Callable’? Here’s How It Could ...

    www.aol.com/finance/high-interest-cd-callable...

    Imagine this -- you find a 10-year, high-yielding certificate of deposit (CD) that's federally insured and pays you enough monthly interest to cover your basic expenses. You might feel like your ...

  8. What Is a CD (Certificate of Deposit)? - AOL

    www.aol.com/cd-certificate-deposit-020004620.html

    The amount of money a CD will make in a year depends on the CD rate. For example, if the $10,000 CD has a one-year term with a rate of 1.00% APY , it would earn $100. What is a CD account and how ...

  9. Today’s highest CD rate of 4.50% is offered by Quontic Bank on its 3-month CD. ... such as loans and credit cards, rather than CDs. Consequently, CD interest rates offered by these banks are ...

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