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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. In the past, jumbo CDs offered ...
Key takeaways. Today's highest CD rate across terms is 5.25% APY, offered on a three-month term. You'll still find APYs of 5% or higher on various CD terms.
S ecuring a 4.29 percent APY now on a on a fixed-rate, four-year CD, with a deposit of $10,000, would earn you around $1,830 in interest by the time the CD matures.
CD rates strongly track with the key interest rate set by the Federal Reserve, the U.S.'s central bank. This Fed rate is the benchmark that affects rates on deposit accounts, loans, mortgages ...
CDs offer fixed interest rates for the duration of their term, making them a predictable investment. Common CD terms include 3, 6, 12 and 18 months.
The best CD rates for March 13, 2024. Digital banks and online accounts continue to offer the highest CD rates and terms with yields that far exceed the FDIC’s national average CD annual ...
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