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A brokered CD is a certificate of deposit you buy through a brokerage firm, instead of from a bank or credit union. Like traditional CDs, you choose a term length that comes with a set interest rate.
Discover Bank CDs are available in 12 term lengths, from three months to 10 years and with APYs ranging from 0.30% to 2.50%. Numerous CD terms makes it easy for consumers to explore CD laddering ...
A brokered CD is a certificate of deposit you buy through a brokerage firm, instead of from a bank or credit union. Like traditional CDs, you choose a term length that comes with a set interest rate.
Discover Bank is an online-only bank that offers nearly every type of bank account and 12 terms of CDs. The bank is also known for its credit cards and for its payment network. Discover Bank ...
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 CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.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 ...
For example, using Forbes’ CD Calculator, if you deposited $250,000 into a Discover Bank CD (which is offering a 10-year CD with an APY of 3.75% right now) and locked it in for a 10-year term ...
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