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What bank in my area will give me a high certificate of deposit interest rate?
Wiki User
∙ 14y ago
A quick search at a place like Bankaholic will give you the highest CD rates available throughout the country. You can get a CD anywhere, it is not tied to your local area, and by doing so, you might get a higher rate than what is available to you locally. An example would be Tennessee Commerce ank which is offering a $2,500 minimum, 1 Yr CD at 1.69 interest rate. This is rather good, considering that CD rates have fallen with the economic downturn in recent years. If you go for a 5 year CD, you might be able to find returns of around 4%, but you will have to go with an online bank, or at least shop online for deals throughout the US. Unless you are lucky, you will not get the best rate in your local area.
Wiki User
∙ 14y ago
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What is the certificate of deposit interest rate?
Each bank that charges interest for a certificate of deposit is going to charge differently. This question does not specifically mention the bank. The average interest rate, is around 1.000%.
What is a receipt showing that an investor has made an interest-bearing loan to a bank is a?
certificate of deposit
What is the bank with the highest Certificate of Deposit interest rate?
Everbank has a very high interest rate right now.
What are the benefits of a certificate of deposit?
One of the benefits of a certificate of deposit is that you get a high interest rate then if you had a savings account. They are also FDIC insured so if the bank goes under your money is safe.
Where can you find the best CD interest rates?
CD rates refer to Certificate of Deposit rates. To find the best CD interest rates in your area, you should should speak to a financial adviser or contact your local bank representative.
What is a bank CD?
A CD refers to a Certificate of Deposit. It is a certificate given to you by a bank for depositing cash with them. They would pay you an interest for having the deposit with them.
What is the certificate of deposit interest rate?
Each bank that charges interest for a certificate of deposit is going to charge differently. This question does not specifically mention the bank. The average interest rate, is around 1.000%.
Where can one obtain a certificate of deposit interest?
One can receive a certificate of deposit interest from their bank. They could also log on to their digital banking account and find out that way it's easy.
What is a receipt showing that an investor has made an interest-bearing loan to a bank is a?
certificate of deposit
What is the bank with the highest Certificate of Deposit interest rate?
Everbank has a very high interest rate right now.
What is the definition of a certificate of deposit?
An online certificate of deposit is a banking term referring to an online bank account. A certificate of deposit is a sum of money specified by the depositor at and interest rate offered by a banking establishment.
What are the benefits of a certificate of deposit?
One of the benefits of a certificate of deposit is that you get a high interest rate then if you had a savings account. They are also FDIC insured so if the bank goes under your money is safe.
Would a savings and loan bank provide high certificate of deposit interest rates?
In general, yes they would but every bank is different.
Can my bank give me a new copy of my Certificate of Deposit?
If you have lost your Certificate of Deposit, all you have to do is go to your bank, make sure to take some Id with you, and they will be able to look up your bank details and issue you with a new Certificate of Deposit.
Where can you find the best CD interest rates?
CD rates refer to Certificate of Deposit rates. To find the best CD interest rates in your area, you should should speak to a financial adviser or contact your local bank representative.
How do you claim fixed deposit?
Every Fixed Deposit will have a certificate linked to it. The bank would issue you a certificate that is the proof that you have a fixed deposit with the bank that is worth 'n' rupees and matures on 'x' date. You need to carry this back to the bank and submit it and ask for cashing your fixed deposit. The bank will accept the certificate and pay you the cash that is due for the deposit.
What bank account pays you the most interest monthly?
They are called CD's (Certificate of Deposit) or FD's (Fixed Deposits) You deposit a certain sum of money for a fixed duration of time. in return the bank pays you a higher rate of interest when compared to your checking or savings account
