Ususally the interest rate on a CD will depend on various things. You will find you can get a higher rate if the amount of investment is higher, the term is longer, if you choose smaller institutions or credit unions and if it is a personal CD vs a Business.
That would depend on the amount of the CD, as well your bank. Some banks will raise your interest rate a bit, but you have to ask them to do so. If the CD is a large one ($50,000 or more) then they will sometimes go up one half to three fourths of a point on your interest rate. But always be sure that where ever you do invest your money that it is FDIC insured. FDIC - Federal Deposit Insurance Corporation
A good Cd interst rate would be above 1,5,currently Discover Bank New Castle, offer a Cd interest of 1.69
The website Bankrate was able to list the best CD interest rates. Metlife offers a 1.290% interest rate, E-Loan offers a 1.250% interest rate, and Aurora Bank offers a 1.200% interest rate to name a few.
the best rate is 5 percent
For a one year CD, the best rate is 1.31%. If you can invest a little more long term, you can get a 2.75% interest rate with a five year CD. A 3 year currently carries a 3% interest rate.
This will depend greatly on how long of a CD you are looking to invest in. The longer the investment the higher the intrest rate. These rates are something that would change on a daily basis.
To calculate CD interest rate, all you have to do is to just multiply the principal amount you have invested in CD with interest rate. If u want to calculate for the monthly interest then divide the resultant with 12.
That would depend on the amount of the CD, as well your bank. Some banks will raise your interest rate a bit, but you have to ask them to do so. If the CD is a large one ($50,000 or more) then they will sometimes go up one half to three fourths of a point on your interest rate. But always be sure that where ever you do invest your money that it is FDIC insured. FDIC - Federal Deposit Insurance Corporation
A good Cd interst rate would be above 1,5,currently Discover Bank New Castle, offer a Cd interest of 1.69
The website Bankrate was able to list the best CD interest rates. Metlife offers a 1.290% interest rate, E-Loan offers a 1.250% interest rate, and Aurora Bank offers a 1.200% interest rate to name a few.
Your actual interest rate will depend on the amount of your deposit and the length of time you choose to keep it deposited. Bankrate.com is a great source for finding current CD rates from multiple banks. You'll find current rates run from .50% APY to 2.20 APY.
the best rate is 5 percent
For a one year CD, the best rate is 1.31%. If you can invest a little more long term, you can get a 2.75% interest rate with a five year CD. A 3 year currently carries a 3% interest rate.
"Huntington" IS THE BEST BANK CD INTEREST RATE OFFERED IN DETROIT WHICH CANNOT BE COMPARED WITH THE OTHER BANK CD RATES
The interest rate for the 3 month CD varies. It is usually somewhere between 1.5-2%.
The interest rate on a CD can be different in each bank, and they change all the time. Generally, the interest rate is stated at the time you buy the CD, and it doesn't change on that one once you've bought it ... the rate won't be different "after 1 year".
You can get a CD interest rate by applying for one through one of several websites. You should investigate different rates before making a final decision.