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Usually - None. Banks typically do not charge customers for opening certificate of deposit accounts. However, there may be some costs involved (In terms of penalties charged on the interest) if you prematurely close your deposit account before the scheduled end date. Also, in most countries the income earned out of the time deposits is taxable. i.e., the interest that the bank pays you for the deposit will be considered an income and taxed accordingly.

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Q: What is the cost of certificates of deposit?
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What is the plural of certificate of deposit?

Certificates of deposit.


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The bank will give you one every time you make a deposit, if you need a copy of your deposit then talk to your bank. They keep all deposit slips on file for you to have.


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Certificates of deposit rates or CD rates can be compared by visiting the banks that provide them or at the online banks that provide them. One can then decide which rate is right for them.


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The First National Bank of Omaha offers best rates for fdic insured certificates of deposit.


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A person could the interest rates for certificates of deposit by using an interest rate calculator where the amount of the deposit is entered into an equation and the end result will be how much interest will be earned for the term you want.


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