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Jumbo CDs are Certificates of Deposit that require a high deposit, typically around $95,000. These products are offered by banks. Rates for Jumbo CDs are set by banks, change often and can vary from institution to institution, so the best place to get information on rates is from the bank itself.
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Jumbo CD rates for investors can be found inexpensively based on the actual type being sought out. Investment brokerage firms like Charles Schwab, TD Ameritrade, Scotttrade, E-Trade, and Smith Barney all have these types of CD's. In some cases, larger banks like Bank of America may also have a select few.
