answersLogoWhite

0

Where can you find a higher CD rate?

Updated: 9/27/2023
User Avatar

Wiki User

12y ago

Best Answer

You can contact banks in your area over the phone to hear their current CD rates. Many banks have websites now, and many also post their CD rates on the websites.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Where can you find a higher CD rate?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does a persons CD interest rate depend on?

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.


What is the best CD rate in the Mooresville area on a 12 month CD for 50,000.00.?

You can find a CD rate for 13% percent for 12 months.


Where can I find the lowest cd interest rates?

Try visiting www.bankrate.com to find the lowest cd rate in your area.


What is the highest CD rate that you can find?

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.


Where can you find a CD rate calculator?

Many online websites have a CD rate calculator. One can just find one online quickly and use it for free. The most reliable ones are from the official websites of the banks. Union Bank's CD rate calculator would be one of them.


Where can I find out information on a high yield cd and what is it?

A high-yield CD is one that has a greater return on your investment, in other words, a higher interest rate. It's not an account of any kind, you can purchase one at most financial institutions.


What is the highest possible CD 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.


Whats the general difference between a regular CD and a jumbo CD rate?

Jumbo CD rates are higher than regular CD rates because the deposits are generally higher. However due to the recession, the difference in these rates are not great. It is better to invest elsewhere.


Where can I find the current cd interest rates for banks in florida?

Check out www.bankaholic.com/highest-cd-rate-in-florida/


Is a bank savings account interest rate better than a CD?

No, CD rates are higher, but you cannot withdraw the funds as easily as a bank savings account.


Where can one find a good definition for what is a CD?

A CD, or certificate of deposit, is a financial product offered by banks and credit unions that typically pays a higher interest rate than a regular savings account. When you invest in a CD, you agree to leave your money in the account for a specific period of time, known as the term, in exchange for the higher interest rate. At the end of the term, you can withdraw your initial deposit plus any earned interest.


Where do I find information about a cd rate calculator?

Your local bank branch would be able to give you information on CD rate calculator. You may also look on line on several websites. A couple of them are www.bankofinternet.com, www.free-online-calculator-use.com/cd-rate-calculator.