certain sites have an advisor program which allows you to constantly check rates from multiple banks side by side for different terms of CD lenghts and it also will give you a minimum balance you must put in to start the said jumbo CD.
form_title= Jumbo CD Rates form_header= Find the best rate for a CD. What is your desired rate of return?*= _ [50] Do you have any other open CDs?*= () Yes () No Do you want to add any other financial savings?*= () Yes () No
The average rates for a jumbo CD are between 1.2 and 1.3 percent depending on the company chosen. Rates are also determined by the length of the CD. The longer the term, the better the rate.
The following banks have the best jumbo CD rates: City bank, Ally bank, Nationwide bank, Ever bank, Bank of internet USA, Discover bank and Doral Bank.
You can find the best CD rates by contacting local banks and asking them about their CD rates and comparing them all together to find the best one that meets your needs and wants.
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.
In order to find the rates for Jumbo CD's at banks, you need to talk to an associate at the bank in which you would like to purchase it from. The rates will vary depending on the bank you choose.
Jumbo CD rates are higher than regular CD rates. Sometimes they are only slightly higher but typically require a deposir of $100,000 or more in order to qualify for jumbo rates.
If you make an appointment with an associate at whichever bank you are looking to get a Jumbo CD than they will be able to inform you of the rates. The rates will vary from bank to bank.
form_title= Jumbo CD Rates form_header= Find the best rate for a CD. What is your desired rate of return?*= _ [50] Do you have any other open CDs?*= () Yes () No Do you want to add any other financial savings?*= () Yes () No
Jumbo CD rates usually means the CD is offered for a huge amount of money being invested on the CD. The rates vary from bank to bank but usually it is better than the lower amount CD.
The average rates for a jumbo CD are between 1.2 and 1.3 percent depending on the company chosen. Rates are also determined by the length of the CD. The longer the term, the better the rate.
Key Bank offers a variety of CD accounts including jumbo CDs for account deposits of $100,000.00 or greater. Jumbo CD rates from Key Bank are dependent on the location of the account holder.
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.
I recommend going to a local bank's website and searching there. The following URL gives some rates for CD rates in AZ based on the location of where you want your CD. https://origin.bankrate.com/arizona/cd-rates.aspx
As of June 27, 2011, a 6-month jumbo CD can yield 1.12% with a minimum deposit of $100,000. A 2-year jumbo CD can yield 2.49% with a minimum deposit of $100,000.
The following banks have the best jumbo CD rates: City bank, Ally bank, Nationwide bank, Ever bank, Bank of internet USA, Discover bank and Doral Bank.
The best place to find such online listings can be discovered through financial advice and popular bank websites. Searching CD rates yields websites such as www.bankrates.com which will provide the best answer possible.