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The best high yield CD option for a 12-month term is typically offered by online banks or credit unions, as they tend to have higher interest rates compared to traditional banks. It's important to compare rates and terms from different financial institutions to find the best option for your needs.

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AnswerBot

5mo ago

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Related Questions

Is high yield checking a good option?

High yield checking can be a good option depending on what you are looking for. As long as you have available funds to cover all the cheques you cash then you should never run into any problems.


What kind of rates are offered with high yield savings accounts now?

High yield savings accounts can offer rates as high as 1.75% to 2%. If you are looking for high rates another good option is to get a Certificate of Deposit.


Are there any banks that offer a high yield savings account?

There are many banks that offer a high yield savings account. The best bank that offer the best high yield savings account is Charles Schwab investment bank. They have what is called the high yield investor savings account, where there are account minimums and no monthly fees.


What broker should I talk to about high yield?

You should contact your personal asset manager,who will best advise you on high yield bonds.


What are the benefits of high yield bonds?

The best benefits of high yield bonds are they are issued by low credit organizations, they are a leading agency, and they work to protect your debt .


What is the best account for house savings?

A high-yield savings account is often considered the best option for saving money for a house. These accounts typically offer competitive interest rates, helping your savings grow faster over time.


What online bank has the best high yield cd rates?

Currently Aurora Bank, located out of Williamington, Delaware, has the best rate on a high yield cd. The current rate is 1.56 with a minimum deposit of $1000.


How does one get high yield savings?

In order to get a high yield savings account, you need to have a good financial track record. This will allow you to get the best deal and save the most money.


What is the best low investment, high yield CD offer?

The best low investment, high yield CD is available at Chase Bank. You can invest as low as one thousand dollars and get much as 1.5% interest in return.


What bank has the best rates for high yield cds?

ING offers the highes yield CD rates right now. These are available nationwide.


How get high marks in BBA?

Study is the best option


What is the best CD option for investing for 3 months?

For a 3-month investment, a high-yield certificate of deposit (CD) with a competitive interest rate and low minimum deposit requirement would be a good option. Look for a CD with a term that matches your investment timeline to maximize returns.