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A quick search at a place like Bankaholic will give you the highest CD rates available throughout the country. You can get a CD anywhere, it is not tied to your local area, and by doing so, you might get a higher rate than what is available to you locally. An example would be Tennessee Commerce ank which is offering a $2,500 minimum, 1 Yr CD at 1.69 interest rate. This is rather good, considering that CD rates have fallen with the economic downturn in recent years. If you go for a 5 year CD, you might be able to find returns of around 4%, but you will have to go with an online bank, or at least shop online for deals throughout the US. Unless you are lucky, you will not get the best rate in your local area.
What else can I help you with?
What is the certificate of deposit interest rate?
Each bank that charges interest for a certificate of deposit is going to charge differently. This question does not specifically mention the bank. The average interest rate, is around 1.000%.
How can I purchase a certificate of deposit?
To purchase a certificate of deposit, you can visit a bank or credit union and ask to speak with a representative about opening a CD account. You will need to provide identification and funds to deposit into the account. The bank will then issue you a certificate of deposit with the terms and interest rate specified.
What is a receipt showing that an investor has made an interest-bearing loan to a bank is a?
certificate of deposit
What is the bank with the highest Certificate of Deposit interest rate?
Everbank has a very high interest rate right now.
What is the current coupon rate for a certificate of deposit (CD)?
The current coupon rate for a certificate of deposit (CD) varies depending on the bank and the terms of the CD. It is the interest rate that the bank pays to the CD holder.
What is a bank CD?
A CD refers to a Certificate of Deposit. It is a certificate given to you by a bank for depositing cash with them. They would pay you an interest for having the deposit with them.
What is the certificate of deposit interest rate?
Each bank that charges interest for a certificate of deposit is going to charge differently. This question does not specifically mention the bank. The average interest rate, is around 1.000%.
How can I purchase a certificate of deposit?
To purchase a certificate of deposit, you can visit a bank or credit union and ask to speak with a representative about opening a CD account. You will need to provide identification and funds to deposit into the account. The bank will then issue you a certificate of deposit with the terms and interest rate specified.
Where can one obtain a certificate of deposit interest?
One can receive a certificate of deposit interest from their bank. They could also log on to their digital banking account and find out that way it's easy.
What is a receipt showing that an investor has made an interest-bearing loan to a bank is a?
certificate of deposit
What is the bank with the highest Certificate of Deposit interest rate?
Everbank has a very high interest rate right now.
What is the definition of a certificate of deposit?
An online certificate of deposit is a banking term referring to an online bank account. A certificate of deposit is a sum of money specified by the depositor at and interest rate offered by a banking establishment.
What is the current coupon rate for a certificate of deposit (CD)?
The current coupon rate for a certificate of deposit (CD) varies depending on the bank and the terms of the CD. It is the interest rate that the bank pays to the CD holder.
How is interest earned on a certificate of deposit (CD)?
Interest on a certificate of deposit (CD) is earned through the bank paying you a fixed rate of interest on the money you deposit for a set period of time. The interest is typically higher than a regular savings account because you agree to keep your money in the CD for a specific term.
What are the benefits of a certificate of deposit?
One of the benefits of a certificate of deposit is that you get a high interest rate then if you had a savings account. They are also FDIC insured so if the bank goes under your money is safe.
Would a savings and loan bank provide high certificate of deposit interest rates?
In general, yes they would but every bank is different.
Can my bank give me a new copy of my Certificate of Deposit?
If you have lost your Certificate of Deposit, all you have to do is go to your bank, make sure to take some Id with you, and they will be able to look up your bank details and issue you with a new Certificate of Deposit.
