Latest Articles
Suntrust Saving Account Rates
Due to the overall weak economy, the federal government has kept their key interest rates low to encourage people to borrower money and buy products and services. While this is great for people looking to purchase a home or car, those looking to save money in risk free accounts have trouble finding high yielding accounts. [...]
Should I renew my upcoming CD or liquidate?
Should I renew my upcoming CD or liquidate? That is a tough question, and it comes down to your particular situation. In today’s troubled economic times, you have to watch your budget closer than ever, and any influx of cash is always helpful. The key is to make sure you don’t hurt yourself more in [...]
Bank of America: not always the best bet for high CD Rates
Is Bank of America really the best place to put your money for a CD?
How do I find the highest CD rates?
Need help finding the highest CD rates? This article spells it out for you.
Wells Fargo CD Rates in 2010
Understanding the concept of putting your money in a CD at Wells Fargo. What can we expect from one of the largest commercial banking institutions in the world?
Different Types of CDs
Introduction
Even during difficult economic times, certificates of deposit continue to be an investment option for investors. There are various types of CDs. If you are an investor, you have to find a CD that fits your particular investment goals. If you are interested in CDs, the following are some of the options that you have.
Traditional
The [...]
What is a traditional CD?
A traditional CD is a certificate of deposit that pays interest on an investment over time. A CD is one of the safest investments out there, and they come in a wide variety of terms, interest rates and investment levels. A CD is commonly known as one of the best ways to start a traditional [...]
Are CD Interest Rates Looking Up?
Many conservative investors who invest in certificates of deposit (CD’s) are starting to wonder if CD interest rates are going to back up towards their pre-recessionary levels. This is a fair question to ask because according to the BankRate.com’s CD interest rate page, current CD interest rates are ranging from 0.99% to 1.75% for one-year [...]
Is there a penalty to withdraw my CD?
A certificate of deposit, or CD as they are commonly called, is a time deposit. Similar to a savings account, CDs accrue interest over a period of time, with the issuing bank setting the interest rates or CD rates. CDs are most often issued by credit unions and banks, but may also be offered through [...]
What are CD Rates?
A certificate of deposit is a financial instrument offered by many of the banks today. Though a CD has some similarities to a savings account, there are some marked differences to note, as well. Typically, a person will invest money in a certificate of deposit over a fixed term, meaning that they will allow the [...]
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