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Bookmark or Share- Certificate of Deposit: Definition, Pros, ConsA certificate of deposit is an agreement to deposit money for a fixed period with a bank that will pay you interest. You can choose to invest for three months, six months, one year, or five years. You will receive a higher interest rate for the longer time commitment.
- CD Calculator- Free Calculator for Certificate of DepositsCD Calculator Calculate your earnings and more. Use this CD calculator to find out how much interest is earned on a certificate of deposit (CD). Just enter a few pieces of information and this CD ...
- How Certificates of Deposit (CDs) Work - The BalanceCertificates of deposit (CDs) are among the safest investments available from banks and credit unions. They typically pay higher interest rates than savings accounts and money market accounts, but there’s one drawback. You have to lock up your money up in the account for a specified period of time.
- Certificate of Deposit (CD) Definition & How CDs WorkA certificate of deposit (CD) is a product offered by banks and credit unions that offers an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a...
- Best CD Rates for February 2020 | BankrateA Certificate of Deposit is a type of savings account that has a set interest rate and withdrawal date. Typically, CD interest rates are higher than traditional savings accounts, but as a trade-off...
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