How do highest cd interest rates affect me?

1 Answer

Answer :

If you have funds invested in CDs, a higher rate will result in a greater return. Higher rates are usually given for longer terms of investment.

Related questions

Description : What bank pays the highest cd interest rates?

Last Answer : Bank of America offers the highest CD rates in the industry.

Description : What are the absolute highest cd interest rates?

Last Answer : The absolute highest cd interest rates is about 10%

Description : Which online banks have the highest CD interest rates?

Last Answer : Which online banks have the highest CD interest rates? can help you find the best current rates.

Description : Do banks provide the highest CD interest rates now?

Last Answer : Banks are generally the only ones that provide CDs. If you mean WHICH bank provides high interest rates, check out Ally bank. Its CDs have an APY of 1.7%, one of the highest in the industry.

Description : Where can I find the current cd interest rates for banks in florida?

Last Answer : Check out www.bankaholic.com/highest-cd-rate-in-Florida/

Description : Are the interest rates of a CD likely to go up in the next few months?

Last Answer : Yes, the interest rates will most likely go up due to the economy

Description : Where can I find good cd interest rates in boston?

Last Answer : Bank of America offers great CD rates in your area.

Description : How To Get The Best CD Interest Rates?

Last Answer : You must shop around to find the financial institution that offers the best certificates of deposit interest rates. Make a list of financial institutions in your area and call each one. Ask about their CD ... earning interest is harder to do these days but with research and advice it can be done.

Description : Which bank currently offers the highest CD rates?

Last Answer : cdrates.bankaholic.com offers an extensive look at all current CDs and CD rates offered by all major credit unions and banks. Additionally, the site offers reviews of the CD options.

Description : Highest CD rates for 3 months - $50,000 in or near 90630 area?

Last Answer : only about 2% but 2.5% is the max try Wells Fargo

Description : Highest rates for CD?

Last Answer : the cd rates generally fixed for the cd.for more information please go for Google search.

Description : highest yeilding CD rates, and where?

Last Answer : best cd rates near 60014

Description : What's the highest interest rates that the online financial institutions paying for 2 year CDs?

Last Answer : The higest rates can be between 1.5%-3% APR. The APR is different for each financial institution.

Description : Whats the highest savings account interest rate, and CD interest rate, you know of?

Last Answer : For savings I use smartypig.com. It works great.

Description : Why is there such a disparity in CD rates between local banks and national (online) banks?

Last Answer : I can’t think of a reason. I have Ally for some “safe” CDs. I invest some in stock that gives dividends and they offer much higher rates but there is some risk. XOM Exxon Mobil 3.57% DIS Disney 1.43% KO Coca Cola 2.99% There are many blue chips that are similar..

Description : What are good CD rates? What bank should I go to?

Last Answer : You should be able to find a better rate than that. Some savings accounts are .9% now. As you shop for rates I would suggest not locking up the money for more than 2 years because it looks like the economy is starting to move, maybe rates will rise a little.

Description : What bank in NC has the best CD rates?

Last Answer : Bank of America in NC has the best CD rates. You can read more at deposits.interest.com/content/compare/ and also www.depositaccounts.com/blog

Description : What are reasonable CD rates from banks these days?

Last Answer : The best CD rates will be on the long term CDs. The best offering by a bank for a 5 year CD is 3.41% by EverBank in Jacksonville, FL. Generally speaking, you should be able to get at ... At current, the top national rates vary anywhere from .94% to 1.69% depending on location and amount deposited.

Description : Which bank is giving the best cd rates?

Last Answer : Chase and Bank of America is giving the best cd rates. You can find more information at www.bestcashcow.com/bank_rates/savings.html or cdrates.bankaholic.com/category/cd-rates/

Description : What are the going rates for a 6 month cd?

Last Answer : A search of the national banks using bankrate.com shows that most major banks offering 6 month CDs are giving between 1-1.2% APR. The range covers the different deposit requirements at the various institutions.

Description : What are the rates for ira cd?

Last Answer : IRA CD rates can vary depending on your bank. It is best to shop the rates online to get the max return.

Description : what bank have the best rates in savings, checking, money market and cd accounts?

Last Answer : Bank rates vary on an almost daily basis. You can get up to date comparisions for all types of accounts at http://www.bankrate.com/

Description : what are your current CD rates?

Last Answer : Go to web site www.bankrate.com for the most current CD rates.

Description : Bank CD rates in Santa Maria,Ca.?

Last Answer : Please visit this site and choose the closest major city to Santa Maria (Bakersfield, for example) --http://www.bankrate.com/bhabr/rate/depRsearch_market.asp?params=CA,0 Then choose the types of CDs you're interested in.

Description : I live in Birmingham area. What local banks have the best cd rates?

Last Answer : Check the website bankrate.com. It will give you a list of local banks and the cd rates. You will be able to choose what is the best choice for you!

Description : Best FDIC insured CD rates for 6 to 13 months?

Last Answer : www.selectcdrates.com/ is a great place to look for that infomration and have it be up to date

Description : What are the best bank CD rates short term in my area. Vero Beach, Florida. FDIC insured?

Last Answer : In Vero Beach, Florida, you can currently get CD rates all the way up to 3.25%. Most short term CDs are closer to 2%, however.

Description : Jumbo CD Rates?

Last Answer : 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

Description : Why Are CD IRA Rates So Low?

Last Answer : When an IRA account is opened initially, it is common for investors to purchase high interest assets with their retirement money. They often will pick out a few mutual funds or a mix of stocks ... while enabling funds to grow more quickly than they would with other types of low risk investments.

Description : Are 9 Month CD Rates Right for You?

Last Answer : Every financial decision you make will affect your ability to more effectively grow your money over time. Simple decisions such as whether to purchase a basic cable plan over an extended cable plan can mean you ... with a penalty if you cash in your CD before the end of the term has been reached.

Description : Finding the Best IRA CD Rates?

Last Answer : IRA CD rates can vary greatly among the traditional and online banks and credit unions that offer them to investors. Getting into an IRA CD is an excellent option for anyone wishing to ... the best IRA CD rates allows investors to safely position their principal investment for predictable income.

Description : Where are the best cd rates in Nashville, TN?

Last Answer : The best cd rates in Nashville, TN can be found via this link. http://cdrates.bankaholic.com/ Looking up local banks amy also yield favorable cd rates.

Description : What bank has the best cd rates?

Last Answer : Banks do not really compete in teh interest rates of a certificate of deposit. The rates usually tend to be between 3 and 5 % which is constant at all banks.

Description : What are the cd rates of the average bank?

Last Answer : Different banks have different cd rates for different maturing time periods. To know the cd rates either you can visit your local banks or find out online from bank sites or visit the following web site www.bankrate.com

Description : What's your view on CDs and interest rates given that (supposedly) inflation is about to pick up?

Last Answer : I'd go with the one year. I have a .9% interest rate with a CD that has about 6 months left, and I can actually add money to it at any time, but I can not withdraw it once it is in ... in the next 6 months interest rates will start to rise. Complete guess, I obviously do not have a crystal ball.

Description : Could someone explain very simply what negative interest rates are?

Last Answer : answer:Normally, when you have a savings account, interest causes your balance to increase over time. Negative interest means your balance decreases. So, negative interest applied to normal people means that ... to borrow money. Of course, that would never be applied to normal people taking loans.

Description : Why are interest rates so low in countries like USA, UK?

Last Answer : I think it has something to do with our unique economic theory on how to avoid bankruptcy through low interest overnight interbank loans. Or something like that. Calling @zenvelo…

Description : How low can interest rates go in Canada and other countries?

Last Answer : I don’t believe it could ever go in the negative, but we will see I really doubt it could go any lower than it already is.

Description : What does it mean when a central bank increases interest rates?

Last Answer : It's usually the interest rate that banks can borrow from each other and yes they have to pay back any money they borrow. Comercial banks will also use the central banks interest rate to ... central bank tries to reduce the amount of borrowing and therefore the potential exposure to loses of banks.

Description : Map to show interest rates across the UK?

Last Answer : Um I meant inflation. meh delete this thread.

Description : Will the new credit card laws in the U.S. reinstate old interest rates for the customers they gouged before the new law?

Last Answer : Actually, what I read and the notice I recieved from MasterCard, interest rates are going up to close to 30%. I am going to see if our local loan shark issues plastic. I think we can ... credit card interest rates, and 30% healt insurance premimums. Do you wonder why the middle class is shrinking?

Description : What happens when the Fed cuts interest rates?

Last Answer : answer:Lower federal interest rates make it easier-that is, less risky and burdensome-for large businesses, especially private banks, to borrow money from the federal government. This in turn ... of cheap consumables. For more information, try: http://en.wikipedia.org/wiki/Federal_Reserve_System

Description : Do you think the Fed did the right thing by lowering interest rates ?

Last Answer : answer:http://www.lewrockwell.com/paul/paul166.html The Folly of Fed Interest Rates by Rep. Ron Paul, MD March 18, 2004 The Federal Reserve, acting through its rate-setting Federal Open Market ... private banking, where interest rates are set by the free market and dollars are backed by gold.

Description : Based on current data, would you lower the interest rates?

Last Answer : The interest rate is set by the Federal Reserve Members and is based on the supply and demand of Federal Reserve Notes on hand, in this cases the differance between the DEBT and CREDIT in Their ... the Big money boys and the Politicians)! Read the archives in www.worldreports.org. Hope this helps

Description : Now that the Fed has lowered interest rates another quarter point is it time to refinance our home mortgage?

Last Answer : It depends what rate and term you have now. Add in closing cost to what you owe and do an amoritization. Then compare it to where you are at now.

Description : With interest rates so low, what might be a good investment?

Last Answer : answer:Well that’s the million dollar questions now isn’t it :) My investing club is looking into domestic and international stocks that deal in: trees, water, pipline manufacturers, biotech and precious metals, palladium especially.

Description : If we operate in a "free market," how come the "fed" sets interest rates and not the market?

Last Answer : Well, the answer is that we don’t operate in a free market economy, it is highly regulated. But you might want to read up on the Federal Reserve system, as the Fed doesn’t set ALL interest rates, just those that are tied to certain federal funds.

Description : Do you think the Governments rescue plan and banks interest rates cuts will save the economy?

Last Answer : No. I don’t think it was meant to. I think it was meant to be a confidence booster to stop the pendulum from swinging the wrong way.

Description : What is the personal loan interest rates in India?

Last Answer : Personal Loan Interest Rates varies from bank to bank.Best lender for personal loan with low interest rate is Buddy Loan India.

Description : Which firms issue loans at minimum interest rates?

Last Answer : I can advice a company that issues loans at a minimum annual interest. For review follow the link htt ps://bit. ly/35 JtvyC (just remove spaces).