What is the shortest time for a bank cd?

What is the shortest time for a bank cd?
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1 Answer

Answer :

The shortest length of time for a CD is generally 12 months. However because it is such a short length of time the interest is generally very low.
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Related questions

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

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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.

Which bank currently offers the highest CD rates?

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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.

What bank in NC has the best CD rates?

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What penalty is there for cashing a bank cd early?

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Last Answer : The penalty depends on the duration of your CD and how early you cashed it. For example a year CD taken early might cost you 30 to 90 days of interest, longer terms will take more.

What is the maximum bank CD amount that is FDIC insured?

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Last Answer : The maximum FDIC insured amount TOTAL for any individual is $250,000, so you have to consider all of your bank savings and bank CDs. Remember that stocks are not covered and other investments are not necessarily FDIC insured.

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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/

Which bank in South Carolina has the best 3 month cd rate in SC?

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Last Answer : Try Bank of America, they have good CD rates for new customers.

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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/

Bank CD rates in Santa Maria,Ca.?

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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.

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

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What is Bank Of America Bank paying on a 2 yr $5,000 CD?

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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

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