Some banks have promotional CD rates. There might be certain restrictions on these CDs. For instance, you might have to bring money from outside the bank to be eligible for this APY. Promotional CDs may renew at a different term and at a different APY. (That APY is likely to not be ...
your CD term (longer-term CDs usually offer higher rates than shorter-term ones) and type of CD, the amount of your initial deposit (some CDs offer tiered interest rates), benchmark interest rates set by the Federal Reserve, and temporary promotional offers offered by your financial ...
your CD term (longer-term CDs usually offer higher rates than shorter-term ones) and type of CD, the amount of your initial deposit (some CDs offer tiered interest rates), benchmark interest rates set by the Federal Reserve, and temporary promotional offers offered by your financial ...
Editor's note: Annual percentage yields shown are as of Friday, December 13, 2024, at 8:10 a.m. ET. APYs and promotional rates for some products can vary by region and are subject to change. Sources National Rates and Rate Caps, FDIC....
Knowing the answers to these questions, you can choose the right type of CD and then shop around for the best rates. As you see from our list above, the rates can vary drastically, and some banks offer promotional rates on specific terms. ...
If you're trying to maximize what you earn on your savings, taking advantage of a deposit bonus or promotional rate before the offer ends could mean the difference between hefty earnings and lackluster returns. So, it's important to make a move when the right opportunity is at hand. ...
your CD term (longer-term CDs usually offer higher rates than shorter-term ones) and type of CD, the amount of your initial deposit (some CDs offer tiered interest rates), benchmark interest rates set by the Federal Reserve, and temporary promotional offers offered by your financial ...
The chart below highlights the best promotional CD rates currently available. Note that these offers frequently change and may only be available for a limited time.Financial institution CD term Current advertised rates Minimum deposit NBKC 7 months 4.75% APY $1,000 Quontic Bank 3 months...
Step-up CDs: A step-up CD allows you to increase your interest rate when you can. Your rate is not fixed for the entire term; you can capitalize on higher interest rates with astep-up CD. A step-up CD may also be called abump-up CD. Promotional-rate CDs: ThisCD offers a promot...
Promotional-rate CDs: ThisCD offers a promotional ratethat may be higher than a regular CD rate and is only offered for a certain time period. You may be able to lock in a high rate by opening this kind of CD within a promotional period, like 30 days or before the end of the month...