定期存款可以说 time deposit/ fixed deposit,而活期存款是demand deposit/ current deposit,如果你的家里还能见到老式的存折,那个小红本本就可以叫做 passbook ,存上的存款呢就是passbook deposit。 当各种投资风险 (investment risk) 都提高的时候,定存是最稳当的理财方式,但同时回报率 (rate of return) 也相对...
When opening a certificate of deposit (CD) account, you'll likely want to consider the length of time you'll be depositing your money, known as the CD term. But did you know that the CD term you choose may also affect the CD return rate — or the amount you may earn — on ...
When opening a CD account, CD term and the CD return rate are often worthwhile considerations. The longer the term, the higher the return rate tends to be, but it’s important to consider the effect of compound interest on your real rate of return. By understanding the relationship between...
rate of return, one of the benefits of a CD is that it grows your money regardless of what the market does. The interest earned on a CD is dependable, and it grows thanks to thepower of compound interest. Plus, your interest payment on a CD at maturity will often be higher than ...
APY research methodology: Annual percentage yields, meaning the rates of return, are current on this page as of August 13, 2024. All other information is current as of July 26, 2024. See a summary of best CD rates Sum...
Five-year term APY (60%):This number represents the real rate of return on your balance; the higher the APY, the better. Minimum deposit requirement (30%):To open a CD at any financial institution, you may be required to deposit a minimum dollar amount. ...
Pros and cons of CDs While CDs help set aside your funds for a certain period, they do come with some caveats that are important to consider. Pros Guaranteed rate of return- With CDs, you agree to deposit your funds for a set duration at a fixed interest rate, ensuring a consistent ret...
CD Rates: National High Yield and Secondary Annuity Rates of Return Comparison Institution APY Rate Min Deposit Barclays 1.35% Fri Feb, 2013 1.34% Compounded daily $0 CitBank 1.30% Fri Feb 1, 2013 1.29% Compounded daily $1,000 Ally Bank 1.24% Fri Feb, 2013 1.23% Compounded daily $0 Discov...
The early withdrawal penalty may negate any benefit of switching to a higher-yielding CD, however. You could potentially earn better rates of return in the stock market or by investing in other securities. Alternatives to CDs Traditional savings account This account typically earns a low yield ...
A promotional certificate of deposit (CD) rate is a higher rate of return on a CD offered by banks and credit unions to attract new deposits.