Question:

Where is a bank/credit union that has high interest cd's?

by  |  earlier

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the cd that i currently have matures in about a month and pretty much every place i've looked at, the interest isn't very high

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4 ANSWERS


  1. The best place to look for this type of information is

    http://www.bankrate.com


  2. Check your local banks. I know that ING direct has a pretty good savings account that earns around 4% APY.

    In SF, where I live, there's a Credit Union called Patelco that is currently offering 7% for a 12 month CD. The catch is that the minimum and maximum you can invest is only 1k. Sucks!

  3. Looking for high interest cd's?

    You could invest your money in a small business and earn 20-24% per year.

    Go to http://get24percent.blogspot.com/2008/06...

  4. CD rates are low because short term rates like treasury bills and commercial paper are currently low.  Brokers like Vanguard Brokerage Services have insured bank CDs from all over the country and charge no commissions.  The issueing banks pay VBS to market them.  Are you sure you only want CDs?  After you subtract inflation and taxes, CDs real returns are below zero.  Your money together with interest buys you less than the previous year.  You need to get educated about better alternatives.

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