Certificate Of Deposit (CD)
Utilizing CDs is like giving your savings account a great workout. Of course, you don't have to do a thing. CDs earn several times higher interest at a fixed rate over traditional savings. Simply select the term length that's right for you and watch your balance gain more muscle.
- Summary
- Higher interest than savings accounts
- Fixed interest rates
- Terms from three months to five years
- Opening balances as low as $500
- FDIC insured
