Traditional CD options are governed by rigid rules and hence considered unattractive to customers.  However with changing times CD’s have become a more flexible savings option as the new-age CD’s cater to the present scenario. The basic concern that a customer has is: CD’s have rigid rules and customers cannot withdraw the funds for a certain period of time. There is a possibility of getting returns that are not …

In the not so long past, the certificate of deposits were considered to be a big no because of the rules and regulations associated with them and the low rate of interest they offered. However, with the passage of time, this notion has changed and today, an increasing number of people are willing to go in for certificate of deposits because they are counted among the safest investment options with …

CD’s are a safe investment option for those that wish to invest funds for a certain period of time.  However, the money is there for a locked in period and early withdrawal can attract a penalty.  Hence it is better to wait until the date of maturity of the CD.  CD’s are not paying higher rates these days and rates are getting really low.  Even the best CD rates are …

There are a lot of us who would like to earn more returns on the money we have on hand but do not want to take uncalled risks that end up with losing all the spare cash. The certificate of deposit is the perfect option for people who want to take calculated risks, but still ensure they make money on their deposits. Since most of the deposits are insured by …

The rates of CD’s are getting lower and lower with the average APY of 0.532% on a 12-month CD.  According to RateWatch now people will start rethinking their decision to invest in a CD at all.  It is a well known fact that the interest rate has always been a risk while investing in a CD; however, there are indications that the interest rates might soon see a rise.  Hence …