CD Rates

Basic awareness for first time buyers of CD’s

One of the best ways to ensure you have enough saved up for your future is by starting off early and investing in the right options for the right returns. For many years now, the certificate of deposits has been the right tools for people who want to have a nest egg for the future. However, with innumerable options flooding the financial market by the day, the first time investor …

January 2nd, 2011


Step up CD’s move up to be the favorite among customers

The certificate of deposit is undoubtedly one of the safest investment options in the current time when most of the others are extremely volatile. However, the low rate of interest being of offered by banks and financial institutions on the certificates of deposit has always been the pet peeve of many who opt for this form of investment. There are a number of variations of CDs being offered by banks …

January 1st, 2011


One year CD rates at american express witness a fall

American Express is one of the banks where the interest rates, especially for certificates of deposit, keep fluctuating. Though the bank did maintain the top ranking for a while in the list of banks offering high interest rates for one year certificate of deposit, it is not the case anymore. In recent times, though this bank has shown signs of offering the best rates of CDs, it has fallen short …

December 31st, 2010


Inflation feeding on the money invested in CD’s

Centuries ago, when our founding fathers formulated the policies for the government of the United States, little did they know about the financial challenges the people of their nation would be facing in the 20th century. There is nothing we can do to change the financial policies that govern the economy of the country, but we surely can foresee the potential challenges and take steps to ensure we don’t  fall …

December 30th, 2010


Only two banks reported CD rate increases this week

Only two banks reported CD rate increases this week

Online journal Financial News Track reported last week that CD rates fell below 1%. Most issuing banks are offering rates between 0.8-0.99percent per annum. Compared to the first week of December, CD performance has not improved and the trend may continue until the end of the year. Out of the ten banks listed in Financial News Track for continued monitoring in CD rate changes, only two banks reported CD rate …

December 21st, 2010


1 YEAR
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