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  2. What is a jumbo CD? (Spoiler: Bigger isn't always better) - AOL

    www.aol.com/finance/what-is-a-jumbo-cd-182825854...

    A jumbo CD is a certificate of deposit that requires a higher minimum deposit — typically $100,000. Like regular CDs, jumbo CDs come with a fixed interest rate and term.

  3. Best CD rates today: Last chance to grab yields of up to 4.52 ...

    www.aol.com/finance/best-cd-rates-today-last...

    A jumbo CD is a certificate of deposit that requires a minimum of $100,000 to open the account. Like regular CDs, jumbo CDs come with a fixed interest rate and term.

  4. Best CD rates today: With rates above 5% APY, the best time ...

    www.aol.com/finance/best-cd-rates-today-with...

    A jumbo CD is a certificate of deposit that requires a minimum of $100,000 to open the account. Like regular CDs, jumbo CDs come with a fixed interest rate and term.

  5. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. CDs typically require a minimum deposit, and may offer ...

  6. How do certificates of deposit work? Understanding CDs ... - AOL

    www.aol.com/finance/how-do-cds-work-220139365.html

    Jumbo CDs. Jumbo CDs are a type of CD that requires a high minimum deposit, typically $100,000 or more. In exchange for access to this larger deposit, banks are willing to pay higher interest ...

  7. Time deposit - Wikipedia

    en.wikipedia.org/wiki/Time_deposit

    Unlike a certificate of deposit and bonds, a time deposit is generally not negotiable; it is not transferable by the depositor, so that depositors need to deal with the financial institution when they need to prematurely cash out of the deposit. Time deposits enable the bank to invest the funds in higher-earning financial products. In some ...

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