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Benefits of jumbo CDs. High interest rates. Jumbo CDs often offer higher interest yields than traditional CDs when you're shopping among products at one bank or credit union.
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.
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.
2. Specialty CDs. A standard CD comes with a fixed interest rate, an early withdrawal penalty and only allows a single, initial deposit. Specialty CDs are those that differ from any of the ...
I’m a banking reporter who covers CD rates daily. Here are 5 things to know about CDs right now ... the top APY on a one-year CD has fallen 0.60 percent this year. This term has seen the largest ...
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.
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