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A variable-rate CD — also called a flex CD — is a type of certificate of deposit with an interest rate that can fluctuate periodically over the term of the CD based on market conditions.
Here's how FDIC national deposit rates on a $10,000 minimum deposit compare to other deposit accounts between December 2024 and January 2025. Savings and deposit account National deposit rate on ...
Lock in today's best rates in decades on certificates of deposits on a range of CD terms — from 6 months to 5 years. Best CD rates today: Punch up your savings with guaranteed APYs of 4.35% and ...
Other certificates may more closely match the typical rules of a certificate of deposit, allowing the investor to select a term length (typically between 3 months to 3 years) and earn a guaranteed interest rate. These certificates are flexible and allow add-on payments during the term or withdrawals up to a specified amount without a charge.
Banks’ deposit account menu – CDs, savings, and money market accounts – form a complete “option” set for you to consider when opening a deposit account. You’re choosing a position ...
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 CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.
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