Some investors are still turning to CD rates as fixed-income investments in their portfolios, despite yields being low across the nation. That could be partially because CDs are insured by the FDIC up to $250,000 per depositor. CD rates in Phoenix, AZ, are fairly far south, but some institutions are offering better-than-average rates.
Withdrawing your money early from a CD can cost you some accrued interest and occasionally some of your principal, so make sure to budget before purchasing. Find CD rates in Phoenix, AZ, and in other cities throughout the nation.
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