Banks will keep an eye on their CDs and monitor changes in deposit bases as interest rates rise.
Consumers have been shifting savings from certificates of deposits to more liquid accounts.
Turkey’s jolt to interest rates could appear appetizing, but use caution before investing.
Investment’s total return: more important than income an investor gets from dividends or interest.
Issues with closing or managing a bank account made up the bulk of complaints.
Buying in to expectations theory will help you feel better about short-term CD investments.
A long-shot currency-linked CD bets that four emerging market currencies will do better than the dollar over five years. Is it worth the risk?
CD rates are so low a worm couldn’t crawl under them, particularly in Pittsburgh, which boasted the lowest CD rates in the country for the month of May.
The only reason to buy a CD these days is for the piggy bank function. It keeps savers from spending money but doesn’t offer a lot in returns.
CD rates plumbed new depths in April. Rates varied though. Savers in Cincinnati had access to CD rates half a percent higher than people in Pittsburgh.