Step Up to IELTS Audio CDs (CD-Audio)
Discover what a step-up CD is, its unique features, pros and cons, and how to find the best rates. We'll explain how they compare to traditional CDs.
Certificates of deposit (CD) are generally available as fixed-rate CDs or specialty CDs, with various types of each. ; With fixed-rate CDs, your money earns the same interest rate throughout the CD term. ; Specialty CDs are a broader category and may offer more favorable terms or looser restrictions than fixed-rate CDs. ; All CDs are insured by the Federal Deposit Insurance Corp. (FDIC), up to the maximum allowable amount of $250,000, across all eligible deposits with an institution.
Example: Synchrony Bank CD with up to 5.10% APY Bump-Up CD (AKA Step-Up CDs, Trade-Up CDs, or Jump-Up CDs.) Investors who want to benefit from potential interest rate hikes. Fixed- term...
We break down the various types of CDs, including traditional, bump-up, step-up, and no-penalty CDs. Discover which CD type can benefit your savings.
Vault’s Viewpoint on Types of CDs ; Certificates of deposit typically offer higher interest rates than traditional savings accounts since you must lock your money away for a fixed period. ; There are several types of CDs, including traditional, no-penalty, bump-up and high-yield CDs. ; If CDs aren’t for you, consider alternatives such as high-yield savings accounts, money market accounts or other long-term investment strategies.
Step-up CDs These come with regularly scheduled interest-rate increases so you're not locked into the rate that was in place at the time you bought your CD. Increases might come every six...
도서정보 : 도서정보, 배송/반품/교환 : 배송/반품/교환 ; 발행일 : 2004년 05월 01일, 쪽수, 무게, 크기 : 142쪽 | 498g | 크기확인중, ISBN13 : 9780521533027, ISBN10 : 0521533023
Choice Promotional CD Term, Standard APY, Relationship Bump APY ; 3 months, 1.00%, 3.00% ; 6 months, 1.00%, 5.00% ; 9 months, 1.00%, 4.00%
Account Name, APY (Annual Percentage Yield) Accurate as of 9/10/2024 ; Ponce Bank 3 Month CD, powered by Raisin, 5.10% ; Generations Bank 6 Month CD, powered by Raisin, 4.92% ; Sallie Mae 14 Month No-Penalty CD, 4.75%