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  2. How do certificates of deposit work? Understanding CDs ... - AOL

    www.aol.com/finance/how-do-cds-work-220139365.html

    Bump-up CD. A bump-up CD — also called a “raise your rate” CD — builds in the ability for you to request a one-time rate increase if CD rates go up during your lock-in term. Longer term ...

  3. What Are Certificates of Deposit (CDs) And How They Work - AOL

    www.aol.com/finance/certificates-deposit-cds...

    To get started, you’ll fund a CD account with a lump-sum deposit. This money is called the principal. You’ll earn a fixed interest rate on your principal for the term of the CD. Most CD terms ...

  4. Best CD rates for August 13, 2024 - AOL

    www.aol.com/finance/best-cd-rates-today-race-is...

    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.

  5. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    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 CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. The bank expects the CDs to be held until maturity ...

  6. What Is a CD (Certificate of Deposit)? - AOL

    www.aol.com/cd-certificate-deposit-020004620.html

    A certificate of deposit is a safe, income-generating investment that earns interest for a set period of time, also known as a term. The term is the length of time you agree to leave your money ...

  7. The best CD rates for April 25, 2024 - AOL

    www.aol.com/finance/best-cd-rates-today-step-up...

    Certificates of deposit offer a low-risk way to accelerate your savings at up to 10 times interest than the 0.46% national average you'll find with an everyday deposit account, helping you to step ...

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