Articles

Selected category: CDs

Bank of America is offering a competitive 48-Month CD paying 3.01% APY. The bank is also offering a 12-Month High Yield CD special at 2.5% APY and a 9 Month Risk Free CD paying 2.5% APY.

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Out of the big three banks covered on BestCashCow, Chase seems to have the most competitive rates and has dropped the least over the last month.

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NOVA Bank of Pennsylvania is offering an 18 month CD for 4.25% APY, a leading rate for that term.

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Citibank is offering a competitive 6 month CD paying 4% APY.

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I've seen a lot of ads on tv recently for Bank of America's "risk free CD" so I decided to give it a look. Here's what I found.

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Everbank raised the rates on its 3 month CD and 6 month CD and now has the top rates for each term according to the BestCashCow rate tables.

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Even though there is talk about the Fed lowering rates in the future, most banks raised their cd rates over the last couple of days. Here's a recap.

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For the Moderately Rich, An Obvious Strategy

Anyone with between around $1 million and $10 million in money market funds can follow this strategy.

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Virtual Bank now offers the best 1 Year and 3 month CD rates.

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Ascencia Bank took the #1 spot on the BestCashCow 6 month CD rate tables with a rate of 4.07% APY.

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You know the competition for deposits is heating up when Bank of America comes out with a competitive CD rate.

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Online 1, 2 and 3 Year CDs Look Like a No-Brainer

If we are heading into a recession as everyone is determining now, the safest way to move forward is to buy short term online CDs. Just stay below FDIC limits.

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Good Time to Lock in CD Rates

With it looking likely that the Fed is going to drop rates, now might be a good time to lock in decent returns with some moderate term CDs.

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