Massachusetts

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Taunton, Massachusetts CD Rates – 6-Month 2020

Below are the best six-month CD Rates from banks with branches in Taunton, Massachusetts . Six month CDs are considered short-term cds and the yield is comparable to savings and money market rates. You may want to consider opening a 6 month CD if you are concerned about savings rates dropping and don’t mind locking up your money for six months.

Taunton, MA - April 7, 2020

6 Month CD National Average : 0.44% ?

Advertiser Disclosure
Banks APY MIN MILES ?
1.50% $1,000 4796.98
1.30% $1,000 4770.86
1.26% $1,000 4792.55
1.20% $1,000 4756.67
1.01% $10 4759.17
1.00% $1,000 4772.94
1.00% $5,000 4757.67
1.00% $500 4779.25
1.00% $1,000 4810.58
0.90% $2,500 4768.35
0.85% $10 4798.50
0.85% $10 4777.08
0.80% $500 4733.01
0.75% $1,000 4787.65
0.75% $2,500 4773.44
0.75% $1,000 4705.98
0.75% $1,000 4756.67
0.75% $1,000 4777.12
0.65% $2,500 4798.79
0.61% $2,500 4784.66
0.60% $500 4792.19
0.60% $1 4768.93
0.55% $500 4788.34
0.55% $500 4776.50
0.50% $2,500 4792.55
0.50% $1 4764.14
0.50% $1,000 4800.43
0.50% $1,000 4790.68
0.50% $1 4774.05
0.50% $500 4789.09
0.50% $2,500 4773.98
0.50% $500 4865.88
0.50% $1,000 4776.47
0.50% $10 4790.39
0.50% $10 4777.19
0.50% $500 4772.74
0.45% $10 4746.11
0.45% $1,000 4764.92
0.45% $500 4781.91
0.40% $2,500 4758.70
0.40% $500 4771.70
0.40% $500 4816.38
0.40% $1,000 4762.38
0.40% $1,000 4779.32
0.40% $500 4788.13
0.40% $2,500 4763.88
0.35% $1,000 4764.83
0.35% $2,500 4768.67
0.30% $500 4816.04
0.30% $500 4772.38
0.30% $1,000 4769.59
0.30% $500 4771.70
0.30% $10 4874.62
0.30% $500 4750.86
0.30% $1,000 4779.90
0.30% $1,000 4811.63
0.30% $10 4863.42
0.30% $500 4759.95
0.30% $2,500 4792.37
0.30% $500 4786.05
0.30% $500 4792.27
0.30% $1,000 4768.75
0.25% $500 4828.92
0.25% $1,000 4796.87
0.25% $5,000 4752.00
0.25% $1 4769.55
0.25% $500 4836.52
0.25% $100,000 4767.27
0.25% $10 4778.85
0.25% $2,500 4781.12
0.25% $2,500 4760.93
0.25% $500 4778.66
0.25% $1,000 4860.19
0.25% $500 4798.16
0.25% $20 4777.17
0.25% $1 4756.59
0.20% $2,000 4749.80
0.20% $1,000 4772.91
0.20% $500 4844.19
0.20% $10 4844.14
0.20% $500 4859.58
0.20% $500 4767.27
0.20% $1,000 4826.00
0.15% $500 4786.89
0.15% $1,000 4775.69
0.15% $500 4786.31
0.15% $500 4770.33
0.15% $2,500 4769.92
0.15% $1,000 4767.42
0.14% $2,000 -
0.13% $100,000 4823.52
0.10% $200 4796.98
0.10% $2,500 4771.14
0.10% $1 4833.91
0.10% $1,000 4793.19
0.10% $1,000 4828.53
0.10% $500 4754.02
0.10% $1,000 4764.04
0.10% $10,000 4844.18
0.10% $1,000 4775.42
0.10% $2,500 4733.68
0.08% $1,000 4823.52
0.05% $2,500 4773.15
0.05% $10,000 4828.52
0.05% $500 4864.69
0.03% $10,000 4772.95
0.01% $10,000 4764.04
All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

6 Month Branch Certificates of Deposit 2020

Six month certificates of deposit (CDs) provide depositors with a short term vehicle for keeping money safe and earning interest. With a six month CD, depositors agree to leave their money in the account for six months in return for a fixed rate of interest over this period. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

In general, almost all brick-and-mortar banks provide CDs to their consumers. Opening one involves taking a trip to the branch although some banks allow CDs to be opened via the phone or online. In general, local banks discourage depositors from out-of-state to open accounts, although this is not a hard rule and if you see an attractive rate from a bank in another state, it is worth investigating the account opening policy. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

The advantages of six month CDs opened via a traditional bank are:

  • Funds deposited in FDIC banks and within insurance limits are protected by the full faith and credit of the United States government.
  • CDs provide a predictable, set rate of return.
  • Depositors can walk into a local branch and open the CD and fund it that day. Question and inquiries can also be handles in-person.

The disadvantages of six month CDs are:

  • Six month CDs currently pay interest rates significantly below many online and branch-based savings and money market accounts.
  • The deposited money is committed for six months.
  • Six month CDs from traditional banks often pay less interest than from online banks.

When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the BestCashCow rate analysis page.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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