Tuesday, 24 November 2020

Review of CD Bank’s CD Rates

Review of CD Bank’s CD Rates
31 Aug
9:20

CD Bank’s Most Popular Accounts

APY

Account Type

Account Name

Compare Rates from Similar Accounts

2.60%

CD Rates

CD Bank 12 Month CD

2.70%

Synchrony Bank 36 Month CD

on Synchrony Bank’s secure website

1.90%

CD Rates

CD Bank 36 Month CD

3.00%

Goldman Sachs Bank USA High-yield 5 Year CD

on Goldman Sachs Bank USA’s secure website

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How CD Bank’s CD rates compare

CD Bank’s CD rates are on par with some of the best offerings out there. Their current rates for shorter term CDs — including their 6-month, 9-month, and 12-month products — are even higher than some of the top banks with the best CD rates.

Since CD Bank is an online bank with an easy application process, it’s easy for you to sign up and lock in these competitive rates.

Again, the only potential drawback is the high minimum opening deposit. Other banks — like Ally Bank, Goldman Sachs Bank USA, and Synchrony Bank — all have lower minimum opening deposits and still provide a high APY.

Advertiser Disclosure: The card offers that appear on this site are from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all card companies or all card offers available in the marketplace.

Chonce Maddox

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Source: https://www.magnifymoney.com/blog/reviews/cd-bank/

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