You might want to open a 6-month CD if you're looking for a way to lock in a high interest rate for half a year. According to the FDIC, the national average CD rate on a 6-month term is 1.61% APY ...
If you're looking for a very short-term CD, a 3-month CD might be the right choice for you. You won't find 3-month CDs as easily as 6-month or 1-year CDs, as not every financial institution ...
A $20,000 investment in a 6-month CD could earn you about $460 if you got the best rates available now. A CD is a smart investment for people who want to keep a large sum of cash safe while ...
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