Category Archives: certificates of deposit

Certificates of Deposit – Non-traditional CDs

Apart from the traditional certificates of deposit discussed in my earlier posts there are other types of CDs as well. Liquid Certificates of Deposit – These allow you withdraw from your certificate of deposit at any time (generally after 7 days as mandated by the government). However you will get a much lower rate. Bump-Up […]

Certificates of Deposit – Different Types of CDs – Traditional CDs

Certificates of Deposit come in various shapes, sizes and flavors. Typically banks offer certificates of deposit based on1. Length of time2. Minimum amount of deposit3. Interest rate Generally the greater the length of time, the higher the deposit. This is based on the premise that you are willing to forgo taking out your money and […]