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Results tagged with certificate-of-deposit
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user 96970
for questions that relate to the certificate of deposits(CD). A CD is a time deposit, a financial product commonly offered to consumers in the United States.
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answer
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Why are savings rates the same as CD rates? [duplicate]
Looking at Ally bank (https://www.ally.com/bank/view-rates/), a 12-month CD has the same APY as a savings account. (9-month CDs are an even lower APY).
Money in a CD is locked up for 12-months, with …
- 145k