Saturday, January 12, 2008

Current Certificate Of Deposit Rates

Getting the current certificate of deposit rates is what this blog is all about. I am going to cover the rates for the 30 day certificate od deposit as well as longer terms which you may have to wait with some banks. If you are curious about credit unions as well, I will be covering these so that you can be well informed about what your best options are right now.

Having a fair enough amount of money to invest in a 30 day certificate of deposit is always best, but sometimes you will find some banks will let you invest a whole lot less for short term, these can be some of the best cd rates. Why do they do this? We will be covering why these banks make these decisions, and what is in it for you and what is in it for them.

Other things that will be considered is the actual current certificate of deposit rates. They change from day to day and thats why one days rate may not be the same the next. The banks have to make their cut, and they do this by going with the market and leaving a margin open between you and them so that they can make their money and try to give you a little slice of the pie as well.

I hope this information is helpful for you in making your decisions about which certificate of deposit to choose.

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