Certificate Interest Rates

Use this cd calculator to find out how much interest is earned on a certificate of deposit cd.

Certificate interest rates. Just enter a few pieces of information and this cd calculator will calculate the annual percentage yield apy and ending. Calculate how much interest you can earn understanding compounding methods and interest rates on different cds can be confusing. Cds generally pay a fixed rate of interest and can offer a higher interest rate than other types of deposit accounts depending on the market. If youre looking for a way to increase the amount of interest you earn on the money you have in savings you may want to take a look at certificates of deposit or cds.

Even when they seem high perhaps 060 or even 100 there can be a lot of hoops to jump through in order to secure that interest rate. Typically cd interest rates. Use this cd calculator to find out how much interest is earned on a certificate of deposit cd. Please call 800 226 5228 or visit a bbt branch to confirm rates for your area.

A raise your rate cd is a special type of certificate that allows you to bump up your interest rate one or more times during the term assuming rates have in fact risen. Savings accounts and certificate of deposit accounts are fdic insured up to the maximum amount allowed by law. Indexed cds forgo a fixed interest rate in favor of a variable rate that moves in accordance with a benchmark indicator. Rates are effective as of today subject to change without notice and may vary by region.

Cd calculator calculate your earnings and more. Open a savings account or open a certificate of deposit see interest rates and start saving your money. A cd certificate of deposit is a type of deposit account thats payable at the end of a specified amount of time referred to as the term. Annual percentage yield apy assumes principal and interest remain on deposit for the term of the certificate.

A penalty may be imposed for early withdrawal from certificates. Instead consider putting your money into one of the nations best savings accounts best money market accounts or cds. However in exchange for the higher interest rate you must agree not to touch the money in your cd. Cd rates are higher than the rates youll get with a savings accountin return for higher cd interest rates the bank will expect you to deposit your money in an account.

A certificate of deposit may be your best way to get the highest interest on your savings. Find the best cd rates by comparing national and local rates.