Which bank provides the highest interest rate for CD?
397192
you should ck out credit unions they usually have better rates.
307325
A "CD" is a Certificate of Deposit.  It amounts to a promise by a bank that if you give them a certain amount of money, they will give you back a little more after an agreed-upon amount of time.  You can get your money back sooner, but there's usually a penalty/loss of interest.\n\nAn example might be a 12-month CD paying 6% interest. If you buy one for $100 on Jan 1 of this year, it "matures" or becomes payable next Jan 1, and will pay you back $106. (Party!)\n\nCD's are generally a very safe, very low-yielding form of saving, most appropriate for people who cannot tolerate a lot of risk with their savings.
192272
Hi ICICI bank is the best customer service bank in India, It has the highest amount of assets under private sector banks in India.\n\nHowever a word of caution- Investing ur total proceeds in ICICI alone is a bad idea.. if ur looking at banking sector in India, u could invest a proportion of ur choice in State Bank of India, and other PSU banks and also ICICI. \n\nAll the best!
39788
Go to bankrate.com and look for rates on savings and CDs.  ING direct has high rates but there are others with even higher rates.
846954
I personally have an HSBC online-saver account. It is run solely over the internet banking system, and because of this, and because it means that HSBC don't have to employ any staff to manage the account or handle paperwork, the interest rate is higher. I believe it is currently 4.95%.\nAlternatively you could open an ISA account, which also have good rates of interest.\nYou're best bet is to go down to a building society or bank, and speak to a Customer Adviser. Be warned though, they will invariably try to get you to sign up for their own company's accounts. So if you go to Natwest, you will hear all about the greatness of Natwest. Shop around!\nHope this helps,\nRegard, Liam
223582
It depends what you want it for. ALl our major banks offer various competing products and are mostly country wide, unlike in some other countries. \nIf you want to compare their bank rates go to USwitch or a similar website and compare the specific bank product you are interested in.\n\nPersonally I would stay clear of HSBC and Lloyds as they bothe screwed me around!
273068
Any site with a ridiculously high interest rate has to be a scam. If you want a secure investment that you can withdraw at anytime, you are not going to get above ~4.50% a YEAR at current rates.  This Government site discusses some of the scams out there.\nSolidinvestment.com is in Belize. It's a banana republic.  I'd rather invest in Nigeria...
1623
ING Direct (online bank) pays really high interest.\nYou have to link it to an existing bank account and transfer money. Transfers usually take a few days. \nThis is a great place to save because it's not easily accessible and you won't be tempted to use the money for impulse purchases.\n\nI have an account there for my savings and the rates are a lot higher than Bank of America, Washington Mutual, Wells Fargo, etc...\n\nHere is a list of their rates for their CDs based on length of time:\nhttp://home.ingdirect.com/products/products.asp?s=OrangeCD
906041
It depends on the option you selected when you purchased the CD. Most banks give you the option to take the interest in your checking or savings account or to add it back into the CD. The APR quoted most likely assumes that the interest is being added back to the CD.
610287
Everbank has accounts in foreign currencies. For example, you can open a CD in Euros.
1086997
Cd is a promise of repaying you back with alittle extra money but they turn around and use your money and loan it to other people and charge them more money.\n\nit is safe becase the USA federal gove take care of it fi soemthing happen
42616
There is a bond called an(I bond) that out preforms most CD's you can ask your local bank about them!
1147524
compare the rates of savings accounts and CD's a Bankrate.com\nThis is a legit website that ranks the top returns for each.  You'll find that many of the online banks offer accounts that can most likely be linked to your checking  account.  HSBC, INGdirect, emmigrantdirect.com are all decent sites that offer great savings rates.  Being in college you may want to consider putting a portion into a tax deferred account for retirement.  You're never too young to start saving for retirement.
1010818
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990884
Emigrantdirect.com and INGdirect has one of the highest interest rate for a savings account.\n\nBut a majority of Bank accounts usually don't have high interest rates. You are better off investing in mutual funds if you want the highest rate of return in the LONG RUN.
409357
Because the longer you loan someone money(even a bank) the more risk you are taking.  The biggest risk of a CD is that your rate will not keep up with inflation.\n\nMortgage rates are the same way, a 15 year loan has lower rates than a 30 year loan.
273207
By wanting a 6 month CD I'm assuming that you may be needing the money at that time.  If this is the case, a better alternative would probably be a high interest savings account.  Most of them are actually paying higher then short term CD's.  Try online either ING, Capital One Bank, or Allstate Bank.