best jumbo cd rates
When you have the money invest in the best jumbo cd rates possible. Jumbo CD rates are based on large investments. If you have a good chunk of money to invest, then a jumbo cd rate might be just right. These certificate of deposits require a larger investment than your average CD. Usually to qualify you must have over 100,000 dollars to invest.
The terms on jumbo cd rates are usually a lot longer than your average cd as well. They are sometimes up to 5 or even 6 years before you can get your return back. The payoff can be quite nice though.
I have friends that have invested and have just researched enough online to find that the real best jumbo cd rates were not just with a traditional walk in and signup bank, but were on the internet. The reason online cd rates are better sometimes is because there is less required to set them up on the part of the bank. So keep your eye open so nothing might pass you by.
The terms on jumbo cd rates are usually a lot longer than your average cd as well. They are sometimes up to 5 or even 6 years before you can get your return back. The payoff can be quite nice though.
I have friends that have invested and have just researched enough online to find that the real best jumbo cd rates were not just with a traditional walk in and signup bank, but were on the internet. The reason online cd rates are better sometimes is because there is less required to set them up on the part of the bank. So keep your eye open so nothing might pass you by.
posted by JC at
12:01 PM
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