1 / 2

The Five Best 1-Year CD Rates for May 2022 for Safe Investments

The best 1-year CD rates can boost your short-term savings and allow liquidity and flexibility to switch to other products. Read on.

BusinessUpside
Download Presentation

The Five Best 1-Year CD Rates for May 2022 for Safe Investments

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Five Best 1-Year CD Rates for May 2022 for Safe Investments A certificate of deposit of CD is a deposit against a fixed set of time in return for a dividend or interest. The interest is usually fixed, and at maturity, both principal and interest are returned to the investor. CDs are competitive instruments and have always fared well against regular savings and other money market investments. Credit unions and banks usually offer a competitive interest rate on 1-year CD rates. While banks offer several CDs, one needs to choose which one serves the needs of the investors. As a depositor, one must lookout for a few things such as minimum deposit requirements, maturity terms, annual percentage yield (APY), premature withdrawal penalties, and access to mobile banking. Here we look at the 5 best 1-year cd rates for May 2022.

  2. You can read the full content: https://businessupside.com/2022/05/16/the-five-best-1-year-cd-rates- for-may-2022-for-safe-investments/ -------------------------- Business Upside Email ID: support@businessupside.com Phone No.: +1-425-605-0775 Visit Us: https://www.businessupside.com/ Stay Connected Via: https://www.facebook.com/businessupside https://www.youtube.com/channel/UCuSkeS5oU- B2tRIBDYntmaw https://twitter.com/BusinessUpside1

More Related