Send to a Friend

seekingwolf's avatar

What are good CD rates? What bank should I go to?

Asked by seekingwolf (10410points) March 4th, 2013

I recently inherited a sum of money from a relative of mine who died last year.

I already have savings and don’t need to spend any of these money so I want to put it into a certificate of deposit for a while.

I’m new to this. My current bank offers a 9 month one with a APY of. 40%. I don’t know how often it’s compounded though.

Please help.

Using Fluther

or

Using Email

Separate multiple emails with commas.
We’ll only use these emails for this message.