Bank CD accounts offer steady interest rates to fit your savings goals. Open a certificate of deposit (CD) account.
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A certificate of deposit (CD) is a low-risk savings tool that can boost the amount you. the bank pays a fixed interest rate that's typically higher than the rates offered on regular savings accounts.. . Learn more about CDs at Bank of America.
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Website: http://www.bankofamerica.com. Authority: Bank of America is a major US chartered national bank with its deposits FDIC insured. It has a large presence .
A CD is a Certificate of Deposit, which is a type of savings account, found at banks and credit unions, that pays a set interest rate on money deposited. In exchange, you agree to keep the full deposit in the account for a set term. Common terms include 6, 12, 18, 24, 36, 48 and 60 months.