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Best 1 year cd rates; Best 5 year cd rates; [1] a traditional cd lasts for a set period of time and offers a set interest rate.
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A certificate of deposit (cd) is a savings certificate with a fixed maturity date , specified fixed interest rate and can be issued in any denomination aside from. Web a cd is a deposit account that generally pays a fixed interest rate over a set amount of time, or term. Depending on the term and the bank, cds may pay more interest than the average savings.
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