High Yield Certificate

High yield cd terms range from 3 to 60 months.
High yield certificate. Certificate accounts feature competitive interest rates by locking your funds into a predetermined term. 2 or if youve got shorter term plans for your money enjoy a 15 month certificate at 230 apy 4x higher than the national average. Premium rates are paid on investments of 50000 or more. If you put that money into a 290 2 year cd you would earn 58841 compounding yearly once the account matures.
Only the issuing bank may call a cd not the investor. These are greatly desired by investors because it is a safe way to invest and save money. On its high yield cds if you withdraw from a cd early marcus has a penalty of 90 days of simple interest on a cd that has a term less than 12 months a penalty of 270 days of simple interest on. Open your certificate online today at royal credit union.
For a limited time were offering one of the highest annual percentage yields apy in the nation. In a high yield savings account earning 245 you would earn 49600 over two years with annual interest compounding and potentially even more if your bank compounds interest more frequently. When the term is up you can transfer the funds into a liquid account or rollover the certificate into a new term to earn even more dividends. Some long term high yield cds have call features meaning that the issuing bank may choose to terminate or call the cd after only one year or some other fixed period of time.
Raise your rate cd 2 and 4 year terms available. Find our high certificate rates right here. You can open high yielding certificates with terms from three months to 60 months five years for personal non retirement andor ira accounts. At 245 apy our 49 month certificate is 2x higher than the national average.
The longer the term of the certificate the higher rate of dividends youll earn.