Save and Earn: How a $10K CD Could Yield $600+ This Year With High Rates
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A $10,000 CD deposit could earn hundreds in interest this year due to high rates.
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Online banks tend to offer better CD rates than brick-and-mortar banks.
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With a 5-6% CD rate, a $10K deposit would earn $550-$600 in one year.
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CD rates are locked in for the term, protecting you from rate drops.
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CDs are FDIC insured up to $250K per account, making them a safe place to save money.