I've been watching the CD interest rates climb and I'm interested in moving a BIG chuck from my bank money market into a 1-year or 2-year Capital One CD. The 1-year rate is 4% and the 2-year rate is 4.1%. The 5-year is 4.25%. I've never done a CD other than with my local bank, but they're only offering a .40% on a 1-year CD and .45% on a 2-year CD. Their 5-year is only 1%! No thanks. But this Capital One CD is very good, interest wise.
Any concerns or cautions?
Sallie Mae is offering a 2.5-year CD yielding 4.45%.
Any concerns or cautions?
Sallie Mae is offering a 2.5-year CD yielding 4.45%.