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iGObanking.com® Pays up to 3.55% APY on $1,000 CD Investments

Author: admin/ Date: February - 20 - 2010

Certificate of Deposit Strategies

One of the best ways to make the most of your certificate of deposit investments is to “layer” maturity dates. That means having a number of CD accounts, each of which reaches its term on a different date from the others. This provides two advantages. First, you’re “liquid” because you never have to wait too long for a lump sum to become available. And, secondly, you have the flexibility to reinvest at least some of your money quickly if interest rates rise.

But this strategy can be a problem for smaller savers. Because, to get the best CD rates, you often have to make a substantial investment, which means that you can afford fewer accounts. But iGObanking.com can help. Because it offers the same competitive interest rates on all CD balances over $1,000.

iGObanking.com CD Deals

Right now, iGObanking.com’s CD rates for deposits of a thousand dollars or more are:

  • 3 Month–0.50% APY
  • 6 Month–0.50% APY
  • 8 Month–0.50% APY
  • 9 Month–0.50% APY
  • 12 Month–1.00% APY
  • 13 month–1.00% APY
  • 15 month–1.00% APY
  • 18 Month–1.00% APY
  • 24 Month–1.50% APY
  • 36 Month–2.60% APY
  • 48 Month–2.70% APY
  • 60 Month–3.55% APY

Compare CD Rates

But, as with all financial instruments, it’s essential to compare CD rates widely before signing up for any account.

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