A bump-up CD allows you to boost your APY when interest rates rise without having to change any of its other terms.
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Bump-up CDs: What they are and how they work
A bump-up CD allows you to increase your interest rate one or more times during the CD’s term if rates rise, typically on 2-3 year terms. Bump-up CDs typically start with APYs that are 0.10-0.25 ...
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
With interest rates higher than they have been in 40 years, it may be a good time to consider investing in a certificate of deposit. While most CDs offer fixed rates, there are some flexible CD ...
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