Before the proliferation of the internet, finding the best CD rates was simple and straightforward. You just had to see the CD rates at a few banks, compare these prices and purchase the certificate of deposit that gave you the highest yield. Today, however, you need to strategize and deliberate as you will find plenty of options with meager rates.
When you are looking for some of the best CD rates online, you need to consider three important features. First, rates are higher for longer CD terms. For instance, a CD term that is five years will have a much greater yield than say a one-year CD. Second, if you close a CD before it attains maturity, you will incur an early withdrawal penalty. This penalty differs with banks as well as CD terms. Third, you cannot make a partial withdrawal of a certificate of deposit. You must withdraw all or nothing, unlike a savings account.
Below are a few strategies you can use to find the best CD rates that will give you the highest yield on your certificate of deposit.
- Open a CD with online Banks and Credit Unions
- Online banks and credit unions offer competitive CD rates. It is also easy to open a CD with an online bank as they are available across the country. Credit unions also offer high yielding CD rates. The only disadvantage with opening a certificate of deposit with a credit union is that you must first qualify to become its member
- Open several CDs
- You can also open multiple CDs to reduce the impact of early withdrawal penalties. Having many CDs will offer you with the flexibility of withdrawing money whenever you need it
- Look at longer CD terms
- Longer CD terms mean higher yields. However, longer terms also mean that you cannot withdraw earlier due to the early withdrawal penalty. It is therefore advised that you look for CDs that are long term but at the same time have lower withdrawal penalties.
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7 inexpensive phone deals to save money
Read moreMost phone companies and carriers periodically announce attractive offers, discounts, and trade-ins for devices to attract new customers. You can use these deals to replace or buy a new phone. You can choose prepaid, locked, and phone deals tied to a service provider or carrier. These deals can help you save money; all you have to do is find the right deal. Here are some deals that will give you a bang for your buck.
5G smartphone sale at Verizon – Limited time offer
Verizon is offering its existing and new customers some awesome deals if they want to trade in their current phones in any condition, except for any battery damage. There is no precondition to buying an additional line. However, you may have to upgrade to a higher value plan. You can also get $400 for your phone if you upgrade your existing plan to a 5G Start plan. Some of the phones eligible under these deals are iPhone 13, Pixel 6, Samsung Galaxy S22 Ultra, and Moto g Stylus 5G.Buy Samsung Galaxy Z Fold 3 for $299
A Samsung Galaxy Z Fold 3 costs about $1,699. However, the company is currently offering $300 off on the selling price. Additionally, you can save $1,100 if you trade in your current phone. You also get a small, portable Samsung Freestyle projector that you can carry everywhere. The Galaxy Z Fold 3 is considered a luxury phone, and this deal helps you buy this prized phone at just $299.Apple phone deals
Apple offers iPhone SE for $429. You can save from $90 to $600 by participating in Apple’s trade-in program. You can trade an iPhone 8 or newer to get a new iPhone SE.iPhone deal From Verizon
Verizon also offers its existing and new customers a deal to get a new iPhone SE 2022 free when they open a new unlimited line. There is no trade-in requirement for this deal. One more attractive deal iPhone deal on Verizon is that you can buy an iPhone 13 for $799. You can avail of this deal by trading in your old or damaged phone and signing up for an unlimited plan of Verizon.iPhone deal From Cricket
You can buy a new iPhone SE 2022 for $399 if you bring your number and buy a new plan from Cricket at $60 per month.Unlocked Samsung cell phone deals
Samsung is offering the Galaxy S22 for $74 after an eligible trade-in. The deal is available for AT&T. For new accounts, you can also have four free months of YouTube Premium and six months of 100GB OneDrive cloud storage.Prepaid iPhone deals
Visible Wireless, a prepaid carrier, offers a $300 gift card with a new iPhone SE 2022 if you switch from one carrier to Visible Wireless. You have to choose an unlimited plan to be eligible for this deal.Additionally, Mint Mobile offers six months of free service when you buy an iPhone SE 2022 with a 6-month plan, allowing you to now enjoy 5G data free for one year.
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5 types of ice cube trays with amazing features
Read moreIce cube trays are essential if you love chilled drinks. Every individual wants to drop a few pieces of ice inside his drink before gulping it down the throat. Many brands have been delivering ice cube molds to accomplish the said purpose. Here are a few must-have ice cube trays for every refrigerator.
- Ice cube trays with flip open option These new trays provide you the opportunity to fill only a few molds while others can be covered using the flip open arrangement. Moreover, the liquid goes straight into the hollow without spilling on to the sides providing more even shaped ice cubes.
- Ice cube trays made from stainless steel These are more durable and aesthetically pleasing than the plastic ice cube trays and rubber ice trays. They come with a steel lever that assists in picking the cubes out of the mold without much hassle.
- Silicon ice cube trays The ice cube molds made from material as soft as silicon are highly convenient since no effort is required in removing cubes. These are structured in a straightforward manner with no dramatic accessories resulting in neat, even blocks of ice.
- Ice cube trays with snap feature If you have always faced the struggle of effortlessly taking out ice cubes from the ice cube molds, you will love these trays that have inbuilt trigger that makes the cube pop out as soon as it is pressed. However, this trigger may get jammed at times defeating the whole purpose of its creation.
- Ice cube trays with sturdy body While rubber ice trays are pretty delicate, the heavy plastic ice cube trays are strong enough to allow twisting and turning of the mold to a limited extent. These are the most commonly found trays constructed in a traditional manner for a little shaking and sliding.
Many ice cube trays are available in exciting colors such as violet, brick red, and pink for those who like experimenting. These days, most refrigerators have ice cube trays already inside the freezer so that you don’t have to involve yourself in the effort of placing separate molds. The refrigerator encompasses certain options that help in modifying the size right from giant cubes to crushed, slushy ice. Every material used has its own set of problems such as rubber ones that leave a slight peculiar taste in the ice and plastic ones that make picking almost impossible. Nevertheless, ice cube trays have been assisting homeowners since time immemorial in establishing the most delicious and beautiful form of ice. Not only do these trays freeze ice, but also food items such as tomato paste, peas, baby food and others.