Charles Schwab CD Rates

February 24, 2010

Charles Schwab is one of the leading financial institutions that offer many avenues of investment for every investor. One of their popular products is the certificate of deposits or CDs. Schwab CD One Source is the name of the CD and it comes with many numerous features. These high yielding CDs offer a lot of flexibility. Varying term periods come with varying interest rates and the investor can choose an option that is best suited for their needs and personal preferences. It is also very easy to purchase the CDs. It can be purchased at any time of the day and any day of the week and this is a great convenience to customers. It can even purchased online by existing Charles Schwab account holders. Besides these features, they offer one of the top CD rates in the industry today and this makes it all the more popular.

The current Charles Schwab CD rates are 0.20% for a term of 4 to 6 months. The Charles Schwab CD rates for a period of 7 to 9 months is 0.30% APY and the rates are 0.45% for a term of 10 to 18 months. The Charles Schwab certificate of deposit rates for a period of 1.5 years to 2.5 years is 1.25% APY. The best part of these CDs is that they are all insured by FDIC and backed by the guarantee of Charles Schwab. This guarantee takes a lot of importance in this current economic scenario. These interest rates coupled with the features that come with it make it an attractive investment option for many people.

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