Wednesday, September 8th, 2010

EverBank CD Rates

July 3, 2010 by admin  
Filed under Certificates of Deposit

The slogan for the EverBank is “Do traditional things in original ways.” The bank makes its headquarters in Jacksonville, Florida. This bank offers its customers a variety of ways to save money and to realize their financial goals. A certificate of deposit (CD) is an excellent way to do just that. The EverBank CD rates are competitive and offer you the customer an excellent return on your money. Some examples of the CDs offered by this Florida financial institution include traditional CDs, CDARS CDs and market-linked CDs. All certificates of deposit accounts are insured up to $250,000 by the FDIC.

The Yield Pledge CD is a very good choice for someone who is looking for a high yield CD. The interest rates for this CD are pledged to be within the top five of competitive accounts that are available from all of the leading banks around. There is a wide range of maturities for this CD. All you require to open a Yield Pledge CD account is a minimum of $1,500.

If you like to play it as safe as possible then the MarketSafe CD is your best choice. If you want security for your money when you invest but you also are drawn in by the thought of potential gains from investment indexes then a MarketSafe CD is calling your name! There is no account fees connected to this CD. It has upside market potential returns and 100 % deposited principal protection.

The EverBank CD rates can be viewed on the website found at http://www.everbank.com/. At the present time a 3 month CD has a rate of 0.70 % and an APY that is 0.70%. The 1 year CD features a rate of 1.23 % and an APY of 1.24 %. The website provides all of the current rates.

Those who wise to diversify their portfolios with foreign currencies may be interested in the WorldCurrency CDs. If you purchase one of these certificates of deposit you are able to earn money from the appreciation of the currency in relation to the American dollar. In the same token if the American dollar appreciates in relation to the foreign currency you can lose money. In this way this kind of CD is similar to a stock. For single currency CDs you can choose a 3 month term, a 6 month term or a 12 month term. For Basket CDs you can choose either a 3 month or a 6 month term. The interest from this certificate of deposit is locked in when you start the account and is paid at the time of maturity.

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