Most banks offer mutual funds, and depending on the type of mutual fund you invest with, the returns can be as high as 100% (this needless to say, goes with risk - hand in hand). So if you are looking at higher interest rates than your typical (safe) CD, Mutual Funds might be a good place to look into. Some banks will offer the investment in a mutual fund, seem like a time deposit.
Which banks and account types currently offer the highest interest rates?
Are certificates of deposit still a good investment choice?1 ansWhat would you do today if your total savings amounted to only $10,000?1 ansCan additional deposits be made into an existing certificate of deposit (CD)?1 ansCan bank CDs be transferred to another person, or must they be redeemed first?1 ans