In Banking - Cds - Asked by Admin - 8 months ago
A certificate of deposit whose interest rate fluctuates in direct correlation to the value of an underlying market index. In other words, the interest rate paid on the CD increases as the value of the market index increases during the life of the CD.
Answered by Admin - 8 months ago
Tags: bull cd, interest rate, what is a bull cd?
If you have cash sitting in the bank and are scared to invest it into something or have a reason not to invest a CD might be a good option. CDs are a way to make a higher percentage from the bank each year. CDs come in different time periods and rates. If you have questions about CDs or need the answer to questions like "what is a bull cd?" Zuuply.com can answer them or you can browse our archives.
