February 21, 2024

6 Month CD Rates

6 months CD6 Month CD Rates are bank investments that have a maturity date of 6 months. These short term investments allow for an investor to be more liquid with their capital than a longer term Certificates of Deposit. These investments are insured by the FDIC up to $250,000. Investors typically invest in these short term vehicles because they offer a better rate then Savings Accounts or Money Markets rates.

Bank CD Rates for a 6 month Certificates of Deposit vary depending on the bank and it is wise for an investor to shop around before placing their money. A 6 month certificate of deposit investment is low risk and allows for greater flexibility in an uncertain economic environment. 6 month CDs are a great option for individuals who don’t want to tie up their monies long term, yet still want to earn interest while they plan a more long term strategy. Chase CD Rates are often are great option for short term investing.