Details for RATESEEKER LLC - Ad from 2019-08-14

Suburban Journals

Financial Guide
Deposit & Loan
Institution

Synchrony Bank

Int Chking
Acct
Min

Money
Mkt Acct
Min

3 mo
CD
Min

6 mo
CD
Min

12 mo
CD
Min

18 mo
CD
Min

24 mo
CD
Min

36 mo
CD
Min

60 mo
CD
Min

NA

1.20

0.75

1.00

2.50

2.50

2.50

2.60

2.80

NA

0

2,000

2,000

2,000

2,000

2,000

2,000

2,000

Great Rates + Safety = Peace of Mind. Member FDIC.

Phone / Website

800-869-3813
www.synchronybank.com

TO PARTICIPATE IN THIS FEATURE,
CALL SALES DEPARTMENT @ 773-320-8492
Savings Update

Are there fees to open or maintain a CD?
By Sabrina Karl

4A 	-8B %#<:$B" <=B %B(> ><#@:B> #8B@ <=B 53>< >B8B@35 &B3@> 32#9< !B%35<&. (=:$= :> <@:??B@B" :A 	 (:<="@3( 3%& #A <=B /,-> 2353%$B
the rising frequency of bank fees, and are considering stashing before maturity.
some of your savings in a certificate of deposit, you might wonder
what fees you could encounter with a CD.
;3$= 23%7-> B3@5& (:<="@3(35 !B%35<& :> >B5A+"B
<&!:$355& $35$953 3 %9'2B@ #A '#%<=>- :%< "B"9$ :> <=3< :<-> 3 @3@B /, <=3< (:55 =:< 	 (:<= 3%& ABB>* <=B /,-> 2353%$B 2BA#@B <=B 23%7 @B<9@%> 	@ A9%">* 09< <=B !B%35<:B> 83@& (:"B5&. ># :<-> :'!#@<3%< <# $=B$7 3 23%7-> !#5:$& 2BA#@B
With the basic model of a certificate of deposit being that you opening a certificate with them.
agree both to invest a certain dollar amount with the bank or credit
union for a predetermined number of years and not withdraw the Another fee that a small number of CDs charge is for paper
funds until the term expires, there are almost no transactions statements. Occasionally, a CD will carry a condition that only
electronic statements are allowed — it might even be called an
involved with a CD, other than its inception and maturity.
eCD. So requesting paper statements could land you in monthly
1> 3 @B>95<. 23%7> ?B%B@355& "#%-< $=3@?B 3%& ABB> A#@ #!B%:%? 3 fee territory.
CD, nor for maintaining it through its term.
For the vast majority of CD savers, though, the experience will be
That said, a couple specific instances could incur a fee or penalty ABB+A@BB) 	-55 "B!#>:< 	@ A9%">. 5B< <=B' >:< 3%" B3@% :%< A#@
in your CD account. The most common is the early withdrawal the term, and withdraw the principal and earnings in full at the end.
Rate Criteria: Rates effective as of 08/06/19 and may change without notice. RateSeeker, LLC. does not guarantee the accuracy of the information appearing above or the availability of rates in this table. Banks, Thrifts
and credit unions pay to advertise in this guide. NA means rates are not available or not offered at the time rates were surveyed. All institutions are FDIC or NCUA insured. Yields represent annual percentage yield (APY)
paid by participating institutions. Rates may change after the account is opened. Fees may reduce the earnings on the account. A penalty may be imposed for early withdrawal. To appear in this table, call 773-320-8492.

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