Compare Beal Bank CD Rates and Enjoy Savings

Beal Bank CD rates can be a great way to earn a fixed return on your savings over a set period of time. Beal Bank offers a range of CD terms to choose from, including a 6-month CD with a minimum deposit requirement of $1,000.

If you're looking to save money without locking it away for too long, Beal Bank's 6-month CD might be a good option. This CD earns a competitive interest rate of 2.50% APY.

To maximize your savings, consider opening a Beal Bank CD with a higher minimum deposit requirement. Beal Bank's 3-year CD, for example, requires a minimum deposit of $1,000 and earns a higher interest rate of 4.00% APY.

By choosing the right CD term and minimum deposit, you can enjoy higher Beal Bank CD rates and grow your savings over time.

If this caught your attention, see: Beal Bank Rating

Beal Bank CD rates are a great option for those looking for a competitive return on their investment. Their rates are more competitive than traditional brick-and-mortar banks, especially for short-term CDs.

One thing to note is that Beal Bank's rates can be a bit lower than online banks like Ally and Marcus by Goldman Sachs for longer-term CDs. However, their short-term rates are still quite competitive.

Beal Bank's 3-Month CD rate is 4.20%, which is much higher than Chase's rate of 0.01%. Their 12-Month CD rate is 4.05%, which is slightly lower than Ally's rate of 3.90%.

Here's a comparison of Beal Bank's CD rates with some other banks:

Beal Bank's CD rates are available in terms ranging from 3 to 60 months, with rates decreasing slightly for longer terms.

Related reading: Cd in Banking Terms

CDs offer a fixed interest rate for a specified term, typically ranging from a few months to several years. This allows you to plan your finances with confidence.

A 1-year Beal Bank CD, for example, earns a higher interest rate than a traditional savings account. This is a key benefit of CDs.

With a CD, you can lock in a higher interest rate and avoid the risk of market fluctuations. This is especially important in times of economic uncertainty.

Beal Bank CDs have terms ranging from 3 months to 5 years. This flexibility allows you to choose the term that best fits your financial goals.

By investing in a CD, you can earn a higher interest rate than a traditional savings account. This can help you grow your savings over time.

Beal Bank CDs are insured by the FDIC, providing an additional layer of protection for your deposit. This gives you peace of mind knowing your money is safe.