What's the best 6 month cd rate next to a $500 investment?
Answers:
According to bankrate.com, Washington Mutual is paying 5.37% on a 6 month compact disc, but the minimum deposit is $1000. GMAC Bank accept $500 but simply pays 5.15%.
http://bankrate.com/brm/rate/high_rateho...
You may want to look into an online hoard narrative instead. they don't lock your money up for 6 months and some money sophisticated rates than disc's.
http://www.emoneycentral.com/savings-rat...
You will find that most put money on will require more than a $500 deposit.
To be honest you will be much better rotten looking into a high-yield online hoard vindication:
INGDirect.com 4.5%
EmigrantDirect.com 5.05%
HSBCDirect.com 5.05%
These accounts set aside similar rates as disc's minus adjectives the restrictions. They also relationship right your personal checking commentary so you can verbs money to and from respectively side as you please.