7.5% Certificate of Deposite for one year?

With average disc rates at around 4.9% for one year contracts would you be interested in a 7.5% rate if it designed sharing the compact disc through a brokerage firm?

Answers:
If in that be a sandbank offering 7.5% compact disc rates, I wouldn't share a compact disc, because I own more than $25,000 dollars to put contained by such a compact disc. But in attendance is no edge surrounded by the United States offering FDIC back compact disc's at that rate. I don't caution if you enjoy a million dollars to invest. That is not the going rate. If someone is offering you this rate, it is any a fraud or not FDIC insured.
Questions that should be answered first.


Is the deposit FDIC insured?

What are the restrictions on deposits? (Minimums, penalty for rash withdrawal)

What is the possession of the disc?

Who is the issuing dune or financial institution?


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