Featured Savings Rates

Negotiating Higher CD Rates - How Much Money Does It Take?

Ken Tumin
Ken Tumin   |     |   5,687 posts since 2009

Any long-time CD investor will know that you can often negotiate higher CD rates than what banks post. It often requires a large deposit to get the best deals. It was mentioned in this Chicago Tribune article that "bankers get motivated when customers have $100,000, and $200,000 makes bankers jump through hoops."

The article also includes some useful resources for finding the best CD and reward checking rates.