bank rates

CD Rates Still Too Good To Be True

We’d have thought this scheme to sell annuities to desperate savers would have run its course by now.

Certificate of deposit adBut insurance agents are still advertising extraordinary CD rates to lure customers through the door.

The come-on continues to work much like it did when we first wrote about “CD Rates Too Good To Be True” in June.

We can’t blame anyone for wanting to earn 2.90% on a 12-month CD when the best nationally available rate is less than 2%. Just check out that post before responding to one of these ads.

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