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What is the difference between a Share Certificate and a money market?
my bank has share certificates with these rates:
Term 1000-74,999
Div Rate APY
3 mo 4.00% 4.07%
6 mo 4.55% 4.65%
12 4.70% 4.80%
18 mo 4.75% 4.85%
24 mo 4.80% 4.91%
36 4.90% 5.01%
48 mo 5.85% 6.01%
60 5.25% 5.38%
Are those good rates? what do they mean? They have these payday Saver
certificates too, which i guess is similiar to the share certificates,
but shorter only 1 and 2 years and only need to start with $100 instead
of $2,500.
--
Jennifer Dozar
http://seul.org/~jennifer/osschools/
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