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I have 6.01% with United Heritage. Free ATMs and everything. Great bank. I even just got a $500 loan at 4.5% for 13 months to help my credit score.
Anyway, I make quite a bit a month from interest. The question I have is, why are CD rates so low compared to high yield checking accounts like this? The highest CDs are like 5%, so why would anyone go for the CDs that are around 3 or even 4% when they could throw it in a high yield savings account?
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