‘Brokered CDs’ Offer Interest Rates Well Above Regular CDs

from WSJ Your Money Matters · host WSJ Your Money Matters

While many banks offer interest rates around 2% for standard certificates of deposit, or CDs, they offer substantially higher rates on “brokered CDs.” WSJ reporter Rachel Louise Ensign joins host J.R. Whalen to discuss how consumers can buy them. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode metadata supplied by the publisher feed · Published Oct 26, 2022

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‘Brokered CDs’ Offer Interest Rates Well Above Regular CDs

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