
Jumbo CD: What It Is And Why It’s Not Often a Good Deal
A jumbo CD is a certificate of deposit with a typical opening minimum of $100,000. But this type of CD doesn’t often have better rates than a high-yield CD.


A jumbo CD is a certificate of deposit with a typical opening minimum of $100,000. But this type of CD doesn’t often have better rates than a high-yield CD.


By law, banks cannot charge you overdraft fees for certain types of transactions unless you opt in to overdraft coverage.
