Capital One has 5% CD rates

Capital One is offering a 5% Certificate of Deposit rate until 3/14/23

We haven’t mentioned Certificate of Deposits on these pages, because for younger readers they might not had one due to extended low interest rates. You lock up your money for a predetermined length of time, and at the end you get a higher rate of interest. If you take out the money early, you pay a penalty. Capital One’s deal on short term CD’s is the best we have seen at 5% for 11 months. There are no minimums. We plan to move some extra money outside emergency savings into this CD to lock in the higher rate. Note: We have a Capital One account.

We continue saving and earning points to pay off debt. Every $2000 we pay off our student loan at 8%. We made two such payments last month.

Wishing you well on your financial and sustainable journey,


Published by smilingdad

My story is one of tragedy and redemption. We've made many mistakes along the way regarding our money. Our goal here is to show you how to take care of your money life long, and as much as we can, help the Earth along the way. I call it sustainable personal finance and ethical capitalism. Currently, I am a part time writer for Cleantechnica and part-time licensed financial professional, along with being a full-time dad.

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