Which is a CD that offers a higher rate for every six months you are invested?

Name: Which is a CD that offers a higher rate for every six months you are invested?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A bump-up CD offers the option to increase the interest rate if market rates go up. This type of CD is beneficial for investors who want to take advantage of potential higher rates but still want some security with their investment. The rate is usually increased at predetermined intervals, such as every six months.

Which Is a CD That Offers a Higher Rate for Every