How much money should I put in a CD?

Understand how much money to put in a CD, considering your financial situation and goals.
The amount of money you should put in a certificate of deposit (CD) depends on numerous factors, ranging from how much you have to invest to how much the bank requires. You must typically make a minimum opening deposit, usually between $500 and $2,500, although some accounts don’t have this requirement. Your financial circumstances and […]

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Ask a Nerd: How Much Money Should I Put Into CDs? - NerdWallet