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Understanding Bump-Up and Step-Up CDs: Pros, Cons, and Alternatives
“`html Bump-Up and Step-Up CDs: Maximizing Your Savings Bump-Up and Step-Up CDs: Maximizing Your Savings What Is a Bump-Up CD? A bump-up CD, sometimes called a trade-up CD, allows you to increase your CD’s interest rate during its term. Typically,…
