The minimum deposit required to open a Certificate of Deposit (CD) can vary depending on the bank or financial institution you choose. Different banks have different policies and may set their own minimum deposit requirements. I need to open a CD
In general, the minimum deposit for a CD can range from as low as $500 to several thousand dollars. Some banks may have higher minimum deposit requirements for longer-term CDs or special promotions. It's important to check with the specific bank or credit union where you plan to open the CD to find out their minimum deposit requirements and any other terms and conditions associated with their CD products.
