Certificate of Deposits and Health Savings Account Comparison
|
Certificate of Deposit |
Health Savings Account |
Is it Right for You? |
Earn a fixed interest rate on your investment for a specific time period. |
Use with a high-deductible health insurance plan. Save money for qualified medical expenses. |
Minimum Investment |
$1000 |
$100 |
Earn Interest |
Yes2
Rates |
Yes1
$500 minimum daily balance required to earn interest
Rates |
Monthly Service Fees |
No |
If the balance falls below $500, a $2.50 monthly maintenance fee will be assessed |
More Information
|
Certificate of Deposit |
Health Savings Account |
1Rate of interest subject to change after account is opened.
2If the CD automatically renews at maturity, the rate of interest is subject to change from the original term