Deposit Interest Rate


DEFINITION of 'Deposit Interest Rate'

The interest rate paid by financial institutions to deposit account holders. Deposit accounts include certificates of deposit, savings accounts and self-directed deposit retirement accounts.

BREAKING DOWN 'Deposit Interest Rate'

Deposit accounts are attractive places to park cash for investors who want a safe vehicle for maintaining their principle, earning a small amount of fixed interest and taking advantage of insurance such as FDIC and NCUA insurance.

  1. Personal Finance

    All financial decisions and activities of an individual or household, ...
  2. Small Saver Certificate - SSC

    A deposit savings account that has no minimum balance requirement. ...
  3. Federal Deposit Insurance Corporation ...

    The U.S. corporation insuring deposits in the U.S. against bank ...
  4. Individual Retirement Account - ...

    An investing tool used by individuals to earn and earmark funds ...
  5. Prime Rate

    The interest rate that commercial banks charge their most credit-worthy ...
  6. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. ...
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