How to Invest in Ecuadorian Certificates of Deposits (CDs)

Interest Rates

• The interest rate depends on the amount you invest, the term length, and the institution.
• Credit unions generally offer higher interest rates than banks due to their higher perceived risk.

You can compare interest rates between credit unions and banks on our website: Compare CDs.

Interest Payments

You can choose from the following options:

• Regular interval payments.
• Payment upon maturity.

Some institutions also offer prepaid interest at the start of the term.