CD Placement Test

Select the answer that best describes your situation in each question
below. When you're finished, click Add Up My Points.

Since interest rates are constantly changing, they can be higher or lower next month or next year. In which direction do you believe interest rates are headed now? Score:
Higher
10		 No Opinion
15		 Lower
20

How important is it to you to be able to withdraw money from your account on short notice without a penalty? Score:
Very Important
10		 Somewhat Important
15		 Not Important
20

How important is it to you to be able to add amounts less than $500 to your account at any time? Score:
Very Important
10		 Somewhat Important
15		 Not Important
20

How important is it to you to be able to lock-in the highest available interest rate, even if it means tying up your money? Score:
Very Important
10		 Somewhat Important
15		 Not Important
20

Which of these accounts do you already have, here or at another institution? Score:
Money Market
10		 Certificate Of Deposit
10		 Neither
10		 Both
15

Which statement best describes your plans for savings? Score:
I just want the money to be there for a rainy day. 5
I'm saving for a specific expense less than a year away. 5
I plan to use the interest income to meet living expenses. 10
I'm saving for a specific expense more than a year away. 20
No plans right now, I just want my savings to grow. 20

To Find Out What Your Score Means, Click HERE


This calculator is for illustrative purposes only. We do not guarantee
that calculations are accurate. Always consult your accountant or
a professional advisor before making personal financial decisions.