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Amazon Advantage offers you the ability to sell physical CDs directly.

But, you may want to list your CD with Amazon directly without a middleman. So what does that mean for you, the independent musician? Does it make sense for you to sell your CDs on Amazon? How does CD Baby match up? Well, let’s take a look.įirst we should point out that CD Baby clients can already sell their music on Amazon since CD Baby distributes through Amazon. Amazon is one of the largest online retailers in the world, with an ambitious goal to eventually sell everything that can be bought. If you were to lock in a rate at the average of 2.82%, you’d earn around $3,730 in interest.Review of Amazon Advantage and CD Baby for Musicians

The national average APY is 2.82%, the same as last week, as well as last month. Yields on five-year CDs have remained stable over the past week. If you invest $25,000 in a 36-month CD at the average rate of 2.73%, you’d earn more than $2,100 in interest. The national average APY for a three-year CD stands at 2.73%, a basis point higher than it was last week and the month prior. If you invest $25,000 in a 24-month CD at the high rate of 4.83% APY, you’d earn nearly $2,475 in interest. Right now, the highest national rate for a 24-month CD is 4.83%. The nationwide average APY stands at 2.54%, a jump from 2.52% just a month prior. Interest rates on CDs with longer terms, such as those spanning two years, are also on the rise. The current national high for a 12-month CD is 4.89% APY, which would earn more than $1,220 in interest with a $25,000 deposit. The national average APY is 2.43%, compared to 2.40% a month before. One-year CDs can give you returns as high as, or even higher than, longer-term options. If you’re up for setting aside your savings for a full year, you’ll be able to snag even more impressive rates.

You’d earn more than $600 in interest if you put $25,000 in a six-month CD with a 4.88% APY. But you may be able to find better deals by shopping around. The current top national rate for a six-month CD is 4.88% APY, according to Bankrate data. The national average APY for six-month CDs is 1.90%, up slightly from 1.89% last week and 1.88% one month ago. When you opt for the top six-month CDs, you get a winning combination: solid interest rates and a short-term commitment. The national average rate is 1.44% today, up one basis point from a month prior. Rates on three-month CDs have increased over the week.