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A Certificate of Deposit (CD) bonus is an incentive offered by banks and financial institutions to attract new customers or encourage existing ones to invest in CDs. Typically, this bonus comes in the form of a higher interest rate or a cash reward added to the principal amount when opening a new CD account. These bonuses can enhance the overall return on investment, making CDs an appealing option for those seeking a safe and predictable way to grow their savings over a fixed term. However, it's essential to read the terms and conditions to understand any associated requirements.

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