# Bank of New York Mellon two year CD @ Fidelity with a 4.35% rate

**URL:** <https://community.clark.com/t/bank-of-new-york-mellon-two-year-cd-fidelity-with-a-4-35-rate/1468>\
**Category:** Uncategorized\
**Created:** [October 11, 2022, 8:16pm UTC](https://community.clark.com/t/bank-of-new-york-mellon-two-year-cd-fidelity-with-a-4-35-rate/1468 "2022-10-11T20:16:22Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![AustinBonds](https://avatars.discourse-cdn.com/v4/letter/a/6bbea6/32.png) [@AustinBonds](https://community.clark.com/u/AustinBonds)\
**Post date:** [October 11, 2022, 8:16pm UTC](https://community.clark.com/t/bank-of-new-york-mellon-two-year-cd-fidelity-with-a-4-35-rate/1468/1 "2022-10-11T20:16:22Z")

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Bought $500 worth of a 4.35% two year CD at Fidelity. It is a fractional CD offering. You can buy in increments of $100 instead of the usual $1000 increments requirements. The CDs are not callable. Figured if we go much higher than that rate in the next 2 years, I will have other money to buy with as the rates go up. Slight disadvantage over a treasury note is a CD is not state tax exempt.