Bookmark

When the U.S. dollar strengthens—you benefit.

WorldCurrency Certificates of Deposit - DollarBull CD

Diversifying with foreign currencies is possible, even when you believe the U.S. dollar will strengthen against a selected foreign currency. That's what the EverBank® DollarBull® Certificate of Deposit Glossary is all about.

  • DollarBull CD


    When the U.S. dollar does well, so do you. Over 15 major currencies to choose from.
  • Apply Now

DollarBull® CDs offer the following benefits and features:

  • Available in 3-, 6-, 9-, and 12-month terms.
  • Returns based on potential appreciation in the U.S. dollar against a selected foreign currency. However, if the selected foreign currency keeps the same position or appreciates versus the U.S. dollar, you will experience a loss of principal.
  • Available in all major currencies, including some from emerging markets.
  • No monthly account fees (Net Interest Cost Glossary applies, consult the
    pdf WorldCurrency® Truth-In-Savings for further details).
  • Open with a competitive minimum deposit of $10,000.
  • FDIC insured for bank insolvency.1

Your DollarBull CD Account includes the EverBank Asset Manager Service Glossary, which automatically combines all of your banking, World Markets and other EverBank investment accounts into one relationship.

What should I consider before I open a foreign currency account at EverBank®?

We feel it's important to assess your tolerance for the risks associated with currency fluctuations. While FDIC insurance will protect you from bank failure up to $250,000 (through December 31, 2009), currency values can be affected by various geopolitical and economic influences and this can negatively and positively impact the amount of your deposit. We recommend that you carefully consider both the potential for currency appreciation (or loss) along with the rate of interest that you may earn when assessing the use of foreign currency products as part of a broadly diversified investment strategy.

We encourage you to use our foreign currency resources to educate yourself about currency investing and the factors that influence currency values.

What can you tell me about any risks associated with DollarBull CD accounts?

While FDIC insurance will protect you from bank failure up to $250,000 (through December 31, 2009), it's important to understand that your deposit will be susceptible to losses or gains due to currency-price fluctuations. Various geopolitical and economic influences can affect a currency's value. We recommend that you carefully consider both the potential for currency appreciation (or loss) along with the rate of interest that you may earn when assessing the use of foreign currency products as part of a broadly diversified investment strategy.

I'm interested in opening an DollarBull CD account, what's my next step?

Please note: Not all investments are right for all investors. You should conduct your own research and/or consult with an investment advisor before making any investment.

  • Before opening a WorldCurrency account, we recommend reading what to expect when opening a currency account.
  • Once you select the currency offering that's right for you, apply online or call 800.926.4922 for more information.
  • For your protection, we require that you sign and mail your application along with a deposit.
  1.  
  2. EverBank, EverTrade, the EverBank Infinity Sphere and the EverBank logo, along with DollarBull, WorldCurrency and MarketSafe are proprietary service marks of EverBank. All rights reserved.