Just remember: Not all CDs are created equal. If you're considering a CD for your savings, here's when you may want to use a callable CD — and when you might not. Compare today's top CD options ...

Callable CDs give banks and brokerage firms the right to redeem a CD before the maturity date. They’re more likely to call CDs when interest rates are falling. Financial institutions don’t ...

Callable certificates of deposit promise higher returns than regular CDs and are FDIC-insured. But the issuer owns a call option on the CD and can redeem, or "call," your CD from you for the total ...