Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written library to ...

Though not as common as savings accounts, there are many certificate of deposit pros and cons that might help you with your savings journey. Learn more.

A one-year certificate of deposit (CD) gives you a guaranteed return on your investment with the security of FDIC insurance and the option to withdraw or reinvest your funds when the year is over.

The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks use to lend and borrow money. While the Fed's decision to change rates ...

FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money ...

Here are the 10 best rates for CDs in February 2025. All of these accounts are protected by either the Federal Deposit ...

Certificates of deposit tend to be less risky than other investment vehicles for a few different reasons. If you bank with an FDIC-insured bank, your CD is insured up to $250,000. Fixed rate CDs ...

Federally insured up to $250,000 ... Understand the account’s terms and conditions before signing up. A certificate of deposit — or a CD — is a savings account that pays a fixed rate ...

Rates for many of the highest-earning certificates of deposit are starting 2025 off a little lower than they were a few weeks ago. But while gone are the days of the widely available 6% fixed return, ...

If the bank fails, you'll receive a claim against the estate of the closed bank and a Receiver's Certificate as proof of the claim. After the insured deposits are reimbursed, you might get payment ...