As of February 18, 2025, the weighted average interest rate for a 12-month CD was 1.80%, compared with 0.41% for a savings account and 0.64% for a money market account, according to the Federal ...

A certificate of deposit (CD) is a type of deposit account that offers a fixed interest rate. To earn that rate, you'll typically need to keep your funds in the account for a certain period of time.

A callable certificate of deposit is a CD that can be redeemed early by the issuing bank at a predetermined price. Here's how they differ from traditional CDs.

How do you open a certificate of deposit? To open a CD, you’ll need to share your personal information -- name, birthday, address and Social Security number ...

Long-term CDs give you the opportunity to earn today's rates for up to 5 or even 10 years. Getty Images/iStockphoto Saving money can be a challenge in an economy with persistent inflation.

A high-yield certificate of deposit (CD) can help you earn more on your savings. Here’s how high-yield CDs work.

A certificate of deposit, or CD, is a savings option that pays a fixed interest rate, typically offered by a bank or credit union. You agree to deposit a lump sum of money, ...

Opening a certificate of deposit (CD) can be a solid way to lock in predictable growth on your savings. Currently, the highest average CD rate is 1.77% APY for a 12-month CD, according to the ...

Not to be confused with the metallic music-playing discs of the '80s and '90s, CDs — formally known as certificates of deposit — are a savings option still very much in play. This particular ...

A certificate of deposit, or CD, is a type of account that allows savers to lock in a specific interest rate for a certain time. S&P 500 +---% | Stock Advisor +---% Join The Motley ...

The era of certificates of deposit with rates of 4% or 5% may soon be coming to a close. Patrick T. Fallon/AFP via Getty Images In the midst of all the market volatility, many investors are ...