See how we rate banking products to write unbiased product reviews. A certificate of deposit (CD) is a type of deposit account that offers a fixed interest rate. To earn that rate, you'll ...

A callable certificate of deposit (CD) offers a higher interest rate than a traditional one, but with the condition that the issuing bank has the right to "call" or redeem the CD before its ...

However, there still are many options to consider — one of them being a certificate of deposit, A certificate of deposit is a savings account with high interest rates. Individuals who invest in ...

Thinking about opening a certificate of deposit right now? Smart move. The best CD rates currently top 5% annual percentage yield, or APY, as banks await the Federal Reserve’s next meeting.

Commissions do not affect our editors' opinions or evaluations. High-yield certificates of deposit (CDs) are low-risk saving instruments that offer fixed returns for a specific period of time.

A certificate of deposit is a type of savings account that earns interest for a set time frame, known as a term. The term is the length of time you agree to leave your money deposited in the CD.

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...

Today's top CD rate is 5.51%. Start saving today» A certificate of deposit, or CD, is a type of bank account. It pays a fixed APY, which means you'll earn the same interest rate during the entire ...

Learn more about it. A CD—short for certificate of deposit—is a low-risk investment that offers a moderate (but guaranteed) return in exchange for a commitment to lock in your money for a set ...

A certificate of deposit (CD) is a low-risk deposit account that earns a fixed rate of return. In exchange for this guaranteed yield, you agree to lock up your money until the CD’s term expires.