Learn how CDs can grow your savings with zero market risk, as well as where and when is the best time to invest.

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

Discover the differences between a share certificate vs. CD and find out why each investment option offers a blend of income and security for investors.

Certificates of deposit can be safe, but they're not perfect. Here are five CD investing drawbacks to understand before you ...

A certificate of deposit is a safe, income-generating investment that earns interest for a set period of time, also known as a term. The term is the length of time you agree to leave your money ...

Certificates of deposits, which gained popularity in the U.S. in the 1960s, are among the safest and most profitable ways to save money. With set annual percentage yields, CDs are a low-risk ...

As mentioned above, certificates of deposit are relatively risk-free. However, due to inflation — which has been an ongoing issue as of late — you might end up with a lower value than expected.

Initial deposit The “initial deposit” is the amount you agree to put into your CD at opening. CIT Bank, for instance, has a $1,000 minimum deposit for most of its CDs.

The CD also has a set interest rate for the term. CDs are considered low-risk as they are government-backed. You can choose certificates of deposit from most banks, credit unions and brokerage firms.

The amount varies between financial institutions and CD products. Generally, minimum deposit requirements for CDs range from $500 to $2,500, but some may require a larger deposit.

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.