Learn about certificate of deposit (CD) types, how they work, and how they can fit into your savings goals. Browse Investopedia’s expert-written library for more.

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.

If you’re weighing the pros and cons of a certificate of deposit, you’re not alone. While CDs aren’t as common as savings ...

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 ...

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, ...

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 ...

How a Liquid CD Works. A liquid certificate of deposit (CD) combines the benefits of a traditional CD with the flexibility of a savings account.Unlike standard CDs, which lock your money for a ...

Investment word of the day: Certificates of Deposit or CDs are fixed-income investments from banks, with terms ranging from 7 days to 3 years. They require a minimum deposit of ₹1 lakh.