In terms of safety, most -- but not all -- CDs are protected by FDIC insurance. That means if your bank failed, you'd almost ...

"A practical approach could be to ladder your CDs," Dempsey says. "Buy some one year, some two years, some three years, etc." See all the best short-term CD rates you can qualify for here.

Learn all about various types of certificates of deposit ... Browse Investopedia’s expert-written library to learn more. CDs, along with other types of deposit products, do not build credit.

That all noted, early withdrawal penalties on a long-term CD can be steep, potentially eliminating most or all of the interest earned to date. So it's critical that whatever CD term you ultimately ...

Build a CD ladder to take advantage of today's rates without locking all your money up for years. CDs are best for people who want safe, steady returns. Savings accounts offer more flexibility ...

CD ladders let you leverage high rates without locking up all of your money long-term. The best interest rates on CDs—certificates of deposit—pay up to 9.57% today, based on certificate term ...

Many CDs require a minimum deposit and credit unions ... rewards and other category-specific attributes. All ratings are determined solely by our editorial team. Our ratings are calculated based ...