A CD, or a certificate of deposit, is a type of savings account that lets you stash money for a fixed period of time. With CDs, you earn interest on the amount you deposit, and.

For comparison, the national average rate for a one-year CD is 1.62% as of June 16, 2025, according to data from the FDIC. Purchasing a CD through Charles Schwab requires having a brokerage ...

5-year CD yield: 1.72% APY These averages look much different from the actual rates available on top CDs today , though. Here are some of the best CD rates by term today: ...

"I think a short-term CD is a better option than a long-term CD, just because of the current rate environment and the uncertainty that exists in the marketplace right now," says Karin Cook, vice ...

When a certificate of deposit reaches its maturity date, you have a limited window to decide what to do next. Here's what to know.