Why a short-term CD could be better this May If you're not sure about locking up your funds for a long time, short-term CDs might be a better fit this May. In general, short-term CD accounts are ...

Callable CDs should state a noncallable period, or the initial time when the CD cannot be called. For example, a five-year CD may have a one-year call-protection period.

Callable CDs are CDs that can be closed early, or called, by an issuer. They offer some advantages and some disadvantages over other types of CDs.

Short-term and long-term CDs both offer low-risk returns. However, you still risk opportunity costs. If you invest in short-term CDs and rates decline by the time they mature, you may wish you had ...

Best CD rates by term Historically, longer-term CDs pay higher rates. For example, according to data from the Federal Deposit Insurance Corporation (FDIC), six-month CDs averaged 0.78% in 2009 ...

CDs are insured up to $250,000 by the FDIC, just like savings and checking accounts. But there are some limits and restrictions you should be aware of. For instance, brokered CDs are not always ...

High-yield certificates of deposit (CDs) are low-risk saving instruments that offer fixed returns for a specific period of time. They have higher rates than traditional CDs and savings accounts ...

Why a short-term CD may be better in 2024 Short-term CDs are likely your best bet if you want easier access to your money. This might be the case if you need a financial safety net, you're worried ...