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 ...

You can find some CDs with terms as short as a month or as long as a decade, but usually, the terms range from three months to five years. Traditionally, long-term CDs offer higher interest rates ...

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.

CDs have a fixed maturity date such as six months, a year, or five years. After that, you can cash in your CD and spend the money, use it to buy a new CD, or invest it in some other way.

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 ...