With a possible interest rate cut looming, many Americans are wondering which CD term length is better to lock in now.

Some say CD rates may be stable — but still high – in August. “Rates will most likely stay higher as the yield curve stays inverted and the lower end of the curve stays high, as does the ...

Say you’d like to open a 1-year CD with 4.00% APY and a $1,000 minimum deposit. You would earn $40 in interest on that initial $1,000. When the CD matures, or in other words, the term ends, you ...

John Furlong signed up for a certificate of deposit last year that paid 3.85%. When he checked his account in February, he was surprised to find the bank was only paying him 0.05%. The 62-year-old ...

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.

Many experts recommend investing $10,000 into a one-year certificate of deposit for various reasons. However, when choosing to do so, you’ll want to understand what types of deposits are in your ...

Initial deposit The “initial deposit” is the amount you agree to put into your CD at opening. CIT Bank, for instance, has a $1,000 minimum deposit for most of its CDs.

Opening a certificate of deposit (CD) has never been easier. You can do it online, from the comfort of your own home. Here’s what you need to know.

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.