See how we rate banking products to write unbiased product reviews. A certificate of deposit (CD) is a type of deposit account that offers a fixed interest rate. To earn that rate, you'll ...

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...

Text Callout : Key Takeaways - What Is a Certificate of Deposit? Certificates of deposits, which gained popularity in the U.S. in the 1960s, are among the safest and most profitable ways to save ...

However, there still are many options to consider — one of them being a certificate of deposit, A certificate of deposit is a savings account with high interest rates. Individuals who invest in ...

A certificate of deposit offers a guaranteed interest rate over a specified term. Consumers can get their money early but generally with a penalty. Consumers often come out ahead by buying a long ...

A certificate of deposit, or CD, is a savings product that offers a fixed interest rate in exchange for keeping your money in the account for a specified period, or term. If you need to access ...

Commissions do not affect our editors' opinions or evaluations. High-yield certificates of deposit (CDs) are low-risk saving instruments that offer fixed returns for a specific period of time.

A certificate of deposit is a type of savings account that typically offers a fixed interest rate and a higher rate of return than a traditional savings account. Your access to the funds will be ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...

Thinking about opening a certificate of deposit right now? Smart move. The best CD rates currently top 5% annual percentage yield, or APY, as banks await the Federal Reserve’s next meeting.

A CD is a type of savings account with a fixed term. CDs can have higher rates than regular savings accounts. Many, or all, of the products featured on this page are from our advertising partners ...

Learn more about it. A CD—short for certificate of deposit—is a low-risk investment that offers a moderate (but guaranteed) return in exchange for a commitment to lock in your money for a set ...