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.

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.

Dan was a writer on CNET's How-To and Thought Leadership teams. His byline has appeared in The New York Times, Newsweek, NBC News, Architectural Digest and elsewhere. He is a crossword junkie and ...

Today's top CD rate is 5.51%. Start saving today» A certificate of deposit, or CD, is a type of bank account. It pays a fixed APY, which means you'll earn the same interest rate during the entire ...

U.S. Securities and Exchange Commission. “Certificates of Deposit.” Consumer Financial Protection Bureau. “What Is a Certificate of Deposit (CD) Rollover or Renewal?” Office of the Comptro ...

A certificate of deposit, or CD, is a type of account that can allow savers to lock in a specific interest rate for a certain time and can be a great solution if you're looking to maximize the ...

A certificate of deposit (CD) is a type of savings account that "pays a fixed interest rate on money held for an agreed-upon period of time," said Investopedia. CDs are usually offered by banks ...

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 ...