What Is a Certificate of Deposit (CD)? Pros and Cons - Investopedia
Nov 22, 2024 · A certificate of deposit (CD) is a type of savings account offered by banks and credit unions. It pays a fixed interest rate for a set period of time.
12 Best CD Rates of January 2025: Up to 4.51% APY - CNBC
Jan 15, 2025 · The word CD stands for "certificate of deposit" — and is just that: a deposit account that earns interest. With a CD, you earn a fixed rate of interest for a fixed time period.
Best CD Rates Of January 2025 - Up to 4.65% - Bankrate
4 days ago · Opening a certificate of deposit (CD) allows you to lock in an attractive fixed rate and earn higher returns compared to traditional savings accounts, while providing guaranteed …
12 Best CD Rates Of January 2025: Up To 4.65% – Forbes Advisor
3 days ago · Discover® Certificates of Deposit: Best 10-Year CD at 3.40% APY; Connexus Credit Union Share Certificate: Best Jumbo CD at 2.47% to 2.91% APY
Certificates of Deposit (CDs) - Investopedia
3 days ago · Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written …
What is a CD (certificate of deposit)? - Bankrate
Sep 30, 2024 · A certificate of deposit (CD) is a low-risk deposit account that earns a fixed rate of return. In exchange for this guaranteed yield, you agree to lock up your money until the...
Certificate of Deposit - View CD Rates and Account Options
A CD (certificate of deposit) is a type of deposit account that’s payable at the end of a specified amount of time (referred to as the term). CDs generally pay a fixed rate of interest and can …
What Is a CD (Certificate of Deposit)? - NerdWallet
Oct 14, 2024 · A CD, or certificate of deposit, is a type of savings account with a fixed interest rate that’s usually higher than the rate for a regular savings account.
How Does a CD Account Work? - Investopedia
Aug 30, 2024 · When you open a certificate of deposit (CD), you agree to leave your money in the account for a set period of time. This can range from a few months to a number of years. In …
Certificate of Deposit (CD) | Meaning, Types, & How They Work
Jul 2, 2023 · A Certificate of Deposit (CD) is a financial product offered by banks and credit unions that allows individuals to save money and earn interest over a predetermined period. CDs …