Best CD rates by term Historically, longer-term CDs pay higher rates. For example, according to data from the Federal Deposit Insurance Corporation (FDIC), six-month CDs averaged 0.78% in 2009 ...

If you hope to earn high interest on money you set aside in a certificate of deposit (CD), you’ll want to consider opening an account soon. CD rates have been slowly decreasing since late 2024 ...

Learn about certificate of deposit (CD) types, how they work, and how they can fit into your savings goals. Browse Investopedia’s expert-written library for more.

A no-penalty CD is a type of certificate of deposit that charges no fee for withdrawing money before the term expires. You usually must withdraw the full balance at once.