A certificate of deposit (CD), is a type of time-bound savings account that offers the opportunity to earn a higher rate of interest that’s guaranteed, based on a lump-sum deposit.

A certificate of deposit, or CD, is a type of savings account with a fixed interest rate usually higher than a regular savings account's rate.

With guaranteed rates of return (and generous APYs), certificates of deposit (CD) are a nifty tool that can grow your money at a fixed rate. But they're not totally risk free. While your money is ...

A certificate of deposit (CD) is a type of deposit account that offers a fixed interest rate. To earn that rate, you'll typically need to keep your funds in the account for a certain period of time.

Not to be confused with the metallic music-playing discs of the '80s and '90s, CDs — formally known as certificates of deposit — are a savings option still very much in play.

A callable certificate of deposit is a CD that can be redeemed early by the issuing bank at a predetermined price. Here's how they differ from traditional CDs.

As of February 18, 2025, the weighted average interest rate for a 12-month CD was 1.80%, compared with 0.41% for a savings account and 0.64% for a money market account, according to the Federal ...

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.

Some banks require a minimum deposit to open an account, and others will close your account if it sits unfunded for a certain time. How you’ll be able to fund your account will depend on the bank.

For example, First Tech Federal Credit Union offers a promotional 6-month certificate with an APY of 5.05% and a minimum deposit of $500. Credit union share certificates: Tax form 1099-INT or 1099 ...

Share certificates and certificates of deposit really aren't all that different, so the choice will come down to if you prefer to do business with a credit union or a bank. Share certificate vs ...