Investors searching for relatively low-risk investments that can easily be converted into cash often turn to certificates of deposit (CDs). A CD is a special type of deposit account with a bank or ...

A certificate of deposit (CD) account is a popular savings tool offered by banks and credit unions that require you to lock your money away for a set period of time in exchange for a fixed interest ...

Interest rates are falling, and they could drop again soon. The Federal Reserve has cut its benchmark rate twice this year, bringing it down to a range of 3.75% to 4%. While another cut at the Fed's ...

Financial institutions offer a variety of certificates of deposit with different interest rates. Some banks and credit unions even let you take advantage of promotional CDs, which provide higher ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...

Callable CDs may boast higher yields than a traditional CD, but the lender may “call” them back if interest rates fall ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up ...

A bump-up CD allows you to increase your interest rate one or more times during the CD’s term if rates rise, typically on 2-3 year terms. Bump-up CDs typically start with APYs that are 0.10-0.25 ...

When building savings, some Americans use a ladder — a CD ladder, that is. A certificate of deposit allows you to deposit money into an interest-bearing account and lock in an interest rate for a set ...

CD investing involves depositing money into certificates of deposit that earn fixed interest rates for set periods—typically 3 months to 5 years. Your principal remains locked until maturity, but you ...