That said, banks and credit unions offering the best available yields for 3-year maturity terms are promising more than three ...

At 4.50% APY, the highest 2-year rate this month goes to Kinetic Credit Union. There is a low $500 required and additional ...

If you have a purchase looming on the horizon, it’s time to take advantage of a hot new offer from Discover. The bank has ...

What is a CD? A CD is a secure investment that generates income through fixed interest over a set period. See more.

We break down the various types of CDs, including traditional, bump-up, step-up, and no-penalty CDs. Discover which CD type can benefit your savings.

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.

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.

Certificate of Deposit Definition. A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years, or ...

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 ...

Understanding certificates of deposit. A CD is a type of savings product that pays interest over a set period of time, typically a month to 10 years. Most CDs come with a fixed interest rate, ...