5 days ago · Here’s a summary of our best CDs, organized by the highest annual percentage yield (APY) range. Annual percentage yields (APYs) and account details are accurate as of February 4, 2025. The...

6 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 growth...

Feb 4, 2025 · Yields on competitive CDs have been decreasing this year, although many shorter-term CDs are offering yields comparable to high-yield savings accounts. In a falling-rate environment, a fixed-rate ...

5 days ago · Today's 3-Month CD Rates. Three-month CDs are a good option for short-term savings goals. The current average rate on a three-month CD sits at 1.30%, but the highest rate is 4.79%. Last week ...

Feb 4, 2025 · Discover the best CDs for secure savings growth. Compare rates and terms, and find the top options from online banks and credit unions right now.

Certificates of deposit, or CDs, are fixed income investments that generally pay a set rate of interest over a fixed time period. Questions? Model CD Ladders provide an easy way to invest in multiple Certificates of Deposit (CDs) at a time, blending longer-term CDs with shorter-term CDs.

What is a Certificate of Deposit? CDs are bank deposits that pay a stated amount of interest for a specified period of time and promise to return your money on a specific date. They are federally insured and issued by banks and savings-and-loans institutions.

Mar 25, 2024 · Certificates of deposit (CDs) are bank deposit products that hold your funds for a set period of time, or term. In exchange, the bank pays you a fixed annual percentage yield (APY),...

Jun 10, 2024 · Understand certificates of deposit (CDs) with this helpful guide. Learn how CD rates work and what may impact the market price of your brokered CDs. Plus, get step-by-step instructions on how to buy CDs.

What is a CD account? A Certificate of Deposit (also known as a CD or Time Account) is a financial product that usually pays a fixed interest rate for a set period of time, ranging from a few months to several years. This set period of time is known as the "term."