Thanks to inflation and a higher federal funds rate, certificate of deposit (CD) interest rates have increased exponentially in recent years. CD interest rates barely broke 1% a few years ago. By ...

Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...

Focus on CDs for cash reserves, use a CD ladder and compare rates. But don’t lose sight of a CD’s purpose. Many, or all, of the products featured on this page are from our advertising partners who ...

While other investment and savings vehicles may get higher returns, few are as reliable as the certificate of deposit. CDs are traditionally safe, solid investments. Let's take a look at common ways ...

CDs are a low-risk investment option that allows your money to grow at a fixed interest rate over a specific period. If you’re considering opening a certificate of deposit (CD) or already have one, ...

You can open a CD at almost any bank, but it literally pays to find CDs with high interest rates. Shop around at credit unions, banks and other financial institutions. Rates will vary and your go-to ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

A certificate of deposit (CD) is a type of savings account that holds your money for a set period of time, known as the term. Terms typically range from three months to 10 years. CDs are popular ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

If you’re considering opening a Certificate of Deposit (CD) or already have one, you might be wondering how to calculate CD interest and estimate how much you’ll earn over time. CDs are a low-risk ...