A Certificate of Deposit (CD) is a type of time deposit offered by banks and credit unions. This type of financial product is a safe, low-risk investment that allows you to deposit a fixed sum of ...

Promotional CDs often have higher rates than standard CDs. Promotional CDs may come in irregular term lengths, such as 21 months instead of the standard 24 months. Financial institutions commonly ...

A bump-up CD allows you to boost your APY when interest rates rise without having to change any of its other terms.

Certificates of deposit, or CDs, are savings tools that earn interest on money invested for a pre-determined period. They’re different from regular savings accounts because you must leave the money in ...

The interest rate environment is changing once again. After the Federal Reserve kept its federal funds rate on pause for all of 2025, the central bank is poised to issue its first rate cut of the year ...

Though rates on certificates of deposit (CDs) aren't at the sky-high levels they were a year or two ago, these interest-bearing accounts are still offering pretty solid returns for savers. In fact, ...

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 ...

Since the end of 2022, there has been a trend of shorter-term CD rates being higher than longer-term CD rates, both for national averages and among high-yield CDs. While seeing CD rates around 4% can ...

Spencer Tierney is a consumer banking writer at NerdWallet. He has covered personal finance since 2013, with a focus on certificates of deposit and other banking-related topics. His work has been ...