A certificate of deposit, or CD, lets you lock in an interest rate for a fixed amount of time. This guaranteed rate can provide you with a sense of security, but the flip side of that coin is that ...

Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

When it comes to certificates of deposit (CD) accounts, the interest rate is key. A low CD interest rate, as many savers saw in 2020 and 2021, is generally not worth it, considering that you'll ...

If you click on links we provide, we may receive compensation. Our Guide to the Highest 5-Year CD Rates Available to Anyone in the U.S. Ebony Howard is a certified public accountant and a ...

While streaming and vinyl may be the formats grabbing headlines these days, let's not forget that many of us still stand by our CD collection. Streaming is more convenient and affordable, but there's ...

If you're looking for a very short-term CD, a 3-month CD might be the right choice for you. You won't find 3-month CDs as easily as 6-month or 1-year CDs, as not every financial institution ...