The amount of interest you can earn on $25,000 in a CD largely depends on the CD's interest rate and term length. To help, we'll give several examples of common terms.
Commissions do not affect our editors' opinions or evaluations. A certificate of deposit (CD) from a bank, or a share certificate from a credit union, can be a great place to keep savings.
A certificate of deposit offers a guaranteed interest rate over a specified term. Consumers can get their money early but generally with a penalty. Consumers often come out ahead by buying a long ...