But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...

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.

BMO offers CD terms ranging from three months to five years, giving customers flexibility. With ten different standard CD term options and five CD specials, BMO CDs could be a great tool for ...

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 ...

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 ...

Business Insider's personal finance team compared Synchrony's CDs to the best CD rates and found it to be an industry leader. Synchrony Bank CD rates are some of the best for people who don't have ...

Mandy is a personal finance contributor to Newsweek’s personal finance team. She started out as a licensed insurance agent in 2005 and began her freelance writing career in 2018. Mandy uses her ...