If you’re planning a big trip to Italy in six months or hoping to buy a new car next year, a CD might help you save up. A CD, or a certificate of deposit, is a type of savings account that lets you ...

Below are the 10 best rates for CDs in August 2025. All of these accounts are protected by either the Federal Deposit Insurance Corp. or National Credit Union Administration, unless otherwise noted.

For years, savers have had to deal with rock-bottom rates on bank certificates of deposit. Even when they've agreed to lock up their money for several years or face early withdrawal penalties ...

The 6-month CD special at Vibrant comes with a highly competitive 4.50% APY and only takes $5 to open. That said, membership ...

A certificate of deposit (CD) is a low-risk deposit account that earns a fixed rate of return. In exchange for this guaranteed yield, you agree to lock up your money until the CD’s term expires.

“A certificate of deposit, or CD for short, is a savings vehicle that’s typically sold by banks to consumers as a low-risk, low-return way to hold cash for a given period of time,” says ...

What Is a Certificate of Deposit? originally appeared on usnews.com Update 03/06/25: This story was previously published at an earlier date and has been updated with new information.

Certificate of Deposit 3 things to do before your CD matures Is your CD account approaching its maturity date? Then consider making these three smart moves now. Mar 18, 2024 ...

The bank explained that the interest on the Four-Year Bullet Certificate of Deposit is 100 percent of the certificate’s balance after the end of the four years. When the customer links a certificate ...

With so many options, you can find a CD with an opening deposit requirement that suits your budget and goals. In general, expect to have at least $1,000 on hand to open a CD with a competitive rate.