When you shop for CDs, you typically have two choices: long-term CDs with terms longer than one year and short-term CDs with terms of one year or less. Both options have fixed rates and guaranteed ...

Instead of depositing all of your cash in one CD account, you'd spread your funds across several accounts with different term lengths. For example, if you have $5,000 you'd like to grow toward a ...

Most CDs come with early withdrawal penalties that can wipe out some or all of your earnings. Financial emergencies and better opportunities can justify cashing in your CD early. Don't sleep on ...

What's the downside to falling inflation? It means lower interest rates on savings accounts and certificates of deposit (CDs). Early this year, inflation and interest rates were expected to fall ...

CDs and high-yield savings accounts both earn more than traditional savings accounts. CDs require you to lock in your money for the duration of your term. Fluctuating interest rates play a key ...

If you want to save for a future goal and potentially earn much better returns, consider a certificate of deposit (CD). A CD is a low-risk type of deposit account that helps you earn compound ...

Certificates of deposit (CDs), which are time deposit accounts that hold your money for a specific length of time and earn you interest, are collecting dust in America’s collective tool chest.

Browse Investopedia’s expert-written library to learn more. CDs, along with other types of deposit products, do not build credit. Only borrowing money through some type of loan from a ...

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 ...

Tri-fold smartphone designs were a prominent feature at MWC 2025, with Tecno’s Phantom Ultimate 2 standing out as a notable contender. First teased in August 2024, the device was shown off in a ...

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.

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less.