Learn about high-yield savings accounts and how they can help you reach your financial goals faster. Compare interest rates ...

Minors of any age can open and operate savings and term deposit accounts through their natural or legal guardian ...

A federally-insured savings account that pays a modest interest rate can help you build an emergency fund, save for a major ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of ...

CDs: definition and purpose A CD, or certificate of deposit, is a bank account that keeps your money for a set length of time. For example, if you open a 2-year CD, you'll pay a penalty if you ...

A savings account is considered high-yield if it pays more than a financial institution’s regular demand deposit or passbook savings accounts. High yield savings accounts are typically money ...