CDs are a low-risk investment option that allows your money to grow at a fixed interest rate over a specific period. If you’re considering opening a certificate of deposit (CD) or already have one, ...
APY APY stands for Annual Percentage Yield, which is the actual rate of return per year, including compound interest. The APY is typically the rate you'll see featured for the CD you're considering.
A certificate of deposit can give you some much-needed security in an economy that feels anything but certain. Your CD rate is fixed when you open the account, so your returns are guaranteed for the ...
In recent years, certificate of deposit (CD) interest rates reached historic highs, due, in large part, to the Federal Reserve pushing up its benchmark rate to try and temper inflation. As the ...
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Three-month CDs are a good option for short-term savings goals. The current average rate on a three-month CD sits at 1.30%, but the highest rate is 4.79%. Last week, three-month CDs earned an average ...
The highest interest rate currently available on a one-year CD—one of the most popular CD terms—is 5.02%. If you find a one-year CD with a rate in that neighborhood, you've found a good deal. One week ...