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.

(APY) between . Available terms range from three months to 10 years, and there’s no minimum deposit required to open an ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Jessica Gibson is a content update editor and writer for Investopedia. She has over ...

The interest-earning potential with either account is significant now, but only one will guarantee those returns.

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 ...

A CD locks in your money for a set period of time, also known as a term, in exchange for providing a guaranteed yield on the funds. CDs are offered in terms that typically range from three months to ...

Use SmartAsset’s CD calculator to see how much your CD can earn based on your deposit size, the length of the term, its interest rate and how often it compounds. Offered by many financial institutions ...