This article tackles the benefits and drawbacks of CDs to help you make an informed decision about where to keep your money.

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 ...

Certificates of deposit, or CDs, are savings tools that earn interest on money invested for a pre-determined period. They’re ...

Many people use certificates of deposit (CDs) as a safe, predictable way to grow their savings. But what do you do when your CD matures? You’ll enter a short grace period where you can withdraw your ...

Certificate of deposit (CD) account rates remain attractive today, hovering 4% or higher. But with shifting inflation patterns and the Federal Reserve signaling more room for rate cuts, "CD yields may ...

Average yields for certificates of deposit with 36-month terms are down 10 basis points over the past year to just 1.34% APY, according to the latest government data. And looking ahead, more cuts are ...

Average rates for 1-year CDs are down 9 basis points in the past year to an average of 1.76% APY, according to the latest government data. But that doesn’t mean you have to settle — dozens of banks ...

If you have a large amount of money to deposit, today's best jumbo CD rate is 4.28% APY, offered by GTE Financial. Compare ...