The FOMC may decide to maintain rates steady, in which case CD rates likely won’t change much either. If the Fed rate goes up, CD rates will likely increase shortly thereafter, and if the Fed ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with ...

But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...

This way, you get access to some of your funds earlier in case of an emergency, but you're still locked into a strong interest rate for longer than you were originally. CD ladders don't need to be ...

While Chase offers a wide variety of terms on its CDs, its rates, which are as high as 4% for a two-month CD, are competitive if you are a customer, but otherwise very low. Here’s an overview ...

If you're planning to put $100,000 or more into a CD, a jumbo CD might be a good choice. But keep in mind that some regular CDs pay even higher rates than jumbo CDs, so make sure to shop around ...

Traditionally, CD rates remained fixed for the entire term. Your interest rate on Day 1 was the same as on Day 364. Today, that’s no longer the case. Most CDs still have fixed rates, but more and more ...

Rising inflation, which hit 3.0% in January 2025, may give the Fed a longer pause on rate cuts, but it strengthens the case for investing in CDs or building a CD ladder to protect your money's ...

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...

Other options include six-month terms and, in the case of Bethpage Federal Credit Union, 11-month terms. Long-term CDs typically have a term length of one year or more. In general, long-term CD ...