Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written library to ...

Carefully consider which type of CD is best for you. With a traditional CD, you make a one-time deposit that meets or exceeds ...

Certificates of deposit offer stable investments with predictable returns, but you should understand the terms and features of a CD before you deposit funds. From interest rate earnings to early ...

Text Callout : Key Takeaways - What Is a Certificate of Deposit? Certificates of deposits, which gained popularity in the U.S. in the 1960s, are among the safest and most profitable ways to save money ...

Commissions do not affect our editors' opinions or evaluations. A one-year certificate of deposit (CD) gives you a guaranteed return on your investment with the security of FDIC insurance and the ...

A six-month certificate of deposit (CD) or share certificate could be a smart compromise: You’ll receive a fixed return for a manageably short period of time. Right now, the average six-month CD ...

If you want to save for a future goal and potentially earn much better returns, consider a certificate of deposit (CD). A CD is a low-risk type of deposit account that helps you earn compound ...

Opening a certificate of deposit (CD) can be a solid way to lock in predictable growth on your savings. Currently, the highest average CD rate is 1.80% APY for a 12-month CD, according to the ...

Certificates of deposit are among the smartest ways to prepare for lower interest rates and earn guaranteed yields on your savings. But they come with a catch: You can only deposit money once ...

For example, according to the Federal Deposit Insurance Corporation (FDIC), the national average rate on a three-month certificate of deposit (CD) is 1.45% APY as of Feb. 18, 2025 — which is ...