And yet, plenty of banks and credit unions are still touting significantly higher yields at 5% APY or more — with one ...

A callable certificate of deposit (CD) offers a higher interest rate than a traditional one, but with the condition that the issuing bank has the right to "call" or redeem the CD before its ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...

A certificate of deposit is a type of savings account that earns interest for a set time frame, known as a term. The term is the length of time you agree to leave your money deposited in the CD.

Not to be confused with the metallic music-playing discs of the '80s and '90s, CDs — formally known as certificates of deposit — are a savings option still very much in play. This particular ...

See how we rate banking products to write unbiased product reviews. A certificate of deposit (CD) is a type of deposit account that offers a fixed interest rate. To earn that rate, you'll ...

Thinking about opening a certificate of deposit right now? Smart move. The best CD rates currently top 5% annual percentage yield, or APY, as banks await the Federal Reserve’s next meeting.

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 ...

Share certificates are issued by credit unions, while certificates of deposit are issued by banks. Both types of accounts have fixed interest rates for set terms, but early withdrawal penalties ...

A certificate of deposit, or CD, is a savings product that offers a fixed interest rate in exchange for keeping your money in the account for a specified period, or term. If you need to access ...

A certificate of deposit, or CD, is a type of account that can allow savers to lock in a specific interest rate for a certain time and can be a great solution if you're looking to maximize the ...