Eva-Katalin / Getty Images A callable certificate of deposit (CD) offers a higher interest rate than a traditional one, with the condition that the issuing bank has the right to "call" or redeem ...

or playing tourist in her free time. There are numerous ways to save money for the future and earn some interest along the way, and a certificate deposit (CD) is just one of them. This type of ...

As mentioned above, certificates of deposit are relatively risk-free. However, due to inflation — which has been an ongoing issue as of late — you might end up with a lower value than expected.

Image source: Getty Images. A certificate of deposit, or CD, is a type of bank account that requires the account owner to agree to keep their money in the account for a certain period. For this ...

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 ...

A certificate of deposit ... You'll only be able to make a deposit when you first open a CD. You also won't be able to make any penalty-free withdrawals until your term ends.

Certificates of deposit ... and you can withdraw your money penalty-free. Interest rate: The interest rate is the percentage you will earn on your deposit. These rates are locked, which allows ...