Nov 20, 2025 · A certificate of deposit is a type of savings account that pays a fixed interest rate on your deposit for a set period of time (the term), in return for leaving the money in the account untouched...

A certificate of deposit (CD) allows you to save money at a fixed interest rate for a fixed amount of time. This guide will help you learn about how they work.

A certificate of deposit (CD) is a type of low-risk savings account that can boost the amount you earn in interest in exchange for keeping your money deposited for a set amount of time.

Certificates of deposit (CDs) are time deposit accounts that hold your money for a specific term while you earn interest. And most Americans are sleeping on them.

Think of a CD as a higher-commitment savings account, held at a bank, with a fixed interest rate. You agree not to touch your deposit for a specific period, in exchange typically for a higher return than a …

Mar 6, 2025 · CDs typically offer higher returns than a traditional savings account, but you must lock up your money for a fixed period. A certificate of deposit, or CD, is a type of savings account that...

CDs are contractual agreements you enter into with a bank. You give them access to your money for an agreed-upon term — typically anywhere from one month to five years. In return, you’re usually able …

A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years, and in exchange, the issuing bank pays interest.

Jun 16, 2025 · A CD is a type of savings account. With a fixed rate CD, you agree to leave your money in the account for a certain amount of time – or a “term” – and in exchange, the bank pays you a …

What is a CD account? A CD is a type of savings account. But unlike traditional savings accounts—which allow you to withdraw funds at any time—bank CD s hold your funds for a set …