Although CDs are a type of savings account, there are fundamental differences between the two. Think of CDs as accounts offered with set term lengths. You can access the money without an early ...

A CD is a specific type of savings account (known as a time deposit account) that comes with a fixed interest rate and a ...

New interest rate data released this week by the Federal Deposit Insurance Corporation (FDIC) reiterated a depressing statistic: The average interest rate on a traditional savings account is barely ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So if you're looking for a home for a large, five-figure amount of money ...

The traditional certificate of deposit (CD) is far from being the only CD product available to savers. Financial institutions offer a variety of CDs, giving savers more flexibility to manage their ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...

Brokered CDs are offered through a brokerage firm instead of directly from a bank. They often provide higher interest rates and greater flexibility than standard bank CDs. This guide dives into the ...