At 4.50% APY, the highest 2-year rate this month goes to Kinetic Credit Union. There is a low $500 required and additional ...

If you have a purchase looming on the horizon, it’s time to take advantage of a hot new offer from Discover. The bank has ...

We break down the various types of CDs, including traditional, bump-up, step-up, and no-penalty CDs. Discover which CD type can benefit your savings.

Several large U.S. banks announced CD rate increases today—a welcome development at a time when most CD shoppers have been ...

A Certificate of Deposit, commonly referred to as a CD, represents a financial product offered by banks and credit unions where an individual agrees to deposit a specified sum of money for a ...

The APY on your CD represents the rate of return you'll receive on your cash over 12 months. CDs earn compound interest, ...

If you put $20,000 in a 6-month CD with a 4.00% APY, your interest earnings would total about $396 when the CD matures.

A certificate of deposit (CD), is a type of time-bound savings account that offers the opportunity to earn a higher rate of interest that’s guaranteed, based on a lump-sum deposit.

For a 12-month certificate of deposit, Goldman currently offers 1.39 percent. By committing to a one-year term, Goldman's customers can earn an extra 0.19 percent in interest.

Pros of certificates of deposit: Cons of certificates of deposit: Generally FDIC- or NCUA-insured up to $250,000: Monies tend to be tied up for a specific term; early withdrawal penalties may apply ...

New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to ...