You can use a certificate of deposit (CD) to save for short-term goals or to invest risk-free for the long term. Here are the pros and cons.

Discover the differences between a share certificate vs. CD and find out why each investment option offers a blend of income ...

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

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.

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

Different certificates of deposit have different rates and terms. Don’t settle for the first one you come across. While a certificate of deposit is a secure investment with no serious risks ...

Here are the major benefits of a certificate of deposit: Low risk: As long as you keep your money in a CD, you’re guaranteed the interest. Insurance: CDs carry insurance of up to $250,000, just ...

Certificate of Deposit Definition. 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, or ...

Among certificates of deposit, you’ll find standard options along with specialty CDs like jumbo CDs, no-penalty CDs, step-up CDs, high-yield CDs, add-on CDs and callable CDs.