A Certificate of Deposit (CD) is a type of time deposit offered by banks and credit unions. This type of financial product is a safe, low-risk investment that allows you to deposit a fixed sum of ...

A certificate of deposit (CD) account is a popular savings tool offered by banks and credit unions that require you to lock your money away for a set period of time in exchange for a fixed interest ...

Promotional CDs often have higher rates than standard CDs. Promotional CDs may come in irregular term lengths, such as 21 months instead of the standard 24 months. Financial institutions commonly ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

What is a CD loan? Learn what it is and how you can use your certificate of deposit as collateral. See the benefits, ...

A bump-up CD allows you to increase your interest rate one or more times during the CD’s term if rates rise, typically on 2-3 year terms. Bump-up CDs typically start with APYs that are 0.10-0.25 ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. If you’re saving up for a future business expense, a ...