Unlike savings and checking accounts that allow you to withdraw funds at any time, if you withdraw money from your CD account ...

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 ...

When building savings, some Americans use a ladder — a CD ladder, that is. A certificate of deposit allows you to deposit money into an interest-bearing account and lock in an interest rate for a set ...

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full ...

Brokered CDs are provided through brokerages and issued by banks. They're like regular CDs, but you can trade them. Many, or all, of the products featured on this page are from our advertising ...

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 ...

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 ...

Short-term CDs currently pay more, but longer-term maturities give you a guarantee of relatively high yields even if rates come down in the near term. Consider a plan, then, that takes advantage of ...

Once a certificate of deposit matures, you enter into what’s called the grace period. You can withdraw funds or let your CD renew. Many, or all, of the products featured on this page are from our ...

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 national average rates. CD ladders let you leverage high rates without locking up ...