A callable certificate of deposit is a CD that can be redeemed early by the issuing bank at a predetermined price. Here's how they differ from traditional CDs.

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.

A certificate of deposit, or CD, is a savings option that pays a fixed interest rate, typically offered by a bank or credit union. You agree to deposit a lump sum of money, ...

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.

A certificate of deposit is a type of savings account that earns interest for a set time frame, known as a term. The term is the length of time you agree to leave your money deposited in the CD.

Not to be confused with the metallic music-playing discs of the '80s and '90s, CDs — formally known as certificates of deposit — are a savings option still very much in play.

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 ...

A certificate of deposit (CD) is a type of deposit account that offers a fixed interest rate. To earn that rate, you'll typically need to keep your funds in the account for a certain period of time.

Thinking about opening a certificate of deposit right now? Smart move. The best CD rates currently top 5% annual percentage yield, or APY, as banks await the Federal Reserve’s next meeting.

As of February 18, 2025, the weighted average interest rate for a 12-month CD was 1.80%, compared with 0.41% for a savings account and 0.64% for a money market account, according to the Federal ...