Nov 20, 2025 · What Is a Certificate of Deposit (CD)? A certificate of deposit (CD) is a type of savings account that pays a fixed interest rate on your deposit for an agreed-upon period.

CD, or certificate of deposit, is a savings product issued by a bank. Here’s what you need to know about CDs, including their pros and cons and how to buy them.

Aug 27, 2025 · A certificate of deposit (CD) is a savings account that locks your money for a fixed term in exchange for a guaranteed interest rate. CD terms typically range from 3 months to 5 years, with...

Jul 31, 2024 · What is a certificate of deposit? The definition of certificate of deposit is an account that allows you to save money typically at a fixed interest rate for a fixed amount of time—say, 6 months, …

A certificate of deposit (CD) is a type of low-risk savings account that can boost the amount you earn in interest in exchange for keeping your money deposited for a set amount of time.

Sep 5, 2025 · A certificate of deposit, or CD, is a type of account that allows savers to lock in a specific interest rate for a certain time.

Mar 6, 2025 · CDs typically offer higher returns than a traditional savings account, but you must lock up your money for a fixed period. A certificate of deposit, or CD, is a type of savings account that...

Aug 30, 2023 · A certificate of deposit, or CD, is a type of savings account offered by banks and credit unions. You generally agree to keep your money in the CD without taking a withdrawal for a specified …

2 days ago · Understanding CDs A Certificate of Deposit, often shortened to CD, is a type of savings account that holds a fixed amount of money for a fixed period of time, and in return, the bank or …

May 15, 2025 · What is a Certificate of Deposit (CD)? A Certificate of Deposit (CD) offers a guaranteed rate of return over a specific term. Throughout the term period, the deposit cannot be withdrawn …