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Certificate of deposit (CD)

Understand how certificates of deposit (CDs) work and how they can help your savings grow securely.

Editors' picks

Young happy businessman sitting at the table typing on computer, researching the types of CDs

11 Types of CDs and How They Work

Tim Maxwell profile imageBy Tim Maxwell
Jun 11, 2025
Young couple deciding how much money to put on their CD account

How Much Money Should I Put in a CD?

Karen Axelton profile imageBy Karen Axelton
Nov 17, 2024
A woman received a statement from the bank about the CD.

What Is a CD?

Marianne Hayes profile imageBy Marianne Hayes
Aug 29, 2024

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What others are reading

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How Much $100,000 Could Earn in a CD

Here's what you need to know about how much a $100,000 certificate of deposit can earn, ho...

Ben Luthi profile imageBy Ben Luthi
Jul 26, 2025

How Much Interest Do CDs Pay?

Marianne Hayes profile imageBy Marianne Hayes
Jun 20, 2023

How to Withdraw Money From a CD

Tim Maxwell profile imageBy Tim Maxwell
Jun 28, 2023

The Pros and Cons of Certificates of Deposit (CDs)

Sarah Archambault profile imageBy Sarah Archambault
Aug 20, 2023

What to Do When Your CD Matures

Gayle Sato profile imageBy Gayle Sato
Jul 30, 2023

3 Alternatives to CDs

Marianne Hayes profile imageBy Marianne Hayes
Nov 10, 2023

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The latest from our experts

CD Rates Forecast for 2025: Are CD Rates Going Up or Down?

Interest rates on CDs have been gradually declining since September 2024, and they're expe...

Marianne Hayes profile imageBy Marianne Hayes
Aug 8, 2025

Best IRA CD Rates: Average 3.83% for August 2025

Here’s what you need to know about how IRA CDs work, where to find the highest rates, how ...

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Best 6-Month CD Rates: Up to 4.25% for August 2025

Before opening a certificate of deposit (CD) account, make sure you're up to date on curre...

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Aug 5, 2025

Best 3-Year CD Rates: Up to 4% for August 2025

If you’re thinking about opening a certificate of deposit, here’s what you need to know ab...

Ben Luthi profile imageBy Ben Luthi
Aug 5, 2025

Best 1-Year CD Rates: 4% or Higher for August 2025

Certificate of deposit (CD) accounts can provide good yields if the account balance is unt...

Marianne Hayes profile imageBy Marianne Hayes
Aug 5, 2025

How Much $25,000 Could Earn in a CD

If you're looking for a secure way to grow your savings without market risk, here's what a...

Ben Luthi profile imageBy Ben Luthi
Aug 3, 2025

How Much $1,000 Could Earn in a CD

See what you could earn with a $1,000 certificate of deposit account (CD) to decide if it'...

Gayle Sato profile imageBy Gayle Sato
Aug 1, 2025

Best 5-Year CD Rates: Over 4% for July 2025

Here's the average rate on five-year CDs. When opening a CD account, it's important to sho...

Marianne Hayes profile imageBy Marianne Hayes
Jul 30, 2025

Best 3-Month CD Rates: Up to 4.25% for July 2025

Before opening a certificate of deposit, make sure you understand current CD trends for th...

Tim Maxwell profile imageBy Tim Maxwell
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Best CD Rates of July 2025

CD rates are constantly in flux—and they can vary widely depending on the financial instit...

Marianne Hayes profile imageBy Marianne Hayes
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What Is a CD Early Withdrawal Penalty?

Taking money out of a CD early usually results in an early withdrawal penalty. With carefu...

Sarah Archambault profile imageBy Sarah Archambault
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Are CDs Liquid?

Although less common than traditional CDs, some CDs are liquid, allowing you penalty-free ...

Jennifer Brozic profile imageBy Jennifer Brozic
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