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A certificate of deposit — or CD — is a type of deposit or savings account that allows you to grow your savings at higher rates of return than a traditional savings account.
A CD is an interest-bearing deposit account that works much like a savings account. However, you cannot withdraw money from that account for a fixed amount of time.
A CD is a type of account offered by banks and credit unions that pays interest on your money for a set period of time. These accounts pay a guaranteed rate of return. These accounts pay a ...
A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.
A certificate of deposit — or a CD — is a savings account that pays a fixed rate of interest on an initial deposit that you agree to lock away for an agreed-on period of time. CD terms can ...
What Is a CD Account? A certificate of deposit (CD) is a type of savings account offered by banks and credit unions that pays a fixed interest rate for a specific term, ranging from a few months ...
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