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A certificate of deposit (CD) is a low-risk deposit account that earns a fixed rate of return. In exchange for this guaranteed yield, you agree to lock up your money until the CD’s term...
A certificate of deposit is a type of savings account with a fixed interest rate and term. CDs, called share certificates at credit unions, tend to have the highest rates...
A certificate of deposit (CD) is a type of savings account offered by banks and credit unions. It pays a fixed interest rate for a set period of time.
A CD, or certificate of deposit, is a type of savings account with a fixed interest rate that’s usually higher than the rate for a regular savings account.
Learn about certificate of deposit (CD) types, how they work, and how they can fit into your savings goals. Browse Investopedia’s expert-written library for more.
Certificates of deposit (CD) are different than other deposit accounts. They usually have fixed APYs, and your money is locked in through the maturity date.
A Certificate of Deposit (CD) is a financial product offered by banks and credit unions that allows individuals to save money and earn interest over a predetermined period. CDs differ from traditional savings accounts and other investment options in terms of liquidity, risk, and potential returns.