A CD is basically a time-locked savings account. You park your money for a set period — could be six months, could be five ...

Both options offer risk-free methods to grow your savings. Learn how much you can earn with each, how they differ and which ...

A no-penalty CD is more flexible than a traditional CD. Learn how it works to see if it's right for your savings.

A certificate of deposit (CD) account is a popular savings tool offered by banks and credit unions that require you to lock your money away for a set period of time in exchange for a fixed interest ...

With a background in education and a fascination with finance, Emily Batdorf writes approachable content for consumers who want to deepen their understanding of personal finance topics. She loves ...

Brokered CDs can be a convenient option if you already have a brokerage account. Instead of opening a new certificate of deposit account at a bank or credit union, you simply log in to your existing ...

Auto-renewing a CD is convenient, but it may be a good idea to compare rates and consider alternative options.

When building savings, some Americans use a ladder — a CD ladder, that is. A certificate of deposit allows you to deposit money into an interest-bearing account and lock in an interest rate for a set ...

Jumbo certificates at Lafayette FCU with at least $100,000 currently earn 4.33% APY for 2-year terms. Although there are ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...