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 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...
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Key takeaways ; A CD locks in your money for a set period of time, also known as a term, in exchange for providing a guaranteed yield on the funds. CDs are offered in terms that typically range from three months to five years, but can be as short as one month to as long as 10 years or more. When choosing a term, consider when you’ll need access to the money. If you need to withdraw your money before a CD’s term is up, the bank will likely charge you an early withdrawal penalty that eats away...
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A Wells Fargo Certificate of Deposit (CD) offers an alternative way to grow your savings. You choose the set period of time to earn a guaranteed fixed interest rate, regardless of market conditions...
A CD, or certificate of deposit, is a type of savings account with a fixed interest rate usually higher than a regular savings account's rate.
A certificate of deposit (CD) from a financial institution can earn you more in interest but comes with strings attached.
Open a certificate of deposit (CD) account with competitive rates and flexible terms to maximize your savings.