This article tackles the benefits and drawbacks of CDs to help you make an informed decision about where to keep your money.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. This is a real concern for savers, particularly for those with CD ...

Recent years have been a boon for many savers who've enjoyed high rates in certificate of deposit (CD) accounts. In particular, those who opened a CD during the 2023–2024 rate surge likely earned a ...

Many people use certificates of deposit (CDs) as a safe, predictable way to grow their savings. But what do you do when your CD matures? You’ll enter a short grace period where you can withdraw your ...

The days of earning 5% or more on nearly risk-free certificates of deposit (CDs) are coming to an end, but for some, they could be ending even sooner than expected as banks and other financial ...

When your certificate of deposit matures, you have a few options. But which is the best in today's falling-rate environment? The answer depends on a number of factors, including your current financial ...

Focus on CDs for cash reserves, use a CD ladder and compare rates. But don’t lose sight of a CD’s purpose. Many, or all, of the products featured on this page are from our advertising partners who ...

Once a certificate of deposit matures, you enter into what’s called the grace period. You can withdraw funds or let your CD renew. Many, or all, of the products featured on this page are from our ...

Are you looking to invest a large sum of money and earn a guaranteed return? A jumbo certificate of deposit might be the answer, but don't be fooled by the name — bigger doesn't always mean better for ...

CD ladders use different maturities to maintain access to funds at regular intervals while guaranteeing a return. Short-term CD ladders are often used as part of an emergency fund strategy. Long-term ...