What Is a Certificate of Deposit (CD)? Pros and Cons
Nov 20, 2025 · A certificate of deposit is a type of savings account that pays a fixed interest rate on your deposit for a set period of time (the term), in return for leaving the money in the …
How does a CD work? | CD rates explained | Fidelity
Understand certificates of deposit (CDs) with this helpful guide. Learn how CD rates work and what may impact the market price of your brokered CDs. Plus, get step-by-step instructions on …
What Is a Certificate of Deposit (CD) And How Does It Work?
Nov 21, 2025 · What Is a Certificate of Deposit? A certificate of deposit (CD) is a savings vehicle that provides interest compensation in exchange for a commitment to leave the amount …
What is a CD (certificate of deposit)? - Bankrate
Aug 27, 2025 · A certificate of deposit (CD) is a savings account that locks your money for a fixed term in exchange for a guaranteed interest rate. CD terms typically range from 3 months to 5 …
Certificates of Deposit (CDs) - Investor.gov
What are certificates of deposit? A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years, …
How Do CDs Work? Learn How to Save Smarter - NerdWallet
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 among federally...
How does a certificate of deposit (CD) work? - Discover
Dec 16, 2025 · What is a certificate of deposit? A certificate of deposit provides a guaranteed rate of return (the interest rate) on your money as long as you agree not to withdraw the funds you …
Certificate of Deposits (CDs) Explained in 2026- BMO
What is a Certificate of Deposit? A certificate of deposit – also known as a CD - is a type of savings account that pays a fixed interest rate on money held for a specific amount of time. In …
What is a Certificate of Deposit (CD) & How Does It Work
Learn everything you need to know about certificates of deposit (CDs): how they work, CD terms, and other frequently asked questions.
What is a CD & how do they work? | Capital One
Jul 31, 2024 · What is a certificate of deposit? The definition of certificate of deposit is an account that allows you to save money typically at a fixed interest rate for a fixed amount of time—say, …