Jul 2, 2023 · 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.

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 years, with...

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 account untouched...

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, 6 months, …

A certificate of deposit, or CD, is a deposit with a fixed interest rate held at a bank for a preset time period. There are 2 types of CDs: bank CDs, which you can buy directly from a bank, and brokered …

A certificate of deposit (CD) is a type of low-risk savings account that can boost the amount you earn in interest in exchange for keeping your money deposited for a set amount of time.

Aug 30, 2023 · A certificate of deposit, or CD, is a type of savings account offered by banks and credit unions. You generally agree to keep your money in the CD without taking a withdrawal for a specified …

What is a CD? A certificate of deposit, or CD, is a type of savings account with a fixed interest rate that’s usually higher than the rate for a regular savings account.

Feb 14, 2025 · What Is a CD? A certificate of deposit (CD) is a type of savings account that offers predictable growth. With this savings strategy, you’ll benefit from federal protection, fixed interest …

What is a CD account? A CD is a type of savings account. But unlike traditional savings accounts—which allow you to withdraw funds at any time—bank CD s hold your funds for a set …