Some of the highest APYs are hard to qualify for, so we also included three of the most accessible one-year CDs available now ...

With promotional 6- and 8-month CD terms currently available, customers in Boca Raton, Fla. are eligible for Ocean Bank’s ...

The APY on your CD represents the rate of return you'll receive on your cash over 12 months. CDs earn compound interest, ...

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.

How a certificate of deposit works. Certificates of deposit are a time-bound deposit vehicle that pays investors an annual percentage yield, or APY, for the duration of the account.

A certificate of deposit (CD), is a type of time-bound savings account that offers the opportunity to earn a higher rate of interest that’s guaranteed, based on a lump-sum deposit.

A certificate of deposit is a special savings account you can open at most banks and credit unions. It requires you to lock away your money for a defined period of time, unlike a regular savings ...

Certificate of Deposit Definition. 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, or ...

Understanding certificates of deposit. A CD is a type of savings product that pays interest over a set period of time, typically a month to 10 years. Most CDs come with a fixed interest rate, ...

But banks and credit unions offering the best available yields for the term are promising nearly triple that amount — with one account delivering up to 5.12% APY to qualifying customers. (See some of ...