At 4.50% APY, the highest 2-year rate this month goes to Kinetic Credit Union. There is a low $500 required and additional ...

Discover tips to help you select the right amount to deposit in a certificate of deposit (CD). Learn about a CD's typical minimum balance requirements and penalties.

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 ...

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

Banks and credit unions offer certificates of deposit (CD), which pay a fixed amount of interest over a specific amount of time. In exchange, the customer agrees to leave a lump-sum deposit untouched.

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.