The highest one-year CD rate depends on factors like current conditions and the amount of money in the account. Some of the ...

What is a CD loan? Learn what it is and how you can use your certificate of deposit as collateral. See the benefits, ...

With inflation lingering and the prices of many goods and services rising, finances have been hard for many Americans these past few years. The one silver lining, though, has been high savings account ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

A certificate of deposit (CD) is a savings instrument that lets savers earn a bit more in interest than they would in a regular savings account – with one catch. When you put money into a CD, you ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...

At the end of July, the Federal Reserve will meet again to discuss the future of interest rates. So far, the Fed has kept the federal funds rate locked. While there has been some pressure on the ...

Pros of Using a Certificate of Deposit for Savings There are several reasons why you may consider using a CD for managing your savings goals. Here are some of the main benefits or advantages of saving ...

Experts say that you should aim to set aside six months' worth of living expenses in an account that is designated specifically for emergency use. This is money intended to cover your expenses if you ...