
What Is a Certificate of Deposit (CD)? Pros and Cons
Nov 20, 2025 · What Is a Certificate of Deposit (CD)? A certificate of deposit (CD) is a type of savings account that pays a fixed interest rate on your deposit for an agreed-upon period.
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, …
What is a CD (certificate of deposit)? - Fidelity Investments
CD, or certificate of deposit, is a savings product issued by a bank. Here’s what you need to know about CDs, including their pros and cons and how to buy them.
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 …
Certificate of Deposit (CD) | Meaning, Types, & How They Work
Jul 2, 2023 · What Is a Certificate of Deposit (CD)? A Certificate of Deposit (CD) is a financial product offered by banks and credit unions that allows individuals to save money and earn …
What is a certificate of deposit (CD)? - Consumer Financial …
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 …
Certificate of Deposit Accounts (CDs) and Rates – BMO
2 days ago · What is a Certificate of Deposit (CD)? When you deposit your money in a CD, you are usually paid a high interest rate in exchange for leaving your funds untouched for a period …
What is a Certificate of Deposit (CD) & How Does It Work
What is a certificate of deposit (CD) and how does it work? 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 …
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, …