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Rates / Annual Percentage Yield terms are current as of the date indicated. Rates are subject to change without notice and may not be the same at all branches. These quotes are from banks, credit unions, and thrifts, some of which have paid for a link to their website. Bank, thrift, and credit unions are member FDIC or NCUA. Contact the financial institution for the terms and conditions that may apply to you.

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Certificate of Deposit (CD) Account FAQs

Adding money to CDs: Your banking questions answered Photo of Jennifer Doss Jennifer Doss Adding money to CDs: Your banking questions answered Most traditional CDs only allow one initial deposit, but add-on CDs let you make... Business Certificates of Deposit (CDs): How They Work Learn about business certificates of deposit (CDs) and how they work to safeguard and grow a portion of your business's funds. Turning a CD into a Secured Loan: Pros and Cons to Consider Find out how CD secured loans work and compare the pros and cons of this collateralized borrowing option. Can you lose money in a CD? What happens if you forget about an old CD account Photo of Thomas (TJ) Porter Thomas (TJ) Porter Can you lose money in a CD? What happens if you forget about an old CD account CDs can be easily forgotten due to their long terms, but funds are often recoverable... Jumbo CDs: Compare Pros and Cons Before Locking in Your Money Photo of Thomas (TJ) Porter Thomas (TJ) Porter Jumbo CDs: Compare Pros and Cons Before Locking in Your Money If you’re saving for a specific goal, using a certificate of deposit (CD) to save... Investing in CDs: The Pros and Cons to Consider Compare the pros and cons for investing your savings in certificates of deposit (CDs) to find out if you comfortable locking in your money for a long time. How do CDs work? A quick 101 Guide Discover how certificate deposits work and learn their benefits and drawbacks. Get informed to make smarter financial decisions. Should You Invest in Brokered CDs? Photo of Kevin Mercadante Kevin Mercadante Should You Invest in Brokered CDs? In many respects, certificates of deposit (CDs) are great... Why Do CD Rates Vary By State? Photo of Paul Sisolak Paul Sisolak Why Do CD Rates Vary By State? A certificate of deposit, or CD, for short, is a bona fide way to save money if... How to Boost the Interest Rate on Your CDs? If you're looking for ways to get a higher interest rate on your certificates of deposit (CDs), consider these different ways to boost your APY. What Are Market-Linked CDs? Learn how market-linked certificates of deposit (CDs) work and how you can use it to grow your money. Find out about the advantages and disadvantages of market-linked CDs, especially when compared to traditional CDs. See if the earnings limits, FDIC insurance, and tax rules of these special CDs are right for your investment portfolio. Should You Invest in Series I Savings Bonds or CDs? Photo of Valencia Patrice Higuera Valencia Patrice Higuera Should You Invest in Series I Savings Bonds or CDs? Series l savings bonds and certificate of deposits (CDs) are low-risk, long-term... Should You Keep Your Emergency Fund in a CD? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Should You Keep Your Emergency Fund in a CD? One of your first priorities financially should be to build an emergency... Should You Use a Bump-Up CD? Find out whether a bump-up CD (certificate of deposit) is the right savings option for you during a time when you're unsure about the direction of interest rates. Can You Transfer an IRA CD to Another Bank? Learn about the rules that apply when you transfer an IRA CD another bank. Find out if there are any fees and penalties involved and how you can transfer retirement savings smoothly without any trouble, including paying taxes and withdrawal penalties. How to Open a Certificate of Deposit (CD) for Your Child Photo of Thomas (TJ) Porter Thomas (TJ) Porter How to Open a Certificate of Deposit (CD) for Your Child Uniform Transfers to Minors Act (UTMA) accounts allow gifting to children with tax... How to Use CDs to Save for a Home Down Payment Photo of Paul Sisolak Paul Sisolak How to Use CDs to Save for a Home Down Payment CDs offer higher interest rates than traditional savings accounts, making them an... Learn the Basics of Certificate of Deposit (CD) Banks and credit unions, both offer depositors or members the option of purchasing CDs which are like savings accounts that you promise not to withdraw money from for a specific period of time. What to Do When a Certificate of Deposit (CD) Owner Dies Wells Fargo refused to honor a widow's certificate of deposit (CD), so she had to bring the case to court. See what steps to take when a CD owner dies. Should You Rollover Certificate of Deposit (CD) After it Matures Photo of Peter Bennett Peter Bennett Should You Rollover Certificate of Deposit (CD) After it Matures With your certificate of deposit (CD) about to roll over, now’s the time to ask,... When Should You Open a CD Account Photo of Anne Dullaghan Anne Dullaghan When Should You Open a CD Account You’ve done everything the financial experts recommend -- saving three to six months... How to Get More by Building a Flexible CD Ladder It‘s not always the best idea to pick your CD ladders by only considering the highest yield ones at this moment, and it could actually end up hurting you. Comparing Early Withdrawal Penalty Fees for CDs How to Earn More Interest With CD Ladder Strategies Photo of Simon Zhen Simon Zhen How to Earn More Interest With CD Ladder Strategies A certificate of deposit (CD) is one of the safest saving tools available and... Putting Your Money in a Callable CD: How Wise Is It? Photo of Simon Zhen Simon Zhen Putting Your Money in a Callable CD: How Wise Is It? Despite CD rates staying at all-time lows these past few years, bank clients are... Opening a CD Account - Hard Pull Vs Soft Pull Explained When trying to open a CD account you might hear about hard and soft pull credit checks. Hard pull vs soft pull - which is going to affect you the most. CDs Vs. Installment Savings Accounts: Which Is The Better Saving Strategy? Learn more about installment savings accounts and compare them to certificates of deposit(CDs) when trying to save for a specific financial goal. What is a CD Ladder and How to Use It to Maximize Yields Photo of Simon Zhen Simon Zhen What is a CD Ladder and How to Use It to Maximize Yields Laddering your CD portfolio is a good way of taking advantage of the highest CD... CDs vs. Bonds: Which is the Better Investment for Your Money? Photo of Simon Zhen Simon Zhen CDs vs. Bonds: Which is the Better Investment for Your Money? CDs and government savings bonds are said to be some of the basic building blocks...